Flex LNG has entered into a new time charter agreement with Spanish electricity company Endesa for the vessel Flex Ranger.
The firm period under the new time charter is 12 months and will commence in direct continuation of an existing time charter with Enel which expires on or about June 2020.
Endesa will also have the option to extend the time charter by an additional 12 months subsequent to the firm period maturing on or about June 2021.