4min chapter

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Accelerating the Energy Transition Episode 3 | Oystein Kalleklev, CEO, Flex LNG

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CHAPTER

New Ships on the Way?

Long term for our new building is typically five to ten years. You still do see some inquiries longer than that, primarily the catari tenders. There are still some ancient players and catari going longer than ten years. But i would say five to ten is the normal to day for new buildings. And then for war ships, un the water, you will probably more see tree to seven yers,. So similar to just the l and g tradeth, the contract terms of the new long term is now shorter than the old long term.

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