Press releases – Page 265

Flex LNG Reports Loss but Expects Improvement

Due to the weaker LNG shipping market, Flex LNG closed the first half of this year with a net loss.

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Next quarter is expected to be slightly affected by the seasonal slowdown in the chemical tanker market.

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Germany-based shipping company BBC Chartering has appointed Ulrich Ulrichs as a new CEO of the company.

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New Zealand’s Napier Port completes NZD 234 million IPO that would enable it to fund its long-term investment program.

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Australian is to work alongside international partners to assure security of merchant vessels in the Strait of Hormuz.

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