# Another FLNG layer

**URL:** <https://discussion.fool.com/t/another-flng-layer/81509>\
**Category:** Shipping News\
**Created:** [November 23, 2022, 5:12pm UTC](https://discussion.fool.com/t/another-flng-layer/81509 "2022-11-23T17:12:36Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![HohumYNWA](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/hohumynwa/32/1511_2.png) [@HohumYNWA](https://discussion.fool.com/u/HohumYNWA)\
**Post date:** [November 23, 2022, 5:12pm UTC](https://discussion.fool.com/t/another-flng-layer/81509/1 "2022-11-23T17:12:36Z")

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LNG tanker company Flex LNG (FLNG) just announced a deal to extend the time-charter contracts of three existing charters.

> **[Flex LNG – Announce extension of Time Charters for three ships with Cheniere...](https://www.flexlng.com/flex-lng-announce-extension-of-time-charters-for-three-ships-with-cheniere/)**
>
> FLEX LNG is an emerging leader in LNG Shipping with a focus on LNG Carriers and FSRUs (Floating Storage Regasification Units).

19 years of additional charter contract. Though charter rates were not disclosed, I would infer a tighter vessel supply would work in FLNG’s favor.
