# New Flex LNG charter **URL:** \ **Category:** Shipping News\ **Created:** [November 29, 2024, 12:02pm UTC](https://discussion.fool.com/t/new-flex-lng-charter/110782 "2024-11-29T12:02:37Z")\ **Posts on this page:** 2\ **Page:** 1
**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 29, 2024, 12:02pm UTC](https://discussion.fool.com/t/new-flex-lng-charter/110782/1 "2024-11-29T12:02:37Z")
Flex LNG (FLNG) provide a nice post-Thanksgiving development. A vessel that comes available in early 2025 has secured a 15-year charter with a possible extension. > **[Flex LNG – Announces 15-year Time Charter for Flex Constellation – FLEX LNG](https://www.flexlng.com/flex-lng-announces-15-year-time-charter-for-flex-constellation/)** > > Flex LNG is an LNG shipping company with a fleet of thirteen modern LNG carriers on the water, all with the latest generation two-stroke propulsion (MEGI and X-DF). Flex LNG is listed on New York Stock Exchange and Oslo Stock Exchange under the... No indication on the charter rate for Flex Constellation. However, mid-2025 one should be able to make a reasonable guess based on the data FLNG provide for Q2 2025. A 15-year charter bumps up their fleet-wide coverage by \> 1 year – not shabby at all. ---
**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 29, 2024, 9:11pm UTC](https://discussion.fool.com/t/new-flex-lng-charter/110782/2 "2024-11-29T21:11:59Z")
Oh wait! … the new charter does not start until 2026. So Flex LNG does have a short term problem with Flex Constellation. Filling in the one year charter gap between 2025 and 2026. It is a fuel efficient vessel, so it might get some advantage on select charters. But, not all the time.