Flex LNG Brand Guidelines: A 2006 Company, 13 Two-Stroke LNG Carriers and a NYSE Listing

Oslo Axess, Bermuda, New York.

Flex LNG is a company of the 2000s. It says it was first incorporated in the British Virgin Islands in September 2006, and that in 2009 it completed its initial public offering on Oslo Axess, the junior list of the Oslo exchange, under the symbol FLNG. It writes its own name both as Flex LNG and in capitals, as FLEX LNG.

Its corporate home moved more than once. In June 2017, the company says, it re-domiciled to Bermuda, and in July 2017 it moved its shares from Oslo Axess to the main Oslo Stock Exchange “to increase our visibility to investors.” In June 2019 it added a listing on the New York Stock Exchange, again as FLNG. Shareholders approved leaving Oslo at the annual meeting in May 2025, and the company says the delisting was completed in September 2025, leaving New York as its only listing; LNG Prime, which describes Flex LNG as a Norwegian LNG carrier owner, reported in June 2025 that it would leave the Oslo exchange in September.

Today Flex LNG Ltd. describes itself as a Bermudian limited liability company. Its offices page lists the parent in Hamilton, Bermuda, and management companies in Oslo, Glasgow and London.

Flex LNG has long been linked with the shipowner John Fredriksen. In September 2014 the board noted that Geveran Trading had bought about 15.5 million shares and called Geveran the company’s largest shareholder; in July 2015 the Norwegian business daily E24 described Flex LNG as “Fredriksen-dominated” and Geveran as controlled by Fredriksen. English Wikipedia lists Flex LNG among the shipping companies in which Fredriksen has kept interests through his holding companies.

Thirteen ships, two engine types.

The fleet is the product. Flex LNG says it owns thirteen LNG carriers, built between 2018 and 2021: nine with MEGI engines and four with X-DF engines. Its fleet list gives the yards as DSME, SHI and HHI, and a cargo capacity of between 173,400 and 174,000 cubic metres for each ship. By the list’s dates, four ships arrived in 2018, two in 2019, four in 2020 and three in 2021; the four X-DF ships all came from HHI, and the MEGI ships from DSME and SHI. Every name begins with Flex — among them Flex Endeavour, Flex Courageous, Flex Aurora and Flex Vigilant.

The company spends part of its website explaining the engines. LNG carriers have been built since 1964, it says, and until about 2010 they were generally driven by steam turbines; from around 2002 owners began ordering dual-fuel or tri-fuel diesel engines, and from around 2012 engine makers began offering slow-speed two-stroke engines made for gas. It names the two choices as MEGI, a high-pressure gas-injection engine from MAN, and X-DF, a low-pressure engine from WinGD, previously part of Wärtsilä, and says the first LNG carrier with a MEGI engine was delivered in 2016.

Since 2019 the ships have been run by an in-house manager, Flex LNG Fleet Management, which the company says has its main office in Oslo and further offices in Newcastle and Singapore; it says crew are sourced and trained with its crewing provider, Bernhard Schulte Shipmanagement. The company’s chief executive, H. Marius Foss, joined in August 2018 and became CEO in December 2025; its management page says he previously led shipping at Golar Management and was chartering manager at Frontline. Its chief financial officer, Knut Traaholt, joined in May 2021.

Design and documentation.

LNG and natural-gas companies sell something few customers ever see. Gas is cooled to a liquid, carried across oceans and warmed back into gas before it reaches a power station, a factory or a kitchen, so the companies in this guide tend to present themselves through the places and machines that do that work rather than through the product itself.

For exporters, the plant is the picture. Websites and press releases show liquefaction trains, storage tanks and loading docks, often lit at dusk or photographed from the air, and describe each site by its location, acreage and capacity in million tonnes a year. Shipping and floating-terminal companies lean on their vessels instead: membrane tankers, floating storage and regasification units and floating liquefaction ships, each with its own name. Utilities and gas distributors tend to come closer to home, with blue flames, kitchen hobs and heating, and with tariffs and service pages.

The other common thread is time. Projects are told as sequences of milestones: permits, sales agreements, a final investment decision, first cargo and the start of commercial operations, each with a date. Investor presentations add capacity charts, contract tables and maps of buyers in Europe and Asia, while safety, environment and community pages, along with grievance and regulatory notices, sit alongside them, often written for the neighbours of a plant as much as for its customers.

This guide sets out what can be checked about each company: who founded it, who owns it, where its plants and ships operate, and what has happened to them, including outages, disputes and changes of ownership, stated with dates. It marks clearly what rests only on the company’s own word, and the colours and typefaces shown are our own unofficial interpretation, not any company’s brand standard.

A fleet named Flex.

Flex LNG presents itself mainly to investors. Its homepage leads with a financial calendar, quarterly presentations and earnings releases rather than with its ships, and its website groups dividends, analysts, an annual ESG report and SEC filings under an investor section; the company says it publishes a ship recycling policy among its governance documents. Its answers to shareholders’ questions say it has no fixed dividend policy but aims to distribute surplus cash over the cycle. It also offers a dividend reinvestment and direct stock purchase plan for shareholders of record in the United States. In November 2026 its homepage pointed readers to a 2025 annual ESG report and to a presentation given at the Pareto Securities energy conference in September 2026.

Its visual identity is not described in any published guidelines that are openly available. What the company does show consistently is a naming system: one prefix on every ship, a short ticker that has stayed FLNG through three listings, and a capitalised FLEX LNG in its fleet list and website header. In LNG Prime’s 2025 report the company is simply “Norwegian LNG carrier owner Flex LNG,” although the parent company is registered in Bermuda and its management companies sit in Oslo, Glasgow and London.

For a design guide, Flex LNG shows how a young shipowner can build its identity around a fleet name and an engine choice. Compare Golar LNG, where its chief executive once led shipping, and Höegh LNG, another LNG shipowner with roots in Oslo. For this guide we use a night hull navy, a cargo blue and a frost steel with a sans, an unofficial interpretation; no product or logo is reproduced.

Keep Flex LNG’s identity on hand — save it to a board in the Made Good inspiration library.