FLEX LNG says H1 2026 revenue rises to USD 187.3 million on spot-market gains, new charters starting in March
Reuters2026/08/19 10:30Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Six months ended June 30, 2026 net income rose to USD 64.36 million from USD 36.45 million.
- Vessel operating revenues increased to USD 187.26 million from USD 174.42 million, driven by stronger spot-market earnings and new charters.
- Voyage expenses climbed to USD 12.18 million from USD 4.96 million, reflecting higher bunker, repositioning, and gas-up/cool-down costs.
- Interest expense fell to USD 39.71 million from USD 46.43 million, reflecting lower effective borrowing rates and 2025 refinancing benefits.
- Derivative results swung to a USD 9.59 million gain from a USD 8.64 million loss, mainly due to interest rate swap fair-value movements.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FLEX LNG Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-057822), on August 19, 2026, and is solely responsible for the information contained therein.
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