Flex LNG applies for direct listing in the US
Norway-based Flex LNG, part of John Fredriksen's empire, has applied for a direct listing on the New York Stock Exchange following the publication of its annual report. The company has a bullish outlook on the sector due to additional liquefaction capacity coming onstream around the world
Flex LNG says the rationale for the direct listing rather than an initial public offering is based on the fact that its fleet is fully-capitalised