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Stock impact report

Second ‘Dark-Fleet' LNG Ship Departs Sanctioned Russian Terminal [BNN Bloomberg (Canada)]

FLEX LNG Ltd. Ordinary Shares (FLNG) 
Company Research Source: BNN Bloomberg
The Asya Energy, part of a suspected “dark fleet” of vessels assembled by Moscow to take gas to willing buyers, is now heading west after satellite images showed the ship at the Arctic LNG 2 plant last weekend. Traders are closely tracking activity at the terminal, which was slapped with sanctions last year that prevented delivery of the ice-class tankers needed to export the LNG. Yet earlier this month a tanker set off from the plant, suggesting Russia's managed to circumvent the curbs using its shadow fleet. The Asya Energy previously showed its location as circling in the Barents Sea for more than 10 days, apparently concealing its true location. The ship's destination and the buyer of its cargo are unclear. The second vessel's behavior mirrors that of the first. That tanker, the Pioneer, was last seen entering the Mediterranean Sea as of Thursday, tracking data show. That means it may be headed to southern Europe or Turkey, North Africa or the Middle East. The vessel coul Show less Read more
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