John Fredriksen's Flex LNG is expecting better earnings as LNGC markets tighten, following what it called an "unsatisfactory" first six months.

The start-up's net loss was cut to $2.9m in the second quarter against $6.7m in 2017.

The four operational ships brought in less revenue at $7m, compared to $8m a year ago, but operating costs were reduced to $3.1m