Good Day and thank you for standing by. Welcome to Flex LNG First Quarter 2021 Earnings Presentation Conference Call. At this time all participants are in a listen-only mode. After the speaker's presentation, there would be a question-and-answer session. [Operator Instructions]. Please be advised that today's conference is being recorded. [Operator Instructions]. I would now like to turn the conference over to your speaker today, Øystein Kalleklev. Please go ahead. Øystein Kalleklev: Thank you and welcome to today's Flex LNG’s webcast, I am glad you could make it. I am Øystein Kalleklev, the CEO of Flex LNG Management. I will be joined today by our new CFO, Knut Traaholt, who will walk you through the numbers as well as providing our financial updates, update later on. We will be presenting the first quarter of the Sales for 2021. And this is a presentation we have been looking forward to share with you. Please also note that the replay of this webcast will be available@flexlng.com and also on the Flex LNG YouTube channel. So, Slide #2 is a Disclaimer. Before we start the presentation, I will remind you of the disclaimer with regard to among others forward-looking statements, non-GAAP measures and completeness of details. And the full disclaimer is available in the presentation, and we recommend that the presentation is read together with the earnings report we also released today. So let's kick off on slide #3, the Highlights. The LNG market has been remarkably strong this year. We started off with a boom at the start of the year with both LNG product prices and freight rates going sky high. However, it's fair to say that these rate high levels reflect the market more or less sold out for both cargoes and ships. So only a few cargoes and spot…

Thank you. Øystein,let's turn to slide 8 and the income statement. Revenues for the quarter came in at $81.3 million in-line with our guidance for the quarter of $80 million to $90 million. This is up from $67.4 million in the previous quarter. The increase is due to the delivery of the new buildings, Flex Freedom and Flex Volunteer in January and a slightly improved market with the fleet delivering a TCE right for the quarter of 75,400 per day, up from 73,700 per day in the previous quarter. Operating expenses were $14.3 million in the first quarter, compared to $14.5 million in the fourth quarter, despite that we had a larger fleet this quarter. This resulted in an opex per day or a 12.9 -- 12,900 per day versus 15,300 per day in the last quarter. The difference is explained by higher COVID related expenses in Q4. And despite the positive reduction in the operating expenses, we continue to face higher COVID related expenses caused by challenging crew changes in quarantine, increased lube oil prices and additional cost of transporting space and services to our vessels. These costs can be a bit pumpy as illustrated in Q4, but we are now back to a normalized level in Q1 and we expect smoother opex, once the restrictions are gradually lifted. Adjusted EBITDA for the quarter was $64 million up from $50.2 million in the previous quarter. Interest expenses were up in Q1 due to a full quarter of interest on the depths related to the vessels delivered during the fourth quarter and a full quarter of interest related to Flex Freedom and Volunteer delivered in January. Net income for the quarter was $47.2 million or $0.88 per share up from about $28 million or $0.48 per share in the previous…

[Operator Instructions] There are no questions at this time. [Operator Instructions].

Øystein Kalleklev: Yeah. Okay. Once again, everything is very clear. It seems like telephone is going out of Vogue. So maybe we should try to focus more on the chat function for questions next time. But until then I wish you a good weekend, a good spring. We will be back in August with the second quarter, the sales probably somewhere in the middle of August. I think market will be very healthy at that time. Don't do loud facets going into six digits. By that time, we will probably see contango fracture developing in the gas prices because of a failure of Panama congestion. So, so I think, you know, and I'm really looking forward to the second quarter as well. So with that, I wish you a good day.

This concludes today's conference call is thank you for participating. You may now disconnect.