GasLog

‘Mexican Standoff’ Persists in LNG Spot Shipping Market

In a major development, GasLog Ltd, one of the largest U.S.-listed liquid natural gas (LNG) tanker owners, is confident that today’s weak spot shipping rates are poised to turn, says an article published in the Freight Waves.

However, others warn that project delays and a high orderbook could slow the rebound.

Excluding the non-cash changes in the value of derivatives and other factors, adjusted net income for the first quarter of this year was $28.1 million, or $0.11 per share, topping the $0.06...

http://mfame.guru/mexican-standoff-persists-in-lng-spot-shipping-market/

GasLog Lays Keel for Its New LNG Carrier at SHI Shipyard

Gaslog held a keel laying ceremony for its LNG carrier currently under construction at SHI shipyard, says an article published in LNG World News.

Keel laying ceremony

Monaco-based LNG shipper GasLog announced that it has held a keel laying ceremony for its liquefied natural gas carrier currently under construction at the South Korean Samsung Heavy Industries shipyard.

Vessel specification

According to GasLog’s website The vessel with the hull number 2274 will be capable of transporting 180,000...

http://mfame.guru/gaslog-lays-keel-for-its-new-lng-carrier-at-shi-shipyard/

Gaslog Signs Ground-Breaking 12-Year Charter Agreement With JERA

GASLOG SANTIAGO

GasLog Ltd. (“GasLog” or “the Company”) is very pleased to announce that a wholly owned subsidiary of the Company has signed a ground-breaking long-term time charter party agreement with LNG Marine Transport Limited (“LMT”), the principal LNG shipping entity of Japan’s JERA Co., Inc (“JERA”), for its existing uncommitted newbuild vessel, HN 2274. JERA is one of the largest LNG buyers globally by volume.

Representation Image – Credits: wartsila.com

GasLog is scheduled to take delivery of the...

https://www.marineinsight.com/shipping-news/gaslog-signs-ground-breaking-12-year-charter-agreement-with-jera/

GasLog Partners To Acquire ‘GasLog Glasgow’ From GasLog Ltd. For $214 Million

GasLog Glasgow

GasLog Partners LP (“GasLog Partners” or the “Partnership”) and GasLog Ltd. (“GasLog”) announced that the Boards of Directors of both companies and the Conflicts Committee of GasLog Partners have approved entering into an agreement for the Partnership to purchase from GasLog 100% of the shares in the entity that owns and charters the GasLog Glasgow (the “Acquisition”). The aggregate purchase price for the Acquisition will be $214 million, which includes $1 million for positive net working...

https://www.marineinsight.com/shipping-news/gaslog-partners-to-acquire-gaslog-glasgow-from-gaslog-ltd-for-214-million/

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