Gaslog signed an Export Credit Agency-backed debt
financing of $1.05 billion with 12 international banks for its current newbuilding program.
Commodities trading firm Trafigura was offering the Gaslog Santiago tanker for up to three months from early December,
the industry sources said.
This implies that newbuilding order activity in 2019 needs to slow relative to 2018 levels in order to
reduce the risk of vessel oversupply," Gaslog said.
Gaslog Partners, which owns, operates, and acquires liquefied
natural gas(LNG) carriers under multi-year charters, said that the longer-term outlook for natural gas demand continued to strengthen in the first quarter of 2019.
Andy Orekar, Chief Executive Officer of Gaslog Partners, stated,"I am very pleased
to announce the signing of this charter agreement with Cheniere, the Partnership's second agreement this year with a new and high-quality counterparty.
Gaslog Sydney is a 155,000 cbm tri-fuel
diesel electric liquefied natural gas(LNG) carrier built in 2013 and currently on a multi-year time charter with a wholly owned subsidiary of Royal Dutch Shell plc through September 2018.
Gaslog Sydney is a 155,000 cbm tri-fuel
diesel electric liquefied natural gas(LNG) carrier built in 2013 and currently on a multi-year time charter with a wholly owned subsidiary of Royal Dutch Shell plc(RYDAF) through September 2018.
Gaslog Chief Executive Paul Wogan said
the recent upturn in rates should continue, reflecting expectations of a large addition in supply next year, mainly from new U.S. plants starting up and continued robust demand for LNG.
LONDON(Reuters)- Gaslog, a liquefied natural gas(LNG)
carrier, said on Thursday it was considering extra dividends or a share buyback after reporting record profit due to soaring shipping rates, which are expected to remain elevated for the next year or two.