GasLog Partners strike LNG carrier charter deal with Gunvor

GasLog Partners strike LNG carrier charter deal with Gunvor
Illustration purposes only (Image courtesy of Dunkerque LNG)

GasLog Partners, the New York-listed spinoff of LNG shipper GasLog, has entered into a three-and-a-half-year charter for the GasLog Shanghai with Clearlake Shipping, a Gunvor Group company.

The charter, expected to commence in June 2019, will have a variable rate of hire across the charter period based upon an agreed range, the partnership said in a statement on Friday.

Andrew Orekar, CEO of GasLog Partners, said, “The charter delivers on our commitment to secure term employment for the GasLog Shanghai, strengthens the cash flow visibility of the Partnership and supports our year-on-year distribution growth guidance of 2 percent to 4 percent in 2019.” 

The GasLog Shanghai is a 155,000-cbm TFDE LNG carrier built in 2013 which is currently operating in the LNG carrier spot market.

Share this article

Follow LNG World News

Events>

<< Mar 2020 >>
MTWTFSS
24 25 26 27 28 29 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Flame 2020

Flame is Europe’s largest and most influential meeting place for the global gas industry.

read more >

4th PNG Petroleum & Energy Summit

The CWC Group, in partnership with Kumul Petroleum Holdings Ltd.

read more >

FSRU World Congress 2020

FSRU World Congress 2020 will therefore focus on further Commercialising FSRUs through LNG-to-Power…

read more >

CWC World LNG & Gas Series: 12th Asia Pacific Summit

The 2020 Summit will offer an unrivaled programme covering relevant and significant discussion topics…

read more >