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>

<< Jul 2019 >>
MTWTFSS
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

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

LNG Pricing, Trading & Hedging Singapore

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >