GasLog Partners wraps up Solaris LNG carrier acquisition

GasLog Partners has completed the purchase of the 155,000-cbm Solaris LNG carrier from its parent company GasLog Ltd. 

The $185.9 million deal was announced in September.

The New York-listed spinoff said previously it expects to finance the acquisition with cash on hand and the assumption of $117 million of Solaris’ existing debt.

Solaris is a tri-fuel diesel electric LNG carrier built in 2014.

The vessel is currently on a multi-year time charter with a wholly owned subsidiary of LNG giant Shell through June 2021.

The latest acquisition expands the partnership’s fleet to 12 wholly owned LNG carriers.

Share this article

Follow LNG World News

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 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 1

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Nov 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >

Budapest LNG Summit 2019

The Budapest LNG Summit is a niche event focused on the up and coming LNG region of Central & Eastern Europe (CEE).

read more >