GasLog Partners Secures Multi-Year Charter from Gunvor

Gaslog Hong KongIllustration; Source: Flickr – under the CC BY 2.0 license; Image by: Kees Torn

LNG carrier owner and operator GasLog Partners has, through a subsidiary, signed a new multi-year charter agreement with Gunvor Group.

Under the deal, Gunvor’s Clearlake Shipping would hire the 155,000 cbm TFDE LNG carrier GasLog Shanghai for a period of three and a half years.

The 2013-built tanker is currently operating in the LNG carrier spot market.

The charter, expected to commence in June 2019, will have a variable rate of hire across the charter period based upon an agreed range, 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% to 4% in 2019,” Andrew Orekar, Chief Executive Officer of GasLog Partners, said.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 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

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

2nd GREENTECH IN SHIPPING GLOBAL FORUM

Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >