LNG

Aug 21 (LNGJ) - Peter G. Livanos, Chairman and Chief Executive of Monaco-based and New York-listed GasLog said the small LNG carrier fleet owner posted strong revenue, reflecting the continued 100 percent utilization of its vessels. "Our construction programme at Samsung Heavy Industries is on time and on budget, with the first ship currently undergoing outfitting for delivery in January 2013. We are optimistic about the prospects for our two open vessels as well as additional growth opportunities we see going forward from ongoing project developments and increasing demand for LNG," Livanos said.