LNG

Sept 6 (LNGJ) - GasLog, the Monaco-based  LNG carrier fleet operator, signed an agreement to acquire the "STX Frontier", a 2010-built, 153,600 cubic metres capacity LNG carrier from STX Pan Ocean LNG,  a Singapore-based company. The vessel cost was put at $160 million. "The intention is that GasLog will take over the vessel from STX Pan Ocean early in the fourth quarter of 2013 in Spain, which makes her well positioned to take advantage of the current tight supply of tonnage for this winter in the Atlantic," said GasLog Chief Executive Paul Wogan