GasLog Ltd, the operator of a fleet of 27 vessels along with affiliate GasLog Partners, posted a more than 78 percent surge in annual profits as global energy shipping activities intensified and charter options were extended.
GasLog, the LNG shipping company with a fleet of 34 carriers in the Group, benefited from the vibrant spot charter market during the third quarter to increase revenues and profits and signed new time charter agreements.
GasLog Ltd, the LNG carrier fleet owner with 36 ships split with its US affiliate GasLog Partners, posted a first-quarter 2020 loss as LNG demand faced multiple headwinds.
GasLog Ltd, the Monaco-based LNG fleet owner and operator with 19 vessels and with another 15 ships held by its US affiliate GasLog Partners, reported that the forecast tightening of the LNG shipping market had come to pass with increasing US output and the seasonal uptick in demand for natural gas.