GasLog Partners hit by expiry of charters and derivatives losses

Tuesday, 05 February 2019

LNG Journal editor

GasLog Partners, the US-listed affiliate of Monaco-based GasLog Limited, said spot charter rates were currently at around $69,000 per day for tri-fuel, diesel-electric vessels as it reported lower fourth-quarter revenue and a 37 percent drop in profits attributed to derivatives losses, the expiry of charters and higher expenses in operating the 14 LNG carriers in its fleet portfolio. 

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