GasLog Ltd. Places a Newbuilding Order at Daewoo Shipbuilding and Marine Engineering Co., Ltd.
GasLog Ltd. has announced the order of four new 174,000 cubic meter liquefied natural gas carriers, featuring advanced MEGI propulsion technology, from Daewoo Shipbuilding and Marine Engineering.
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Rhea-AI Summary
GasLog Ltd. has announced the order of four new 174,000 cubic meter liquefied natural gas carriers, featuring advanced MEGI propulsion technology, from Daewoo Shipbuilding and Marine Engineering. These vessels are scheduled for delivery in 2024 and 2025. Currently, GasLog operates a fleet of 39 LNG carriers, including 35 in the water and four under construction. The company aims to support international energy companies in their LNG logistics chain.
Positive
- Order of four new LNG carriers strengthens fleet capacity.
- New MEGI propulsion technology may enhance operational efficiency.
- Scheduled delivery in 2024 and 2025 indicates future growth potential.
Negative
- None.
Details
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Hamilton, Bermuda, Dec. 01, 2021 (GLOBE NEWSWIRE) -- GasLog Ltd., (“GasLog” or “Company”) today announces that it has ordered four newbuild 174,000 cubic meter liquefied natural gas carriers with the latest generation MEGI propulsion from Daewoo Shipbuilding and Marine Engineering Co., Ltd. for delivery in 2024 and 2025.
Contacts:
Joseph Nelson
Head of Investor Relations
Phone: +1 212-223-0643
Email: ir@gaslogltd.com
About GasLog
GasLog is an international owner, operator and manager of LNG carriers providing support to international energy companies as part of their LNG logistics chain. GasLog’s consolidated fleet consists of 39 LNG carriers (35 on the water plus 4 under construction). Of these vessels, 21 are owned by GasLog, three have been sold and leased back by GasLog under long-term bareboat charters and the remaining 15 LNG carriers are owned by the Company’s subsidiary, GasLog Partners LP.
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