GasLog Partners LP Announces Closing of the GasLog Glasgow Acquisition from GasLog Ltd.
GasLog Partners LP and GasLog Ltd. announced yesterday the closing of the Partnership’s acquisition from GasLog of 100% of the shares in the entity that owns and charters the GasLog Glasgow.
The GasLog Glasgow is a 174,000 cubic meter tri-fuel diesel electric liquefied natural gas (“LNG”) carrier built in 2016 and operated by GasLog since delivery. The vessel is currently on a multi-year time charter with a wholly owned subsidiary of Royal Dutch Shell plc (“Shell”) through June 2026. Shell has the option to extend the charter for a period of five years.