The Motley Fool Discussion Boards

Previous Page

Industry Discussions / Shipping News


Subject:  GLOG adds Date:  2/8/2013  10:46 PM
Author:  Hohum777 Number:  2823 of 3757

Gaslog (GLOG) placed an order for 2 additional tankers that will be chartered to BG Group
upon delivery, each on 10-year charters.

I'm guessing BG Group must have secured some new long term supply contracts. Either
that, or they plan on having the newer, more fuel efficient tankers replacing older vessels
currently on charter. GLOG also seems to have secured additional options- looks like it
is at four now.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us