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2014 July 3   10:44

GasLog announces delivery of LNG carrier Solaris from Samsung Heavy Industries

GasLog Ltd. has taken delivery of the fully owned LNG carrier Solaris, from Samsung Heavy Industries Co., Ltd. The vessel commenced a medium-term charter to Shell Tankers Singapore (Private) Limited, a subsidiary of Royal Dutch Shell plc., the Company said in a press release.

The vessel is a 155,000 cubic meter tri-fuel Diesel Electric (TFDE) LNG carrier that sets new standards for efficient performance and environmental protection. The vessel is classified to the ABS ENVIRO+ notation, signifying the highest level of environmental protection and energy conservation. Furthermore, the vessel is equipped with a new type of cargo compressors that will reduce the release of greenhouse gasses and offer enhanced cargo and heel management.

GasLog has one further LNG carrier newbuilding due for delivery in 2014 one in 2015, four in 2016 and four in 2017.

About GasLog
GasLog is an international owner, operator and manager of LNG carriers. Following the recently announced agreement to purchase three additional LNG carriers from a subsidiary of BG, the contribution of three vessels to the MLP (Master Limited Partnership) and the contracts for two newbuildings, GasLog’s wholly-owned fleet will include 20 LNG carriers (including 11 ships in operation and nine LNG carriers on order) and will have 6 LNG carriers operating under its technical management for external customers. GasLog’s principal executive offices are at Gildo Pastor Center, 7 Rue du Gabian, MC 98000, Monaco. GasLog is also the general partner and majority interest holder in the MLP, a publicly traded master limited partnership, which owns three LNG carriers.

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