GasLog agrees time-charters for two LNG carriers

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GasLog has agreed a time-charter deal with Pioneer Shipping Limited, a wholly owned subsidiary of Centrica, for the GasLog Sydney, a tri-fuel diesel electric LNG carrier.

The company has also agreed with a wholly owned subsidiary of Shell, the time charter of the GasLog Gibraltar, a TFDE LNG carrier, to be extended by five years, following the exercise of their extension option, with the contract now set to expire in 2028.

Moreover, GasLog said it had agreed a multi-year charter deal with KE Fuel International (Kansai) for the tri-fuel diesel electric (TFDE) LNG carrier Solaris.

In addition, a one-year charter extension with CNTIC VPower Energy for a steam LNG carrier Methane Alison Victoria, with the contract now to expire in 2024, was confirmed.

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