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GasLog Ltd.

Company Summary

Description

We are a growth-oriented international owner, operator and manager of liquefied natural gas (LNG) carriers, providing support to international energy companies as part of their LNG logistics chain. Our owned fleet consists of nineteen* wholly-owned LNG carriers, including eleven* vessels on the water and eight ships to be delivered. *GasLog Partners LP’s wholly-owned fleet consists of eight LNG carriers. GasLog Ltd.’s wholly-owned fleet consists of 19 vessels (11 vessels on the water and eight on order).

Financial Data:

NYSE:GLOG from Google Finance

Tickers:

  • GLOG - New York Stock Exchange

Related Entities

Recent news

  • 12/5/2023 - Oman Partners with Port... (subscriber access)
  • 1/26/2023 - GasLog Partners LP to... (subscriber access)
  • 12/1/2021 - GasLog Orders Four... (subscriber access)
  • 10/13/2021 - GasLog Sells GasLog... (subscriber access)
  • 10/13/2021 - GasLog Sells GasLog... (subscriber access)

Company Transactions

Date: 10/13/2021
Type: Acquisition

BUYERS:
  • China Development Bank
    • SELLERS:
  • GasLog Ltd.
    • DETAILS:

    COST: 248 $MM

    NOTES:
    GasLog Ltd. has sold the GasLog Salem LNG carrier to China Development Bank (CDBL) for $128 million. They also sold the GasLog Shangai LNG carrier to CDBL for $120 million.
    REGIONS:
  • International

    • Date: 6/30/2021
    Type: Acquisition

    BUYERS:
  • BlackRock
    • SELLERS:
  • GasLog Ltd.
    • DETAILS:
    NOTES:
    GasLog Ltd. has entered into a take private agreement with BlackRock’s Global Energy & Power Infrastructure team. The deal would see BlackRock acquire all GasLog shares for $5.80/share in cash, marking a 17% premium to the February 19, 2021, closing price. Closing is set for the second quarter of 2021.
    REGIONS:
  • International

    • Date: 3/8/2019
    Type: Acquisition

    BUYERS:
  • GasLog Partners LP
    • SELLERS:
  • GasLog Ltd.
    • DETAILS:

    COST: 214 $MM

    NOTES:
    GasLog Partners announced that they will be purchasing the holding company which charters the GasLog Glasgow from GasLog Ltd. for $214 million. The ship is a 174,000 cbm LNG carrier constructed in 2016 and operated under a charter with Shell through June 2026.
    REGIONS:
  • International

    • Date: 11/15/2018
    Type: Acquisition

    BUYERS:
  • GasLog Partners LP
    • SELLERS:
  • GasLog Ltd.
    • DETAILS:

    COST: 207.4 $MM

    NOTES:
    GasLog Partners has entered into a deal with GasLog to acquire the Methane Becki Anne, a 170,000 cbm LNG carrier. The vessel is chartered to Shell through March 2024.
    REGIONS:
  • International

    • Date: 3/31/2018
    Type: Acquisition

    BUYERS:
  • GasLog Partners LP
    • SELLERS:
  • GasLog Ltd.
    • DETAILS:

    COST: 207 $MM

    NOTES:
    GasLog Partners reported that they have entered into a deal with GasLog Ltd. to acquire the entity which owns GasLog Gibraltar. Additionally, they will repay in full a $45 million unsecured term loan from GasLog. The Gibraltar is a 174,000 cbm diesel electric LNG carrier built in 2016.
    REGIONS:
  • International

    • Date: 11/30/2017
    Type: Acquisition

    BUYERS:
  • GasLog Partners LP
    • SELLERS:
  • GasLog Ltd.
    • ASSETS:
  • Solaris LNG Carrier
    • DETAILS:

    COST: 185.9 $MM

    NOTES:
    GasLog Partners has entered into a deal with GasLog Ltd to acquire 100% of the entity which owns the Solaris LNG carrier for $185.9 million. The vessel is under a multi-year charter with Shell through 2021.
    REGIONS:
  • International

    • Date: 7/5/2017
    Type: Acquisition

    BUYERS:
  • GasLog Partners LP
    • SELLERS:
  • GasLog Ltd.
    • ASSETS:
  • GasLog Geneva
    • DETAILS:

    COST: 211 $MM

    NOTES:
    GasLog Partners LP entered an agreement to purchase the GasLog Geneva LNG carrier from GasLog Ltd. for a total price of $211 million. The deal is expected to close in the third quarter of 2017.
    REGIONS:
  • Worldwide
  • International

    • Date: 5/3/2017
    Type: Joint Venture

    BUYERS:
  • GasLog Partners LP
    • SELLERS:
  • GasLog Ltd.
    • ASSETS:
  • GasLog Greece
    • DETAILS:

    COST: 219 $MM

    REGIONS:
  • Worldwide