GasLog Ltd. is pleased to announce the delivery of the fully owned LNG carrier Solaris, from Samsung Heavy Industries Co., Ltd.
She today, commenced a medium-term charter to Shell Tankers Singapore (Private) Limited, a subsidiary of Royal Dutch Shell plc.
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 Ltd.
GasLog (NYSE:GLOG) is an international owner, operator and manager of LNG carriers. Following the recently announced agreement to purchase three additional LNG carriers from an affiliate of BG Group, GasLog’s fleet will include 23 wholly owned LNG carriers (including 14 ships delivered and nine LNG carriers on order) and GasLog will have 6 LNG carriers operating under its technical management for third parties. In connection with the recently announced initial public offering of GasLog Partners LP, three of GasLog’s vessels in operation will be contributed to GasLog Partners LP upon closing of the initial public offering. GasLog’s principal executive offices are located at Gildo Pastor Center, 7 Rue du Gabian, MC 98000, Monaco.