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GasLog Partners completes acquisition of GasLog Seattle

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LNG Industry,

GasLog Partners LP has announced the closing of its acquisition of 100% of the shares in the entity that owns and charters the GasLog Seattle LNG carrier.

GasLog Seattle is a 155 000 m3 tri-fuel diesel electric LNG carrier built in 2013 and operated by GasLog Ltd since delivery.

The LNG carrier is currently on a multi-year time charter with a wholly owned subsidiary of Royal Dutch Shell plc through December 2020. Shell has two consecutive 5-year extension options, which if exercised, would extend the charter for a period of either 5 or 10 years.

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