GasLog Partners sees LNG carrier shortfall despite surge in orders
GasLog Partners has not allowed a surge of recent liquefied natural gas carrier orders to dent its bullish outlook for the sector, saying that a significant number of new vessels will be needed to meet demand by 2022, and that the number of new LNG carriers required may hit three figures by 2025. Meanwhile, it has posted increased second-quarter revenues and profits, reflecting the operations of four vessels added to the fleet since last year’s second quarter
Partnership cites ‘robust’ demand and says it has the liquidity to fund 14th acquisition
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