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June 25, 2014
07:35 EDTGLOG, BRGYYGasLog completes acquisition of three LNG carriers from BG Group
GasLog (GLOG) has successfully completed the acquisition of three LNG carriers from an affiliate of BG Group plc (BRGYY), which was previously announced on April 10. This completes the second acquisition of ships from BG by GasLog in 2014. The acquisition of the first three vessels was announced in January and completed in April. The three ships subject to today’s announcement will be chartered back to BG for six-year initial terms on average. The time charters for the three vessels are staggered with one for 5.5 years, one for 6 years and one for 6.5 years, so that the three vessels will not redeliver at the same time. BG has options to extend the term of the time charters for two of the ships for a period of either three or five years at its election.
News For GLOG;BRGYY From The Last 14 Days
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October 22, 2014
10:09 EDTBRGYYOn The Fly: Analyst Initiation Summary
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05:20 EDTBRGYYBG Group initiated with a Buy at Jefferies
October 15, 2014
09:20 EDTBRGYYOn The Fly: Pre-market Movers
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06:22 EDTBRGYYStatoil names Eldar Saetre as acting president and CEO
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06:21 EDTBRGYYBG Group names Statoil's Helge Lund as CEO, effective March 2, 2015
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