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GasLog Ltd. Reports Financial Results for the Quarter Ended March 31, 2015

May 6, 2015 7:23 AM EDT

MONACO--(BUSINESS WIRE)-- GasLog Ltd. and its subsidiaries (GasLog or Group or Company) (NYSE: GLOG), an international owner, operator and manager of liquefied natural gas (LNG) carriers, today reported its financial results for the quarter ended March 31, 2015.

Highlights

On March 31, 2015, successfully completed the acquisition of two on-the-water vessels from Methane Services Limited (MSL), a subsidiary of BG Group plc (BG Group) for $460.0 million, with time charters back to MSL for an average of 10 years. Post-quarter end, agreement with BG Group to charter three... More