GasLog Eyes Low-Priced LNG Carrier Orders in China

indicate that GasLog has signed a letter of intent to acquire two LNG carriers, with an option to purchase two additional vessels. This move suggests strategic positioning to capitalize on competitive pricing in the global shipbuilding market. The potential deal with Jiangnan Shipyard aligns with broader industry trends, where strategic decisions on fleet expansion are influenced by cost considerations and market demand for LNG carriers. This action could also signal a shift in preferences towards China for shipbuilding needs due to more affordable pricing. Source: https://www.tradewindsnews.com/gas/peter-livanos-controlled-gaslog-linked-to-incoming-low-priced-lng-carrier-orders-in-china/2-1-1832678