New York-listed GasLog has its eyes on LNG carrier newbuilding resales as a way to expand its fleet.
Quizzed by analysts about the company’s growth strategy, chief executive Peter Livanos (pictured) acknowledged seeing the potential for purchases among existing speculative ship orders.
“There are number of orders going to people who don’t have a particularly long or experienced track record in this industry,” he said during a recent conference call.
“We think a company such as ours provides a very compelling story to an industry consolidation of that tonnage.”
The shipowner will also consider new orders as it views more growth potential in the LNG shipping market, Livanos said.
“We also feel there is going to be a continued need for new ships to be...
