Greek shipowner Peter Livanos has set in motion a potential initial public offering of GasLog.

The company, which owns two LNG carriers on charter to BG Group and eight newbuildings on order at Samsung Heavy Industries, is aiming to raise $350 million on the New York Stock Exchange under the listing GLOG.

In documents filed with the US Securities and Exchange Commission, GasLog confirmed four of the newbuildings have charters with BG Group, which has taken one pair for five years and the other for six.

Shell