GasLog Partners remains a potential acquisition target but is benefitting from being one of the few remaining publicly listed LNG carrier owners.
That is the view of US investment bank Jefferies' analyst Randy Giveans, who has upgraded the GasLog spin-off to a "buy", reflecting the ongoing increase in asset values in the sector.
He said the shipowner has fully secured its fleet on time charters for the first quarter of 2022 and has 75% of days locked-in for next year, leaving some operational upside to stronger rates next year.