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Fairview buys stake in GasLog
Fairview Capital Investment Management has bought a 5.6% stake in NYSE-listed LNG shipowner GasLog Ltd.
A filing to the US SEC shows that on August 24 the investment adviser, which controlled by Fairview Capital, bought 4,500,005 shares in the shipping company, which is led by Peter Livanos.
GasLog’s share price has lost 34% of its value over the past year to date, closing yesterday at $13.46 per share.
Last month, the owner formed the first LNG carrier pool with Dynagas and Golar LNG.