Fairview buys stake in GasLog

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.

 

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.

Related Posts