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Peter Livanos reignites public, private debate

The Greek shipping magnate’s decision on Monday to take GasLog private has shipping once again questioning the value of being listed

Wall Street is losing another big name in shipping, sparking the decades old debate on the merits of being listed.

New York-listed LNG carrier specialist owner GasLog announced Monday delisting plans, entering into a merger with BlackRock’s Global Energy & Power Infrastructure team. GasLog’s founder, Peter Livanos, said the new deal would allow “for access to growth capital currently absent in the public equity markets”.

The GasLog announcement marks the fifth shipping stock to exit W...

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