gaslog takes hit on steam turbine vessels

  • GasLog Ltd. Reports Financial Results for the Three-Month ...

    Mar 31, 2020· Of these vessels, 19 (13 on the water and six on order) are owned by GasLog, one has been sold to a subsidiary of Mitsui & Co., Ltd. and leased back by GasLog .

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  • Edited Transcript of GLOP earnings conference call or ...

    Nov 03, 2019· Our strong financial performance was due to our 2-vessel acquisitions in 2018 and 1 in 2019 as well as a full quarter's contribution from the GasLog .

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  • Qatar LNG vessel orders to take up shipyard capacity - ME ...

    And the firm may wish to replace some of its older vessels with steam turbine propulsions, Gurvin said. Risk of LNG shipping market being "overbuilt" wanes. Long-term charter agreements have now been secured for much of the LNG vessel orderbook, reducing the risk of the LNG shipping market being "overbuilt" in the early 2020s, delegates heard.

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  • GasLog Partners LP (GLOP) Stock Forum & Discussion - Yahoo ...

    GasLog Partners LP (GLOP) ... $18.8 million in aggregate on certain of our steam turbine propulsion ("Steam") vessels. ... to write off the same steam ships ? Or are they planning to hit us ...

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  • Displaying items by tag: LNG ships

    At the same time, the carrier operator as of December 31, 2019, recognized an impairment loss of $162.1M on its six steam-turbine propulsion vessels built in 2006 and 2007, including five US GasLog Partners LP vessels and one GasLog directly-owned vessel, due to negative market conditions.

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  • GasLog Partners LP (GLOP) Q4 2018 Earnings Conference Call ...

    Jan 30, 2019· Image source: The Motley Fool. GasLog Partners LP (NYSE: GLOP) Q4 2018 Earnings Conference Call Jan. 30, 2019, 8:30 a.m. ET Contents: .

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  • Steam Piping Best Practices | CleanBoiler

    Steam moving through a line at high speeds picks up condensate in the bottom of the pipes, much like wind blowing across a lake forms waves. When the high speed steam and condensate come to a bend, such as a 'Tee' or 90 Degree turn, the steam makes the transition, but .

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  • MPV AAL Singapore transported two Siemens generators for ...

    Jul 02, 2020· The 'mega-size' heavy lift multipurpose vessel (MPV), AAL Singapore, transported two Siemens generators with a combined weight of almost 700mt for two separate gas-fired power plants in Europe and Iraq that will help to generate a total clean energy output of 1,680 MW. Global project heavy lift carrier AAL has recently delivered two Siemens 'S-Gen' generators, weighing close to 350 mt ...

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  • GasLog Ltd. Reports Financial Results for the Three-Month ...

    Nov 06, 2019· A key focus for GasLog is to enhance the earnings and cash flow visibility of our tri-fuel diesel electric ("TFDE") and steam turbine propulsion ("Steam") vessels. I am therefore pleased to report that we signed a ten-year charter during the quarter for one of our TFDEs to act as an FSU for a power project being developed in Panama.

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  • Sotirios Karamesinis - Marine Assurance Superintendent ...

    During my career as a Deck Officer I have sailed on different type of ships as Tankers (clean products and VLCC's), and for the last 12 years on LNG carriers (Steam Turbine and TFDEs). Especially as Chief Officer I have four years of experience on Tri Fuel Diesel Electric Propulsion LNG carriers (TFDEs 170's & 155's) equipped with Re ...

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  • LNG Shipping Economics | Seeking Alpha

    Nov 21, 2018· For transporting one MMBtu unit, the modern vessels can charge over 50% more than a 10-year old steam turbine boat. Even though the expenses for .

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  • Drewry: LNG Spot Charter Rates Hit Peak despite Low ...

    Aug 10, 2018· An old (30 year plus) steam turbine vessel can use as much as 215 tonnes of bunker fuel per day, while the average consumption of more modern steam turbine vessels is around 170 tonnes per day. On the other hand, modern DFDE LNG vessels burn only 140 tonnes of bunker, reducing the cost of bunker substantially.

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  • GasLog: "Stable" y-o-y performance in Q2 | Shipping Herald

    GasLog paid the declared dividend to the transfer agent on July 1, 2020. On August 4, 2020, the board of directors declared a quarterly cash dividend of $0.05 per common share, or $4.0 million in the aggregate, payable on August 27, 2020 to shareholders of record as of August 17, 2020. Impairment Loss on Vessels

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  • Qatar LNG vessel orders to take up shipyard capacity - ME ...

    And the firm may wish to replace some of its older vessels with steam turbine propulsions, Gurvin said. Risk of LNG shipping market being "overbuilt" wanes. Long-term charter agreements have now been secured for much of the LNG vessel orderbook, reducing the risk of the LNG shipping market being "overbuilt" in the early 2020s, delegates heard.

    Get price
  • GasLog Ltd. Reports Financial Results for the Three-Month ...

    Nov 06, 2019· A key focus for GasLog is to enhance the earnings and cash flow visibility of our tri-fuel diesel electric ("TFDE") and steam turbine propulsion ("Steam") vessels.

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  • Pressure vessel - Wikipedia

    Theoretically, a spherical pressure vessel has approximately twice the strength of a cylindrical pressure vessel with the same wall thickness, and is the ideal shape to hold internal pressure. However, a spherical shape is difficult to manufacture, and therefore more expensive, so most pressure vessels are cylindrical with 2:1 semi-elliptical heads or end caps on each end.

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  • Drewry: LNG Shipping Rates Rise as Sanctions Hit Vessel ...

    Oct 15, 2019· Therefore, we project TFDE rates for a 170,000 cbm vessel to breach the USD 200,000 pd mark in the short term, while steam turbine rates will cross the USD 100,000 pd mark." High demand and tight vessel availability is expected to keep shipping rates high in the range of USD 150,000 pd – USD 200,000 pd in the fourth quarter of 2019, Drewry ...

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  • How do steam turbines work? - Explain that Stuff

    Nov 25, 2019· Steam turbines use high-pressure steam to turn electricity generators at incredibly high speeds, so they rotate much faster than either wind or water turbines. (A typical power plant steam turbine rotates at 1800–3600 rpm—about 100–200 times faster than the blades spin on a typical wind turbine, which needs to use a gearbox to drive a ...

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  • GasLog Ltd (GLOG) Q1 2020 Earnings Call Transcript | The ...

    May 09, 2020· Two of our vessels with steam turbine propulsion fixed new multi-month charters. Our G&A expenses decreased by more than 10% year-on-year. We retired approximately $33 million of .

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  • GasLog Ltd. Reports Financial Results for the Three-Month ...

    As of December 31, 2019, recognized an impairment loss of $162.1 million on its six steam turbine propulsion ("Steam") vessels built in 2006 and 2007, including five GasLog Partners LP ("GasLog Partners" or the "Partnership") vessels and one GasLog directly owned vessel, due to .

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  • 6th February 2020 – Barbados Maritime Ship Registry

    A first-class personal service in all aspects of ship registration. Home; About us. Quality Assurance; Class Societies; Conventions; Useful Links; Registration

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  • GASLOG LTD GASLOG ORD SHS (0U9H.L) interactive stock chart ...

    GasLog (GLOG) delivered earnings and revenue surprises of 120.00% and 6.68%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock ...

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  • GasLog Ltd. Reports Financial Results for the Three-Month ...

    GasLog's consolidated fleet consists of 35 LNG carriers. Of these vessels, 19 (13 on the water and six on order) are owned by GasLog, one has been sold to a subsidiary of Mitsui & Co., Ltd. and leased back by GasLog under a long-term bareboat charter and the remaining 15 LNG carriers are owned by the Company's subsidiary, GasLog Partners.

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  • GasLog Ltd. Reports Financial Results for the Three-Month ...

    A key focus for GasLog is to enhance the earnings and cash flow visibility of our tri-fuel diesel electric ("TFDE") and steam turbine propulsion ("Steam") vessels. I am therefore pleased to report that we signed a ten-year charter during the quarter for one of our TFDEs to act as an FSU for a power project being developed in Panama.

    Get price
  • GasLog Ltd. | UP forum

    GasLog sees rising LNG spot action as a plus for older steam ships. Increasing spot activity is helping provide business for older steam-turbine LNG vessels. GasLog's Orekar to step down; Wogan tapped as new CEO. Current GasLog CEO and Director Paul Wogan is appointed as the new CEO of the partnership, effective Sept. 16. GasLog declares $0.05 ...

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  • GasLog Ltd. Reports Financial Results for the Three-Month ...

    Feb 06, 2020· As of December 31, 2019, recognized an impairment loss of $162.1 million on its six steam turbine propulsion ("Steam") vessels built in 2006 and 2007, • including five GasLog Partners LP ...

    Get price
  • GasLog Partners LP (GLOP) Q3 2019 Earnings Call Transcript ...

    Oct 30, 2019· During the third quarter our drop-down pipeline increased to 14 vessels as our parent charter the GasLog Singapore for 10 years as a floating storage unit. ... our first open steam vessel the ...

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  • 2020 – Page 175 – Barbados Maritime Ship Registry

    Coronavirus could alter supply chains permanently Cargo owners and 3PLs see a return to more local manufacturing as coronavirus shows fragility of just-in-time logistics model Related Stories Teekay Offshore renews fleet after Brookfield merger GasLog takes hit on steam turbine vessels Evalend increases VLCC tally in South Korea Cargo owners ...

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  • Greece set to proceed with first FSRU :: Lloyd's List

    Mar 27, 2020· Greek shipowner, GasLog takes a 20% stake in the project developer for the first floating regasification and storage unit in its home country Greece set to proceed with first FSRU :: Lloyd's List We use cookies to improve your website experience.

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  • GasLog Warns of Volatility In Spot Rates, Lower ...

    Headline spot rates for steam turbine propulsion ("Steam") vessels averaged $40,000 per day in the first quarter of 2020, a decrease from the average of $78,000 per day in the fourth quarter of 2019 but approximately in line with the $39,000 per day observed in the first quarter of 2019. ... On May 11, 2020, GasLog is scheduled to take ...

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  • GasLog Ltd. | UP forum

    GasLog sees rising LNG spot action as a plus for older steam ships. Increasing spot activity is helping provide business for older steam-turbine LNG vessels. GasLog's Orekar to step down; Wogan tapped as new CEO. Current GasLog CEO and Director Paul Wogan is appointed as the new CEO of the partnership, effective Sept. 16. GasLog declares $0.05 ...

    Get price
  • GasLog Ltd. Reports Financial Results for the Three-Month ...

    A key focus for GasLog is to enhance the earnings and cash flow visibility of our tri-fuel diesel electric ("TFDE") and steam turbine propulsion ("Steam") vessels.

    Get price