GasLog Partners LP (the “Partnership”) (NYSE:GLOP), a master limited
partnership focused on owning and operating liquefied natural gas
(“LNG”) carriers, announced the election of three directors at the
Partnership’s annual meeting of limited partners held in New York today.
The elected directors are Robert B. Allardice III as a Class I Director,
Pamela Gibson as a Class II Director and Daniel Bradshaw as a Class III
Director to hold office until the 2016, 2017 and 2018 annual meetings,
respectively.
Limited partners also ratified the appointment of Deloitte LLP as the
Partnership’s independent auditors for the fiscal year ending December
31, 2015.
About GasLog Partners LP
GasLog Partners LP is a growth-oriented master limited partnership
focused on owning, operating and acquiring LNG carriers under long-term
charters. GasLog Partners LP’s fleet consists of five LNG carriers with
an average carrying capacity of 151,000 cbm, each of which has a
multi-year time charter. For more information, please visit the GasLog
Partners LP website at http://www.gaslogmlp.com.
Forward-Looking Statements
All statements in this press release that are not statements of
historical fact are “forward-looking statements” within the meaning of
the U.S. Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements that address activities,
events or developments that the Partnership expects, projects, believes
or anticipates will or may occur in the future, particularly in relation
to the Partnership’s operations, cash flows, financial position,
liquidity and cash available for dividends or distributions, plans,
strategies and business prospects, and changes and trends in the
Partnership’s business and the markets in which it operates. These
statements are based on current expectations of future events. If
underlying assumptions prove inaccurate or unknown risks or
uncertainties materialize, actual results could vary materially from the
Partnership’s expectations and projections. Accordingly, you should not
unduly rely on any forward-looking statements. Factors that might cause
future results and outcomes to differ include:
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LNG shipping market conditions and trends, including spot and
long-term charter rates, ship values, factors affecting supply and
demand of LNG and LNG shipping and technological advancements;
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our ability to enter into time charters with new and existing
customers;
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changes in the ownership of our charterers;
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our customers’ performance of their obligations under our time
charters;
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changing economic conditions and the differing pace of economic
recovery in different regions of the world;
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our future financial condition, liquidity and cash available for
dividends and distributions;
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our ability to obtain financing to fund capital expenditures,
acquisitions and other corporate activities, the ability of our
lenders to meet their funding obligations, and our ability to meet
the restrictive covenants and other obligations under our credit
facilities;
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our ability to enter into shipbuilding contracts for newbuildings
and our expectations about the availability of existing LNG carriers
to purchase, as well as our ability to consummate any such
acquisitions;
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our expectations about the time that it may take to construct and
deliver newbuildings and the useful lives of our ships;
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number of off-hire days, drydocking requirements and insurance
costs; our anticipated general and administrative expenses;
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fluctuations in currencies and interest rates;
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our ability to maximize the use of our ships, including the
re-employment or disposal of ships not under time charter
commitments;
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environmental and regulatory conditions, including changes in laws
and regulations or actions taken by regulatory authorities;
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requirements imposed by classification societies;
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risks inherent in ship operation, including the discharge of
pollutants;
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availability of skilled labor, ship crews and management;
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potential disruption of shipping routes due to accidents, political
events, piracy or acts by terrorists;
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potential liability from future litigation; and
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other risks and uncertainties described in the Partnership’s
Annual Report on Form 20-F filed with the SEC on February 17,
2015. Copies of the Annual Report, as well as subsequent filings,
are available online at http://www.sec.gov.
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The Partnership does not undertake to update any forward-looking
statements as a result of new information or future events or
developments except as may be required by law.
Copyright Business Wire 2015