GasLog Partners LP (NYSE:GLOP) plans to use the net proceeds of $77.06 million from the public offering for future acquisitions, debt repayment, capital expenditures and additions to working capital.
GasLog Partners LP is a Greece-based limited partnership company. The Company focuses on owning, operating, and acquiring liquefied natural gas (LNG) carriers under multi-year charters. The Company's fleet consists of 14 LNG carriers with a total carrying capacity of more than 2 million cubic meters, along with Gaslog Ltd.'s fleet of 25 vessels with a total carrying capacity of more than 4 million cubic meters. The Company's fleet includes 10 TFDE (Tri-Fuel Diesel Electric) vessels and 4 steam vessels. The Gaslog Ltd. fleet includes 7 TFDE vessels, 12 X-DF vessels (vessels with low-pressure two-stroke engines manufactured by WinGD), 4 ME-GI vessels (vessels with Dual-fuel two-stroke engines developed by MAN B&W). and 2 steam vessels.