27.10.2014 13:45:00
|
GasLog Ltd. Announces Appointment of New Director
GasLog Ltd. ("GasLog” or the "Company”) (NYSE:GLOG) today announced that the Board has appointed Mr. Donald Kintzer as a new independent member of the Board of GasLog effective 27 October, 2014. Donald Kintzer has also been appointed a member of the Audit & Risk Committee of the Company. Mr. Kintzer will remain a member of the Board and Chairman of the Audit Committee of GasLog Partners LP.
Mr. Kintzer was a partner with PricewaterhouseCoopers LLP ("PwC"), having retired in 2008, after an association of over 31 years. From 2005 to 2008, he was the managing partner of PwC’s West Region (US) Advisory practice, including the San Francisco/Silicon Valley market and was a member of PwC’s national leadership team. Mr. Kintzer is a certified public accountant, licensed in California (inactive) and is a member of the American Institute of Certified Public Accountants ("CPAs") and the California Society of CPAs. In addition to serving on the board of GasLog Partners LP, Mr. Kintzer is a member of the board of governors of Lawrence Livermore National Security, LLC and Los Alamos National Security, LLC and is a member of the board of directors of California Bank of Commerce. Mr. Kintzer received an A.B. from Lafayette College and an M.B.A. from Pennsylvania State University. Prior to graduate school, Mr. Kintzer served as an officer in the United States Air Force.
About GasLog
GasLog is an international owner, operator and
manager of liquefied natural gas ("LNG”) carriers. GasLog’s fleet
consists of 20 wholly owned LNG carriers, including 10 ships in
operation and 10 LNG carriers on order, and GasLog has six LNG carriers
operating under its technical management for third parties. GasLog
Partners LP, a master limited partnership formed by GasLog, owns a
further five LNG carriers. GasLog’s principal executive offices are
located at Gildo Pastor Center, 7 Rue du Gabian, MC 98000, Monaco.
GasLog’s website is http://www.gaslogltd.com.
Forward-Looking Statement
This press release contains
"forward-looking statements” as defined in the Private Securities
Litigation Reform Act of 1995. The reader is cautioned not to rely on
these forward-looking statements. All statements, other than statements
of historical facts, that address activities, events or developments
that GasLog expects, projects, believes or anticipates will or may occur
in the future, including, without limitation, future operating or
financial results and future revenues and expenses, future, pending or
recent acquisitions, general market conditions and shipping industry
trends, the financial condition and liquidity, cash available for
distribution, future capital expenditures and drydocking costs and
newbuild vessels and expected delivery dates, are forward looking
statements. 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 our
expectations and projections. Risks and uncertainties include, but are
not limited to, general LNG and LNG shipping market conditions and
trends, including charter rates, ship values, factors affecting supply
and demand of LNG and LNG shipping, technological advancements and
opportunities for the profitable operation of LNG carriers; our ability
to enter into time charters with our existing customers as well as new
customers; our contracted charter revenue; our customers’ performance of
their obligations under our time charters and other contracts; the
effect of volatile economic conditions and the differing pace of
economic recovery in different regions of the world; future operating or
financial results and future revenues and expenses; our future financial
condition and liquidity; our ability to obtain financing to fund capital
expenditures, acquisitions and other corporate activities, funding by
banks of their financial commitments, and our ability to meet our
obligations under our credit facilities; future, pending or recent
acquisitions of ships or other assets; business strategy, areas of
possible expansion and expected capital spending or operating expenses;
our expectations relating to distributions of available cash and our
ability to make such distributions; 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; our expectations about the
time that it may take to construct and deliver newbuildings and the
useful lives of our ships; number of off-hire days, drydocking
requirements and insurance costs; our anticipated general and
administrative expenses; fluctuations in currencies and interest rates;
our ability to maintain long-term relationships with major energy
companies; expiration dates and extensions of our time charters; our
ability to maximize the use of our ships, including the re-employment or
disposal of ships no longer under time charter commitments;
environmental and regulatory conditions, including changes in laws and
regulations or actions taken by regulatory authorities; our continued
compliance with requirements imposed by classification societies; risks
inherent in ship operation, including the discharge of pollutants;
availability of skilled labor, ship crews and management; potential
disruption of shipping routes due to accidents, political events, piracy
or acts by terrorists; and potential liability from future litigation.
For a discussion of some of the risks and important factors that could affect future results, see the discussion in GasLog Ltd.’s Annual Report on Form 20-F for the year ended December 31, 2013 under the caption "Risk Factors”. We do not undertake to update any forward-looking statements as a result of new information or future events or developments. Copies of the Annual Report, as well as subsequent filings, are available online at http://www.sec.gov or on request from us.
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu GasLog Ltd.mehr Nachrichten
Keine Nachrichten verfügbar. |