Sunday, December 09, 2012 12:30:36 PM
This company manages ships for other owners, and owns 2 of their own, plus 25% of another. The 6 of their 8 new fuel efficient ships will be delivered in 2013. The fuel efficency can save $35,000/day @ $605 / ton fuel cost.
I have a core position not for sale anytime soon, and am buying 5% dips and selling 5% Runs with another block of shares to reduce my cost basis in my core position. (trading around a core position strategy)
http://www.gaslogltd.com/about-us/fleet-list
http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9MTQzNjUxfENoaWxkSUQ9LTF8VHlwZT0z&t=1
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