It saw its shares go from $30.85 at the opening in New York to as low as $27.95, before ending the day’s trading at $28.23 each.

There was no official announcement from GasLog on Monday which may have prompted the dramatic sell-off.

However, some industry observers suggested that investors may have been spooked by Monday’s announcement of a tie-up between Teekay and BG.

Teekay