The Greek-controlled company said the issue of series A redeemable preference shares is covered by a shelf registration statement.

It gave no details of the amount of money involved, but added it intends to grant underwriters a 30-day option to purchase additional stock.

Net proceeds will go towards “general corporate purposes, which may include making vessel acquisitions or investments,” it said.

TradeWinds reported last week that GasLog aims to extend options for six LNG carrier newbuildings at Samsung Heavy Industries.

The