GasLog and Shell have forged a deal that will keep an LNG carrier tied up year-round, ending the ship's annual return to the spot market.

The 155,000-cbm GasLog Skagen (Built 2013) had been on a seasonal charter with BG until 2021 that left it available for to other charterers for five months of the year.

GasLog Skagen

Owner: GasLog

Built: 2013 at Samsung Heavy Industries

Capacity: 155,000 cbm

Flag: Bermuda

Class: American Bureau of Shipping

Insurance: UK P&I CLub

With Shell now in the driver's seat after swallowing up BG last year, the new charter will put the vessel on continuous charter until August 2019.