GasLog Ltd. Announces Election of Directors at 2013 Annual General Meeting of Shareholders
14 Mai 2013 - 10:05PM
Business Wire
GasLog Ltd. (the “Company”) (NYSE: GLOG), an international
owner, operator and manager of liquefied natural gas (“LNG”)
carriers, announced the election of eight directors at the
Company’s annual general meeting of shareholders held in Monaco
today.
The elected directors are Peter G. Livanos, Philip Radziwill,
Bruce L. Blythe, Paul J. Collins, William M. Friedrich, Julian
Metherell, Anthony S. Papadimitriou and Robert D. Somerville. Each
director was elected to hold office for a term ending at the annual
general meeting of shareholders in 2014 and until his successor has
been duly elected and qualified.
Shareholders also approved the appointment of Deloitte
Hadjipavlou, Sofianos & Cambanis S.A. as the Company’s
independent auditors for the fiscal year ending December 31, 2013
and authorized the Company’s board of directors, acting through the
audit and risk committee, to determine the independent auditor
fee.
About GasLog Ltd.
GasLog is an international owner, operator and manager of LNG
carriers. GasLog’s fleet consists of 12 wholly-owned LNG carriers,
including two ships delivered in 2010, two ships delivered in 2013
and eight LNG carriers on order. In addition, GasLog currently has
12 LNG carriers operating under its technical management for third
parties. GasLog’s principal executive offices are at Gildo Pastor
Center, 7 Rue du Gabian, MC 98000, Monaco. GasLog’s website is
http://www.gaslogltd.com.
Forward Looking
Statements
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. 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, technological
advancements and opportunities for the profitable operations 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 the worldwide economic
slowdown; 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 dividend payments and our
ability to make such payments; 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
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; 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. A further list and
description of these risks, uncertainties and other factors can be
found in our Annual Report filed on March 28, 2013. Copies of our
Annual Report, as well as subsequent filings, are available online
at http://www.sec.gov or on request from us. We do not undertake to
update any forward-looking statements as a result of new
information or future events or developments.
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