GasLog tightens Q2 loss

By Adnan Bajic Greece-based LNG shipping company GasLog tightened its losses in the second quarter of the year.

Courtesy of GasLog

The shipper reported a loss of $21.3 million for the quarter ending June 30, 2020, which compares to a net loss of $26 million reported in the corresponding quarter in 2019.

The company noted that the decrease in loss resulted from the decrease in profit attributable to the non-controlling interests.

GasLog’s CEP Paul Wogan said, “despite the current challenges in our operating and commercial environment we achieved stable year on year performance in the second quarter of 2020 and delivered close to 100 per

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