GasLog Ltd. (GLOG) is a well-managed shipping company with strong insider support, a good management team, and ultra-modern assets. The GasLog family, which includes daughter entity GasLog Partners (GLOP), is well positioned with a $4Bn+ backlog secured by long-term contracts. Admittedly, the GasLog brand is not going through its best phase at the moment. It has been tarnished due to the following:
- GLOP's 78% distribution cut in order to strengthen its balance sheet, saving $84M and lowering the cash flow breakeven rates across its fleet (since then, GLOP's unit price has