In June 2025, GasLog Partners entered into an agreement to sell, subject to customary and other closing conditions, the 145,000-cbm LNG carrier Methane Alison Victoria to an unrelated third party for a gross sale price of approximately $27 million, the company said in its recent second-quarter results report.
This resulted in the reclassification of the vessel as held for sale and the recognition of an impairment loss of $29.1 million as of June 30, 2025.
GasLog Partners said the sale was completed on July 15, 2025.
The firm did not provide further details.
Brokers reported in June that Excelerate purchased Methane Alison Victoria from GasLog Partners.
A spokesman for Excelerate declined to comment on the deal at the time.
VesselsValue data shows that Exclerate renamed the LNG carrier Excelerate Shenandoah.
According to its AIS data provided by VesselsValue, the vessel was located at Qatar Shipyard Technology Solutions in Ras Laffan on Tuesday.
Earlier this year, Exclerate announced its intention to acquire an LNG carrier in 2025.
The LNG carrier is expected to serve its gas supply business in the short term and will be a candidate for the company’s first FSRU conversion.
Excelerate operates ten FSRUs, one of the world’s largest fleets of such vessels, and these units are located worldwide.
In addition to these FSRUs, Excelerate also ordered one 174,000-cbm FSRU at South Korea’s HD Hyundai Heavy Industries in 2022.
It will pay about $332 million for the vessel, and the FSRU is scheduled for delivery in June 2026.
Excelerate also completed its previously announced acquisition of New Fortress Energy’s business in Jamaica for $1.055 billion.
Under the deal, Excelerate has acquired the assets and operations of the Montego Bay LNG terminal, the Old Harbour LNG terminal, and the 150 MW Clarendon combined heat and power plant.
