GasLog Partners is a Marshall Islands limited partnership that owns and operates a fleet of LNG carriers, transporting liquefied natural gas for major energy companies under time charter contracts. As of early 2026, the Partnership operates 11 LNG carriers — 8 wholly owned and 3 held under sale-leaseback (bareboat) arrangements — with capacities ranging from 145,000 to 174,000 cbm. Ten vessels use TFDE (Tri-Fuel Diesel Electric) propulsion technology, and one is an older steam-powered vessel. GasLog Partners earns revenue through time charters, where charterers pay a fixed daily hire rate while the Partnership covers crewing and maintenance costs and charterers cover voyage costs like fuel and port fees. The fleet is split between long-term charters (over 3 years, covering 5 vessels) and short-term or spot market charters (under 3 years, covering 6 vessels). Shell is the largest customer, accounting for 55% of FY25 revenues. GasLog Partners does not employ staff directly — all commercial, technical, and operational management is handled by its parent, GasLog, for which GasLog Partners pays management and administrative fees. Originally formed as a public MLP and listed on the NYSE under "GLOP," the Partnership was taken private by GasLog in July 2023. Its Series A, B, and C Preference Units remain publicly listed on the NYSE, making it primarily a vehicle for preferred unitholders. Without access to public equity markets, GasLog Partners cannot independently fund fleet growth, and the fleet is expected to shrink over time as vessels age and are not replaced.