6-K
GasLog Partners LP (GLOP-PA)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TORULE 13a-16 OR 15d-16 UNDER THE SECURITIES
EXCHANGE ACT OF 1934
For the month of October 2025
Commission File Number 001-36433
GasLog Partners LP
(Translation of registrant’s name into English)
c/o GasLog LNG Services Ltd.
69 Akti Miaouli, 18537
Piraeus, Greece
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F o
The press release issued by GasLog Partners LP on October **** 24, 2025 relating to its results for the three-month period ended September 30, 2025 is attached hereto as Exhibit 99.1.
EXHIBIT LIST
| Exhibit | Description |
|---|---|
| 99.1 | Press Release of GasLog Partners LP dated October 24, 2025 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Date: October 24, 2025 | ||||
|---|---|---|---|---|
| GASLOG PARTNERS LP | ||||
| by | /s/ Paolo Enoizi | |||
| Name: | Paolo Enoizi | |||
| Title: | Chief Executive Officer |
Exhibit 99.1
GasLog Partners LP Reports Financial Resultsfor the Three-Month Period Ended September 30, 2025
Majuro, Marshall Islands, October 24, 2025, GasLog PartnersLP (“GasLog Partners” or the “Partnership”) (NYSE: GLOP-PA, GLOP-PB, GLOP-PC), an international owner and operator of liquefied natural gas (“LNG”) carriers, today reported its financial results for the three-month period ended September 30, 2025.
Recent Developments
Sale of Vessel
In September 2025, GasLog Partners entered into an agreement to sell, subject to customary and other closing conditions, the Methane Jane Elizabeth, a 145,000 cubic meter steam turbine propulsion (“Steam”) LNG carrier built in 2006, to an unrelated third party for a gross sale price of approximately $25.0 million, resulting in the reclassification of the vessel as held for sale and the recognition of an impairment loss of $22.3 million as of September 30, 2025. The sale was completed on October 13, 2025.
GasLog Partners Dividend Declarations
On September 25, 2025, the board of directors of GasLog Partners approved and declared a quarterly cash distribution of $2.93 per common unit to GasLog Ltd. (“GasLog”) that was settled immediately.
Quarterly Financial Results
| ****<br><br>Amounts in thousands of U.S. dollars | For the three months ended | ||||
|---|---|---|---|---|---|
| September 30,<br><br> 2024 | September 30,<br><br> 2025 | ||||
| Revenues | $ | 85,670 | $ | 60,863 | |
| Profit/(loss) for the period | $ | 44,488 | $ | (13,033 | ) |
Revenues were $60.9 million for the quarter ended September 30, 2025 ($85.7 million for the same period in 2024). The decrease of $24.8 million is mainly attributable to the 184 less available days due to the redelivery of the Methane Heather Sally to its owners and the sale of the Methane Alison Victoria in July 2025, the 2024 and 2025 fixtures at lower rates due to the weak market and the 198 idle days in the quarter ended September 30, 2025 (nil idle days for the quarter ended September 30, 2024) .
Loss was $13.0 million for the quarter ended September 30, 2025 (profit of $44.5 million for the same period in 2024). The decrease in profit of $57.5 million is mainly attributable to a) $23.6 million non-cash impairment loss, $22.3 million of which relate to the agreement to sale the Methane Jane Elizabeth, b) a decrease of $8.3 million in non-cash gain on disposal of vessel ($8.2 million non-cash gain on disposal was recognized in the quarter ended September 30, 2024 as a result of the GasLog Santiago sale and leaseback completed on August 27, 2024) and c) a decrease of $24.8 million in revenues, as discussed above.
Unaudited condensed consolidated statements of financial position
(All amounts expressed in thousands of U.S. Dollars)
| December 31, 2024 | September 30, 2025 | |||
|---|---|---|---|---|
| Assets | ||||
| Non-current assets | ||||
| Other non-current assets | 1,482 | 1,197 | ||
| Tangible fixed assets | 1,276,472 | 1,141,071 | ||
| Right-of-use assets | 129,890 | 87,928 | ||
| Total non-current assets | 1,407,844 | 1,230,196 | ||
| Current assets | ||||
| Vessel held for sale | — | 24,133 | ||
| Trade and other receivables | 13,383 | 18,439 | ||
| Inventories | 2,725 | 5,782 | ||
| Due from related parties | 10,408 | 5,301 | ||
| Prepayments and other current assets | 3,986 | 2,875 | ||
| Cash and cash equivalents | 7,771 | 3,292 | ||
| Total current assets | 38,273 | 59,822 | ||
| Total assets | 1,446,117 | 1,290,018 | ||
| Partners’ equity and liabilities | ||||
| Partners’ equity | ||||
| Common unitholders and general partner | 1,016,574 | 888,267 | ||
| Preference unitholders | 280,129 | 279,945 | ||
| Total partners’ equity | 1,296,703 | 1,168,212 | ||
| Current liabilities | ||||
| Trade accounts payable | 7,733 | 9,590 | ||
| Other payables and accruals | 33,784 | 36,894 | ||
| Lease liabilities—current portion | 42,741 | 40,737 | ||
| Total current liabilities | 84,258 | 87,221 | ||
| Non-current liabilities | ||||
| Lease liabilities—non-current portion | 64,852 | 34,351 | ||
| Other non-current liabilities | 304 | 234 | ||
| Total non-current liabilities | 65,156 | 34,585 | ||
| Total partners’ equity and liabilities | 1,446,117 | 1,290,018 |
Unaudited condensed consolidated statements of profit or loss
(All amounts expressed in thousands of U.S. Dollars)
| For the three months ended | For the nine months ended | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| September 30, 2024 | September 30, 2025 | September 30, 2024 | September 30, 2025 | |||||||||
| Revenues | 85,670 | 60,863 | 271,037 | 211,371 | ||||||||
| Voyage expenses and commissions | (1,370 | ) | (4,776 | ) | (4,295 | ) | (15,027 | ) | ||||
| Vessel operating costs | (17,345 | ) | (16,008 | ) | (50,639 | ) | (47,882 | ) | ||||
| Depreciation | (25,801 | ) | (24,790 | ) | (76,167 | ) | (81,032 | ) | ||||
| General and administrative expenses | (3,650 | ) | (3,419 | ) | (12,091 | ) | (10,299 | ) | ||||
| Gain/(loss) on disposal of vessel | 8,196 | (137 | ) | 8,196 | (137 | ) | ||||||
| Impairment loss | — | (23,558 | ) | — | (58,170 | ) | ||||||
| Profit/(loss) from operations | 45,700 | (11,825 | ) | 136,041 | (1,176 | ) | ||||||
| Financial costs | (1,232 | ) | (1,219 | ) | (3,193 | ) | (3,992 | ) | ||||
| Financial income | 20 | 11 | 143 | 63 | ||||||||
| Total other expenses, net | (1,212 | ) | (1,208 | ) | (3,050 | ) | (3,929 | ) | ||||
| Profit/(loss) for the period | 44,488 | (13,033 | ) | 132,991 | (5,105 | ) |