Dynagas LNG Partners increases annual net income from ships carrying mostly Russian LNG cargoes
Dynagas LNG Partners, the owner of six liquefied natural gas carriers and mostly involved in Russian cargo liftings, reported an increase in net income for 2022.
Dynagas LNG Partners describes how three of Gazprom-chartered ships now controlled by German government
Dynagas LNG Partners, the owner of six LNG carriers and mostly involved in Russian cargo liftings, has confirmed in its latest earnings report that three of its carrier charters are now controlled by the German government because they were under contract to Russian natural gas company Gazprom.
Greek shipowner Dynagas LNG Partners posts profit rise as finance costs fall for fleet amid firm charters
Dynagas LNG Partners, the small Greek LNG fleet owner with mostly ice-class vessels, reported a 42 percent increase in second-quarter net income, mainly attributable to a decrease in financing costs as all ships remained chartered for the next seven years on average and fleet growth was a possibility.
Scheduled LNG cargoes
Oct 10 (LNGJ) - The 177,000 cubic metres capacity carrier “Spirit of Hela” was unloading a cargo on October 10 at the Chinese Qingdao terminal owned by Sinopec from the Oceania nation of Papua New Guinea whose export plant is operated by ExxonMobil. The 75,500 cubic metres capacity Med-Class carrier “Cheikh Bouamama” will deliver a shipment on October 12 to the Cartagena terminal in southeast Spain from the Skikda plant in Algeria operated by Sonatrach. The 210,100 cubic metres capacity vessel “Al Ruwais” will deliver a shipment on October 14 to the Port Qasim facilities in Pakistan from the Ras Laffan plant in Qatar.
The 141,000 cubic metres capacity vessel “LNG Akwa Ibom” will unload a cargo on October 15 at the Indian Dahej terminal near Mumbai from the Bonny island plant in Nigeria. The 176,300 cubic metres capacity carrier “Rioja Knutsun” will deliver a US shipment on October 16 to the Huelva terminal in southwest Spain from the Sabine Pass plant in Louisiana, owned by Cheniere Energy. The 177,000 cubic metres capacity vessel “LNG Lagos II” will deliver a Nigerian cargo on October 17 to the Marmara Ereglisi terminal in Turkey.
The 210,000 cubic metres capacity Q-Flex carrier “Al Nuaman” is scheduled to deliver a Qatargas cargo on October 20 to the Belgian Zeebrugge terminal. The 150,000 cubic metres capacity carrier “Ob River” will unload a shipment on October 20 at the Japanese Mitzushima terminal owned by Nippon Oil from the Russian Sakhalin Island plant.
CEO of Dynagas LNG fleet blames 55 percent plunge in annual profits on short-term issues
Dynagas LNG Partners, the US-listed owner of six modern LNG carriers chartered to companies such as Russia’s Gazprom, posted a 55 percent plunge in annual revenue, with the Chief Executive saying the slump was only short term.
Dynagas LNG posts net quarterly loss because of increased expenses for fleet of six vessels
Dynagas LNG Partners, the Greek-owned carrier operator with six vessels, posted first-quarter operating income of $8.7 million and a net loss $5.2M amid extra expenses for a scheduled class survey and dry-dock costs for the company’s three steam turbine-powered vessels.
Greek LNG carrier fleet owner Dynagas manages to complete $480M US loan deal
The US-listed partnership subsidiary of the Greek LNG carrier fleet owner Dynagas managed to successfully complete a $480-million loan transaction linked to its contracts for Ice-Class vessels chartered to Russian natural gas giant Gazprom.
