LNG

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.

Russian fleet owner Sovcomflot and Sakhalin Energy, operator of the LNG plant in the Russian Far East, signed long-term time-charter contracts for two existing LNG-powered tankers, which will be re-fuelled at the liquefaction and export plant.