Dynagas LNG Partners reported yet another profitable quarter on Tuesday, on the back of the steady, long-term employment of its six LNG carriers.
Net income at the US-listed company, the biggest shareholder of which is Greece’s Procopiou family, stood at $10.7m in the second quarter, down 26% year on year.
The decline is due to costs and an interest rate swap associated with a big debt repayment earlier this year.
