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DLNG - Dynagas LNG Partners: 2018 Full Year Report
Dynagas LNG Partners LP
Highlights from Fourth Quarter 2018 results
On Thursday 21 March, Dynagas LNG Partners (DLNG) finally released their 4th Quarter 2019. I am not sure why it takes nearly three full months for them to come out with the report, bearing in mind the small size of the company. Anyway, let us look at what we can learn from it.
The average time charter earnings of the six ships, for the last quarter, was about $57,500 per day per vessel. They managed to achieve 100% utilization rate, and their operating expenses came in at