- The Russia-Ukraine war has not only put Russian companies on their knees, but it's also affecting any business that is/was relying on Russian clients/revenues.
- Dynagas LNG Partners LP went through some rough time in recent years, but since it reached a refinancing deal back in 2019, the partnership has made good progress.
- Although there was still a long way until the company would be released off the refinancing deal's chains, 2024 could be the light-year at the end of a five-year tunnel.
- However, the recent events are tightening the chains over DLNG's wrists, PUTIN-g the recovery at risk. With five out of its six-vessel fleet chartered to Russian entities/operations DLNG is facing a new, major, challenge.
- Does the clearly higher risk worth the greater potential reward? We believe that the answer is yes. It could get tricky, no doubt, but one way or another - DLNG can and should come out of this clean/er.
For further details see:
Dynagas LNG Partners: With Less Power Comes Great Opportunity