Dynagas LNG Partners FY26 Q2 net income rises 16.8% to USD 16 million; voyage revenues increase 6.7% to USD 41.19 million - DLNG News | RalliesDynagas LNG Partners FY26 Q2 net income rises 16.8% to USD 16 million; voyage revenues increase 6.7% to USD 41.19 million
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DLNG• Quarterly results and revenue
- Dynagas LNG Partners posted Q2 GAAP net income of USD 15.96 million, up 16.8% from a year earlier; EPS rose to USD 0.39.
- Voyage revenues increased 6.7% to USD 41.19 million; fleet utilization eased to 96.2% from 99.4%.
Costs, charter activity and backlog
- Net interest and finance costs fell 26.9% to USD 3.84 million on lower debt and rates; vessel operating expenses climbed to USD 8.91 million.
- Clean Energy began a new time charter with Rio Grande in April; management cited improved rates, despite 20.5 off-hire days.
- Estimated contracted revenue backlog totaled USD 0.73 billion; time-charter coverage pegged at 100% for 2026-27, 65% for 2028.
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