Dynagas LNG Partners LP declared a quarterly cash distribution of $0.05 per common unit for the quarter ended September 30, 2026. It is payable on or about November 20, 2026, to common unitholders of record November 13, 2026. The board retains discretion over distributions, which depend on operating results, financial condition, cash requirements and debt-agreement restrictions.
U.K. regulations will require the partnership, beginning January 1, 2027, to replace certain U.K.-based providers, such as insurers, for the Yenisei River and Lena River, which transport Russian-produced LNG under time charters extending to 2033 and 2034, respectively. The partnership says unavailable or delayed replacement services could disrupt operations, add costs or off-hire, or create charter and debt-covenant risks. Yamal Trade Pte. Ltd., the charterer, accounted for 34.5% of total revenues for the six months ended June 30, 2026.
Dynagas LNG Partners LP scheduled its 2026 Annual Meeting of Limited Partners for November 27, 2026, at 4:00 p.m. local time in Glyfada, Athens, Greece. The Board nominated current Class III Director Dimitris Anagnostopoulos for election to a term ending at the 2029 annual meeting and submitted the appointment of Ernst & Young (Hellas) as independent auditor for the fiscal year ending December 31, 2026, for ratification. The Board fixed October 27, 2026, as the record date. Proposal One requires a plurality of votes represented at the meeting; Proposal Two requires a majority of outstanding units entitled to vote. The partnership agreement limits voting rights on interests above 4.9% of a class or series, subject to stated exceptions.
Dynagas LNG Partners LP declared a cash distribution of $0.5625 per Series A Cumulative Redeemable Perpetual Preferred Unit for August 12, 2026 through November 11, 2026. The distribution is payable November 12, 2026, to holders of record November 4, 2026. Future distributions on the units are payable quarterly in arrears on the 12th day of February, May, August and November, when, as and if declared by the board. This is the 44th sequential distribution since the units began trading on the NYSE. The partnership reported 3,000,000 Series A Preferred Units outstanding as of October 22, 2026.
Dynagas LNG Partners LP (DLNG) announced it has issued a notice and elected to redeem 2,000,000 of its 3,000,000 issued and outstanding 9.00% Series A Cumulative Redeemable Preferred Units on November 12, 2026. The redemption price is $25.00 per unit, payable in cash on that date.
The 1,000,000 units not redeemed will remain outstanding with their rights and preferences under the Partnership Agreement. Since the redemption date is a Series A Distribution Payment Date, there will be no accumulated and unpaid distributions on the units at redemption.
Dynagas LNG Partners LP (DLNG) reports solid first-half 2026 performance from its six-vessel LNG carrier fleet, with voyage revenues of $81.1 million, up 4.4% year over year, and net income of $33.4 million compared with $27.3 million in 2025. Time charter equivalent rate edged up to $69,195 per day, while fleet utilization eased to 95.7% from 99.7% due to off-hire and maintenance.
Interest and finance costs fell to $8.3 million, helped by lower debt and a reduced average interest rate of 5.89%, and operating cash flow increased to $47.5 million. Total other financial liabilities declined to $256.6 million, and partners’ equity rose to $499.6 million. The fleet has an estimated contracted revenue backlog of about $0.7 billion and 100% charter coverage through 2027, with contracted days covering 65% of 2028.
The partnership continues quarterly common unit distributions of $0.05 and Series A preferred distributions of $0.5625 per unit. Management highlights deleveraging and disciplined capital allocation but also details significant geopolitical and sanctions risk, particularly around the long-term Yamal charters, which contributed 36% of cash revenues in the first half of 2026.
Dynagas LNG Partners LP (DLNG) reported solid results for the three and six months ended June 30, 2026, with higher revenue and profit and continued balance-sheet improvement. Quarterly voyage revenues were $41.2 million, up 6.7% from 2025, driven mainly by a higher time-charter rate for the Clean Energy under its new charter with Rio Grande and higher variable hire and EU emissions-related revenues. Quarterly Net Income rose to $16.0 million, a 16.8% increase, and earnings per common unit were $0.39. Adjusted Net Income was $15.8 million and Adjusted EBITDA $27.6 million, essentially flat year-on-year, on fleet utilization of 96.2%.
For the first half of 2026, Net Income reached $33.4 million and Adjusted EBITDA $51.9 million. Net interest and finance costs fell 26.9% year-on-year in the quarter, reflecting lower debt and rates. Cash from operations for the quarter was $21.0 million, and cash stood at $59.5 million with other financial liabilities of $255.2 million. Dynagas declared quarterly cash distributions of $0.5625 per Series A preferred unit and $0.050 per common unit. Contracted revenue backlog is about $0.73 billion with an average remaining term of 4.4 years and time-charter coverage of 100% of estimated available days for 2026 and 2027 and 65% for 2028. The partnership also describes significant exposure to Russian LNG sanctions and notes that one charterer accounted for 34.5% of revenue in the first half of 2026.
Dynagas LNG Partners LP reported that its Board of Directors declared a quarterly cash distribution for the quarter ended June 30, 2026 of $0.050 per common unit. The distribution is payable on August 28, 2026 to common unitholders of record as of August 24, 2026.
The partnership is a master limited partnership owning LNG carriers employed on multi-year charters. Its fleet consists of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters. The information in this report is incorporated by reference into its Form F-3 registration statement.
Dynagas LNG Partners LP has a significant unitholder reported on a Schedule 13G. Thomas W. Herfort, a U.S. citizen, reports beneficial ownership of 1,901,981 common units of Dynagas LNG Partners LP, representing 5.17% of the outstanding class of common units representing limited partnership interests.
Herfort reports sole voting power and sole dispositive power over all 1,901,981 units, with no shared voting or dispositive power. The ownership is reported as passive on a Schedule 13G rather than a control‑oriented Schedule 13D.
Dynagas LNG Partners LP declared a cash distribution of $0.5625 per unit on its Series A Cumulative Redeemable Perpetual Preferred Units for the period from May 12, 2026 to August 11, 2026. The distribution is payable on August 12, 2026 to preferred unitholders of record as of August 5, 2026.
Distributions on the Series A Preferred Units are payable quarterly in arrears on the 12th day of February, May, August and November, when, as and if declared by the board. This is the forty-fourth sequential cash distribution on these units, and there are 3,000,000 Series A Preferred Units outstanding. Dynagas LNG Partners is a master limited partnership that owns and operates six LNG carriers with aggregate carrying capacity of about 914,000 cubic meters, employed on multi-year charters. The communication also contains forward-looking statements about its operations and risks, including charter rates, LNG shipping demand, operating costs, regulation, financing, political conditions and vessel availability.
Dynagas LNG Partners reported solid GAAP results for the three months ended March 31, 2026, with voyage revenues of $39.9M, net income of $17.4M and earnings of $0.43 per common unit, up from $0.28 a year earlier.
Adjusted metrics softened, as Adjusted Net Income fell to $12.4M and Adjusted EBITDA to $24.3M, mainly due to lower cash revenues and higher operating costs from unscheduled repairs, despite fleet utilization of 95.1%. Cash from operating activities increased to $26.5M, lifting cash to $53.0M while debt under sale-and-leaseback facilities declined.
The partnership maintained quarterly common distributions of $0.050 per unit and Series A preferred distributions of $0.5625 per unit. It cites contracted coverage of 99–100% for 2026–2027 and an estimated revenue backlog of about $0.8B, but warns that new E.U. and U.K. Russian LNG sanctions could disrupt two long-term Yamal charters that provided 36% of 2025 revenue and potentially have a material adverse effect if not mitigated.