Dynagas LNG Partners

George Prokopiou invested early with his Dynagas group in FSRU and Arctic-capable LNG tankers and earned high charter revenues, for example by delivering floating terminals to Germany. His fleet also transported Russian Ural oil to Asia and routed ships through the blocked Strait of Hormuz, leading to significantly higher freight rates. Recently an EU exemption was adopted allowing the transport of Russian LNG under contracts concluded before 2022, relieving Dynagas. Prokopiou is continuing a large newbuild programme and is considered one of Greece's richest shipowners. » Altro su wiwo.de

Athens opposed an EU sanctions package that would have banned the transport of Russian LNG by European companies, saying it would “ruin” the shipping company Dynagas owned by George Prokopiou. Dynagas owns 27 LNG tankers, including seven Arc7 vessels specifically built for Russian Arctic LNG; a transport ban could force sales outside the EU and cost around 2,000 jobs. EU states postponed the decision until next week; a continued Greek objection could also affect the dynamics of the oil price cap and Russia’s revenues. » Altro su n-tv.de

Dynagas LNG Partners filed a Form 6‑K signed by CFO Michael Gregos containing the management report on the financial and earnings position and the unaudited interim consolidated financial statements as of June 30, 2025. The data show substantial indebtedness of $5.3 billion and a short-term liquidity ratio of 0.7, indicating possible liquidity strains. No specific additional financial metrics or operational changes were disclosed; the report includes cautionary language on forward-looking statements and refers to other SEC filings for further risk disclosure. » Altro su de.investing.com