Dynagas LNG Partners LP Reports Results for the Three Months and Year Ended December 31, 2023
The latter excludes the effect of the realized gain of $6.4 million on the interest rate swap in the fourth quarter of 2023.
- The latter excludes the effect of the realized gain of $6.4 million on the interest rate swap in the fourth quarter of 2023.
- The Partnership additionally recognized in the three months ended December 31, 2023 Other Income of $2.9 million, which represents income from insurance claims.
- During both three-month periods ended December 31, 2023 and 2022, the Partnership’s vessels operated at 100% utilization.
- Adjusted EBITDA (a non-GAAP financial measure) for the three months ended December 31, 2023 was $27.4 million, as compared to $23.6 million for the corresponding period of 2022.