New York-listed Dynagas LNG Partners reported a 64% fall in profit for the fourth quarter in great part due to lower revenue and higher interest expenses on a loan.
The Monaco-based LNG shipowner posted net income of $5.6m for the quarter, down from profit of $15.5m a year earlier.
Those earnings translated into earnings per share (EPS) of $0.11 compared to EPS of $0.39,
