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Partnership Formation and General Information (Tables) | 12 Months Ended
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Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements |
Vessel Owning Subsidiaries | Vessel Owning Subsidiaries:
Company Name | Country of incorporation/ formation | Vessel Name | Delivery date from shipyard | Delivery date to Partnership | Cbm Capacity
Pegasus Shipholding S.A. (“Pegasus”) | Marshall Islands | Clean Energy | March 2007 | May 2013 | 149,700
Lance Shipping S.A. (“Lance”) | Marshall Islands | Ob River | July 2007 | May 2013 | 149,700
Seacrown Maritime Ltd. (“Seacrown”) | Marshall Islands | Amur River | January 2008 | May 2013 | 149,700
Fareastern Shipping Limited (“Fareastern”) | Malta | Arctic Aurora | July 2013 | June 2014 | 155,000
Navajo Marine Limited (“Navajo”) | Marshall Islands | Yenisei River | July 2013 | September 2014 | 155,000
Solana Holding Ltd. (“Solana”) | Marshall Islands | Lena River | October 2013 | December 2015 | 155,000
Non-Vessel Owning Subsidiaries | Non-Vessel Owning Subsidiaries:
Company Name | Country of incorporation/formation | Purpose of incorporation
Dynagas Equity Holding Limited (“Dynagas Equity”) | Marshall Islands | Holding company that owns all of the outstanding share capital of Arctic LNG Carriers Ltd. (“Arctic LNG”).
Dynagas Operating GP LLC (“Dynagas Operating GP”) | Marshall Islands | Limited Liability Company in which the Partnership holds a 100% membership interest and which has 100% of the Non-Economic General Partner Interest in Dynagas Operating LP.
Dynagas Operating LP (“Dynagas Operating”) | Marshall Islands | Limited partnership in which the Partnership holds a 100% limited partnership interest and which owns 100% of the issued and outstanding share capital of Dynagas Equity.
Dynagas Finance Inc. | Marshall Islands | Wholly owned subsidiary of the Partnership whose activities were limited to the co-issuance of the 2019 Notes discussed under Note 5 and engaging in other activities incidental thereto.
Arctic LNG | Marshall Islands | Wholly owned subsidiary of the Partnership which is directly wholly owned by Dynagas Equity and which owns all of the issued and outstanding share capital of Pegasus, Lance, Seacrown, Fareastern, Navajo, Solana and Dynagas Finance LLC.
Dynagas Finance LLC | Delaware | Wholly owned subsidiary of Arctic LNG and co-borrower of the Partnership’s Term Loan B discussed under Note 5.

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