But, after all is said and done President trump was probably the biggest gainer overall, gleefully mocking the Bloomberg as “stumbling, bumbling and grossly incompetent” in an early tweet:
“Mini Mike Bloomberg’s debate performance tonight was perhaps the worst in the history of debates, and there have been some really bad ones. He was stumbling, bumbling and grossly incompetent.”
“Well, I saw the person who won the debate last night whose name is Donald Trump,” Steyer said.
February 20, 020. Sell DLNG-B (DLNGPRB) The LNG market is collapsing and we want to dump the DLNG preferred–see below. The price is heading down but we have received dividends, so the Total Return is slightly positive. Sounding like a broken record, but you have to be alert, as the coronavirus problem gets worse.
All eyes are currently on China, as the Asian giant has accounted for 40% of the global growth in LNG demand since 2015. Strategies were decided on demand projections for China to exceed 82 million tons per year by 2023. The same was expected, at lower volumes, for India and possibly other areas in Asia and even Europe. The current slump and the coronavirus effect has put all in doubt. A main concern will be that the LNG glut spirals out of control, pushing major operators over the edge too.
Dynagas LNG Partners LP, through its subsidiaries, operates in the seaborne transportation industry worldwide. The company owns and operates liquefied natural gas (LNG) carriers. As of April 30, 2019, its fleet consisted of six LNG carriers with an aggregate carrying capacity of approximately 914,000 cubic meters. Dynagas GP LLC serves as the general partner of Dynagas LNG Partners LP. The company was founded in 2013 and is headquartered in Monaco.