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Dorian LPG Ltd Reports Lower First Quarter Results on Weaker Market Conditions

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), reported its financial results for the three months and fiscal year ended March 31, 2022. Highlights for the Fourth Quarter Ended March 31, 2022 Revenues of $79.6 million. Time charter equivalent (“TCE”)(1) per operating day rate for our fleet of .

Dorian LPG Ltd Announces Fourth Quarter and Full Fiscal Year 2022 Financial Results

2022-05-26 | NYSE:LPG | Press Release | Dorian LPG Ltd

Dorian LPG Ltd Announces Completion of Japanese Financing Transactions for 2 2015-built VLGCs and Sale of its 2008-built VLGC Captain Nicholas ML

Dorian LPG Ltd., a leading owner and operator of modern and ECO very large gas carriers (“VLGCs”), announced that on March 18, 2022, it completed two $70 million sale and bareboat charter arrangements with the same counterparty for its 2015-built VLGCs Cratis and Copernicus. The Japanese financing transactions resulted in cash proceeds totaling $100 million, .

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