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Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), yesterday reported its financial results for the three months ended September 30, 2021. Highlights for the Second Quarter Fiscal Year 2022 • Completed the sale of the Captain Markos NL, generating proceeds of $43.4 million net of commission, recognizing a . ....
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Share this article Share this article STAMFORD, Conn., Feb. 2, 2021 /PRNewswire/ Dorian LPG Ltd. (NYSE: LPG) (the Company, Dorian LPG, we, and our ), a leading owner and operator of modern very large gas carriers ( VLGCs ), today reported its financial results for the three months ended December 31, 2020. Key Recent Development Announced that we will commence a tender offer to purchase up to 7.4 million, or about 14.8%, of our common shares at a price of $13.50 per share. Highlights for the Third Quarter Fiscal Year 2021 Revenues of $88.5 million and Time Charter Equivalent ( TCE ) (1) rate for our fleet of $42,298 for the three months ended December 31, 2020, compared to revenues of $85.4 million and TCE rate for our fleet of $43,410 for the three months ended December 31, 2019. ....