Dorian LPG Winds up Newbuilding Deliveries

Source:World Maritime News
2016.02.29
1189

Nasdaq-listed owner and operator of Very Large Gas Carriers (VLGC) Dorian LPG Ltd. took delivery of its 19th and final scheduled newbuilding.

The ECO VLGC Caravelle was delivered from Hyundai Samho Heavy Industries and will trade in the Helios LPG Pool, according to the company.

Additionally, Dorian LPG announced it recently completed the sale of the Grendon, its 5,000 cubic meter pressurized gas carrier, to unrelated Asian interests.

"With the delivery of the Caravelle and the sale of the Grendon, our fleet is comprised solely of VLGCs and firmly positions us as a leading operator of modern Eco VLGCs focused on providing safe, reliable and trouble-free transportation," commented CEO and Chairman John Hadjipateras.

With the latest delivery, Dorian LPG currently owns and operates 22 modern VLGCs.


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