Dorian LPG Adds Fifth VLGC Newbuilding

NYSE-listed liquefied petroleum gas shipping company Dorian LPG has taken delivery of one very large gas carrier (VLGC), the company’s fifth newbuilding delivery.

The ECO VLGC Concorde, built by South Korea’s Hyundai Samho Heavy Industries, will initially trade in the spot market through the Helios LPG Pool.

The Concorde has the capacity to carry 84,000 cbm of LPG, and will fly under the flag of the Bahamas.

Including the newly-delivered Concorde, Dorian LPG currently owns and operates eight VLGCs and one pressurized LPG vessel.

In addition, Dorian LPG has 14 ECO VLGC newbuildings under construction.