Dorian LPG Winds Up Newbuilding Deliveries

  • Business & Finance

Nasdaq-listed owner and operator of  Very Large Gas Carriers (VLCC) 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, the company said.

In addition, Dorian LPG announced that 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,” CEO and Chairman John Hadjipateras commented.

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

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