LPG News & Events

Dorian LPG announced that its Board of Directors has declared an irregular cash dividend of $1.00 per share of the company's common stock, returning approximately $42.8M of capital to shareholders. The irregular dividend is payable on or about May 28 to all shareholders of record as of the close of business on May 18.

Dorian LPG reported estimates for its fleet for the quarter ending March 31, 2026. Estimates that it has fixed 99% of its calendar days at a rate in excess of $58K per day.

Dorian LPG announced the delivery of its 93,000 cubic meter dual-fuel newbuilding named "Areion" an LPG and ammonia very large gas carrier from Hanwha Ocean Heavy Industries Co., Ltd. at the Okpo Shipyard in South Korea. The "Areion" will commence employment on charter under the Helios LPG Pool, an entity jointly controlled by Dorian LPG Ltd and MOL Energia Pte Ltd., with offices in Copenhagen and Singapore. "Areion", in Greek Mythology, is the name given to a black-maned horse known for its extraordinary speed, spoken wisdom, and significant powers. This is the second wholly owned LPG dual-fuel ship being added to Dorian's fleet along with the four chartered-in LPG dual-fuel ships raising the percentage of low emissions alternative fuel ships to over 20% of its fleet.