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Dorian LPG Orders $115M VLGC Newbuild, Sells Three Older Tankers as Rates Surge
New York-listed VLGC owner Dorian LPG has ordered one 90,000 cu m dual-fuel VLGC at HD Hyundai for about $115m, scheduled for July 2029 delivery, while selling three older VLGCs for combined proceeds of $256m. The fleet moves come as VLGC earnings surge, with the company fixing 99% of its available days for the quarter ending June 30 at over $68,000 per day and 34% of July days at over $100,000 per day.
Jun 23, 2026 1 source