LPG news

Dorian LPG announced an irregular cash dividend of $1.25 per share, returning approximately $53.7 million to shareholders. The company also set the date for its Q2 2027 earnings conference call.

The shipping company ordered three newbuild vessels and entered a $368.4 million credit facility to refinance existing debt, reflecting its long-term strategy, while maintaining a high charter rate.

Dorian LPG reported record Q1 FY2027 results with net income of $138.3M, driven by high freight rates due to geopolitical disruptions. The company declared a $42.8M dividend, completed vessel sales, and ordered a new dual-fuel VLGC.

Dorian LPG declared an irregular $1.00 per share dividend returning $42.8 million to shareholders and completed the sale of the VLGC Corsair for $81.8 million, significantly improving capital returns.

Dorian LPG Ltd. reported fourth quarter net income of $81.0 million with TCE rates of $63,615 per available day, while declaring an irregular $1.00 per share cash dividend totaling $42.8 million. The company completed the sale of VLGC Cobra for $81.9 million and took delivery of dual-fuel newbuildin…