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Thursday
November 5, 2026
The Port Journal

Dorian LPG Ltd. Reports Record Earnings on Strong Market Conditions and Ship Resale Profits

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), reported its financial results for the three months ended September 30, 2026. Key Recent Developments • Declared an irregular…

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Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), reported its financial results for the three months ended September 30, 2026.

Key Recent Developments • Declared an irregular cash dividend totaling approximately $53.7 million, or $1.25 per share, to be paid on or about November 24, 2026 to all shareholders of record as of November 9, 2026. • Completed the sale of our 2007-built VLGC Captain John NP and received proceeds net of commission of $77.0 million in October 2026. • Completed the sale of our 2015-built VLGC Clermont and received proceeds net of commission of $90.4 million in October 2026. • Repaid $16.0 million of the 2026 Debt Facility’s revolver in October 2026.

This story was originally published by Hellenic Shipping News. Read the full story at Hellenic Shipping News →

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