Dorian LPG entered into a new seven-year $368.4 million credit facility to refinance existing indebtedness, comprising a $213.4 million term loan and a $155.1 million revolving credit facility with an accordion option of up to $200 million. The company also contracted Hanwha Ocean for three 90,000 cbm dual-fuel Panamax VLGCs at a total price of approximately $345 million, scheduled for delivery in June, September, and December 2030. Additionally, the firm reported forward chartering estimates for the quarter ending September 30, 2026, indicating that it has fixed 99% of its calendar days at a rate exceeding $88,000 per day. Dorian LPG is a leading owner and operator of modern very large gas carriers (VLGCs) that transport liquefied petroleum gas globally.

Dorian LPG Ltd. reported first quarter fiscal year 2027 financial results for the period ended June 30, 2026. The company generated revenues of $187.9 million and net income of $138.3 million, or $3.24 per diluted share, compared to $10.1 million in the prior year period. Time charter equivalent rates rose 91.1% to $75,926 per available day. The company declared an irregular cash dividend of $1.00 per share, totaling approximately $42.8 million, payable on or about August 12, 2026 to shareholders of record as of July 27, 2026. Dorian LPG also completed the sales of VLGCs Corsair and Constellation for net proceeds of $80.8 million and $85.6 million respectively, and ordered a new dual-fuel Panamax VLGC from HD Hyundai Heavy Industries. The company operates in the maritime shipping industry, specifically owning and operating very large gas carriers.

Dorian LPG Ltd. declared an irregular cash dividend of $1.00 per share, returning approximately $42.8 million to shareholders. The dividend is payable on or about August 12, 2026, to shareholders of record as of July 27, 2026. Additionally, the company completed the sale of its 2014-built VLGC, Corsair, on July 8, 2026, for net proceeds of approximately $81.8 million. Dorian LPG Ltd. is an owner and operator of very large gas carriers (VLGCs) that transport liquefied petroleum gas globally.

Dorian LPG Ltd. announced a VLGC newbuilding contract and several memorandums of agreement to sell three VLGCs on June 2Shi, 2026. The company also provided an update on fleet estimates for the quarter ending June 30, 2026. Dorian LPG Ltd. operates in the maritime shipping industry, specifically focusing on the transportation of liquefied petroleum gas (liquefied petroleum gas).