Dorian LPG joins VLAC bandwagon with debut order

The vessel is anticipated to be delivered in the third quarter of 2026, and Dorian has already made first installment payment of $23.8 million in January 2024.

“We placed an order to build a new VLGC/AC as we believe in the long-term fundamentals in the LPG market and the potential for ammonia transportation. With the geopolitical environment remaining very challenging, as highlighted by recent hostilities in the Red Sea, we are particularly mindful of the safety of our seafarers.” John C. Hadjipateras, CEO of Dorian LPG said.

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