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Stamford, Conn. - June 15, 2015 /PRNewswire/
Dorian LPG Ltd. (NYSE: LPG) (the "Company" or "Dorian LPG"), a leading owner and operator of modern Very Large Gas Carriers ("VLGCs"), reported that today it took delivery of the ECO VLGC Cougar from Hyundai Samho Heavy Industries. Cougar, Dorian LPG's fourth newbuilding delivery, will initially trade in the spot market through the Helios Pool.
The Company is also pleased to announce that it has entered into a three-year time charter for the Corsair and, through the Helios LPG Pool, a one-year time charter for the Cobra, which is expected to deliver at the end of this month. The time charters for the Corsair and Cobra are with two separate oil majors.
About Dorian LPG Ltd.
Dorian LPG is a liquefied petroleum gas shipping company and a leading owner and operator of modern VLGCs. Including the newly-delivered Cougar, Dorian LPG currently owns and operates seven modern VLGCs and one pressurized LPG vessel. In addition, Dorian LPG has 15 ECO VLGC newbuildings under construction. Dorian LPG has offices in Connecticut, USA, London, United Kingdom and Piraeus, Greece.
Dorian LPG Ltd. press release