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Dorian LPG Ltd LPG

Dorian LPG Ltd. is a liquefied petroleum gas (LPG) shipping company. The Company and its subsidiaries are focused on owning and operating very large gas carriers (VLGCs) in the LPG shipping industry. The Company’s fleet consists of 25 VLGCs, including one dual-fuel 84,000 cubic meters (cbm) ECO-design VLGC (Dual-fuel ECO VLGC), 19 fuel-efficient 84,000 cbm ECO-design VLGCs (ECO VLGCs), one 82,000 cbm modern VLGC, two time chartered-in dual fuel Panamax size VLGCs, and two time chartered-in ECO VLGCs. It provides in-house commercial and technical management services for all of its vessels. Thirteen of its ECO VLGCs, including one of its time-chartered-in ECO-VLGCs, are fitted with exhaust gas cleaning systems to reduce sulfur emissions. Its subsidiaries include Dorian LPG Management Corp., Dorian LPG Finance LLC, Dorian LPG (UK) Ltd, Occident River Trading Limited, Dorian LPG Chartering LLC, CJNP LPG Transport LLC, Commander LPG Transport LLC and others.


NYSE:LPG - Post by User

Bullboard Posts
Post by ok2buyon Oct 21, 2016 5:04pm
236 Views
Post# 25372869

An Opinion

An OpinionBought over the last couple days here. New to the stock. I like what I see. Been beaten up lately. Wished they paid a dividend, but maybe better that they don't. I like their fleet. With the exception of their couple oldest ships, the rest are all pretty much new and state of the art LPG carriers. Watching this closely to see where it goes. May continue to accumulate on the dips. Seems to be well cashed up versus some of the other tanker companies. I don't believe the LPG trasnsport market is as saturated as the oil tanker market is./ok2
Bullboard Posts