Dorian LPG Declares Option to Build Additional VLGCs

Dorian LPG Ltd. has declared its options to construct three additional VLGCs at Hyundai Heavy Industries Co., Ltd. (HHI) in South Korea.

The three additional VLGC’s will be similar to the initial fuel-efficient VLGC newbuildings ordered at HHI in April 2013. The Company expects to take delivery of the three VLGCs in the second, third and fourth quarters of 2015, respectively.

The Company also said that it has entered into five-year time charters for two of its VLGCs. The charters are expected to commence during the third and fourth quarters of 2014.

Dorian LPG, February 25, 2014

Share this article

Follow World Maritime News

In Depth>

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

Eastern Mediterranean Offshore Conference and Exhibition (EMC) 2020

EMC 2020 conference will arm delegates with technical and commercial knowledge to capitalise…

read more >

2nd GREENTECH IN SHIPPING GLOBAL FORUM

Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >