Dorian LPG Takes 14th VLGC Newbuilding

Connecticut-based owner and operator of liquefied petroleum gas (LPG) carriers Dorian LPG has taken delivery of one more very large gas carrier (VLGC), its fourteenth newbuilding delivery, from South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME).

The 84,000 cbm ECO VLGC was named Cratis, and the new LPG carrier will trade in the Helios LPG Pool. Like its sister ships, the Cratis will sail under the flag of the Bahamas.

With the latest delivery, Dorian LPG now owns and operates a fleet of seventeen VLGCs and one pressurized LPG carrier.

The company has five more 84,000 cbm VLGCs under construction, one more at DSME, one at Hyundai Heavy Industries, and three at Hyundai Samho Heavy Industries.

Three newbuildings are scheduled for delivery throughout 2015, with the remaining two expected in 2016.

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