Dorian LPG Orders 90,000 cbm VLGC from HD Hyundai

$115 million. In addition, Dorian LPG has signed memorandums of agreement to sell three VLGCs built in 2014 and 2015, with expected proceeds of around $256 million. Delivery of these vessels to their purchasers is anticipated by the fourth quarter of 2026, though completion is not guaranteed. Dorian reported that it has fixed 99% of its calendar days for the quarter ending June 30, 2026, at rates exceeding $68,000 per day. The company also fixed 34% of calendar days for July 2026 at rates above $100,000 per day. The newbuilding supports Dorian's fleet renewal and expansion strategy amid positive LPG transportation market prospects.