Market Intelligence
Dorian LPG Orders Three Dual-Fuel VLGCs at Hanwha Ocean for $345 Million
Dorian LPG has agreed to construct three dual-fuel 90,000 cbm gas carriers at Hanwha Ocean for delivery throughout 2030.
Dorian LPG has finalized an order with shipbuilder Hanwha Ocean for the construction of three modern very large gas carriers. The total contract value across the three vessels is approximately $345 million.
Each vessel in the order will have a cargo capacity of 90,000 cbm, feature dual-fuel propulsion, and adhere to Panamax dimensions. Deliveries are scheduled across 2030, with handovers expected in June, September, and December.
Alongside the newbuilding order, the company announced forward chartering estimates and secured a new credit facility to support its ongoing operations.
Source attribution
This report was written by the Global Freight editorial desk based on material published by Hellenic Shipping News Worldwide. It is an original summary and analysis, not a reproduction of the source text. Figures and claims are limited to those present in the source material.
Dorian LPG Ltd. Announces VLGC Newbuilding Contracts, Forward Chartering Estimates, and New Credit FacilityGlobal Freight Briefing
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