Dorian LPG Ltd. LPG

What this company does

Dorian LPG Ltd. is engaged in the transportation of LPG, and Dorian and its subsidiaries own and operate very large gas carriers (VLGCs) in the LPG shipping industry. As of May 22, 2026, the twenty-seven vessels in its fleet, including six time chartered-in vessels, had an aggregate carrying capacity of approximately 2.3 million cbm and an average age of 9.6 years. The company has determined that it operates in one reportable segment, the international transportation of LPG. On April 1, 2015, Dorian and MOL Energia Pte. Ltd., an unaffiliated third party, began operation of Helios LPG Pool LLC, a joint venture owned 50% by Dorian and 50% by MOL Energia. For the years ended March 31, 2026, 2025 and 2024, approximately 99%, 97% and 95% of its revenues, respectively, were generated through the Helios Pool as net pool revenues. As of March 31, 2026, it employed 90 shore-based persons in its offices in the United States, Greece, and Denmark, and had approximately 512 seafaring staff serving on its technically managed vessels. Dorian was incorporated on July 1, 2013 under the laws of the Republic of the Marshall Islands, and is headquartered in the United States.

Written from the business description in DORIAN LPG LTD.'s annual report to the U.S. Securities and Exchange Commission, filed 27 May 2026. Every sentence was checked against that document before publication.