Dorian LPG Orders Three Dual-Fuel Panamax VLGCs From Hanwha Ocean
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Dorian LPG announces VLGC Newbuilding Contracts, Forward Chartering Estimates, and New Credit Facility - Cyprus Shipping News
Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), announced that it entered into an agreement with Hanwha Ocean to build three 90,000 cbm dual-fuel Panamax VLGCs for delivery in June, September, and December of 2030 for a total price of approximately $345 million. The new VLGCs feature dual-fuel
Dorian LPG orders three dual-fuel Panamax VLGCs from Hanwha Ocean
Dorian LPG has agreed an order with South Korean shipbuilder Hanwha Ocean for the construction of three 90,000m³ dual-fuel Panamax very large gas carriers (VLGCs) for a total price of around $345m (Won463.5bn). The three ships are scheduled for delivery in June, September and December 2030. Each…
Dorian LPG, owned by John Hadjipateras, is moving forward with a new investment of 345 million dollars, with the order of three dual-fuel Panamax VLGCs from South Korea's Hanwha Ocean. The ships, with a capacity of 90,000… Dorian LPG: Investment of 345 million dollars for three new VLGCs from Hanwha Ocean - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ
Dorian adds financing firepower after confirming Hanwha VLGC trio
Dorian LPG has secured a new $368.4m seven-year financing, consolidating four existing financing arrangements as the US-listed gas carrier owner pushes ahead with a new generation of VLGCs. The John Hadjipateras-led company has arranged a $213.4m term loan and $155.1m revolving facility priced at 140 basis points over SOFR. Dorian will draw $193.8m at closing, …
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