Dorian LPG Ltd.
Dorian LPG Ltd. is a leading liquefied petroleum gas (LPG) shipping company, primarily focused on the ownership and operation of modern Very Large Gas Carriers (VLGCs). Incorporated in the Republic of the Marshall Islands, the company maintains its principal executive offices in Stamford, Connecticut, USA, with additional offices in Copenhagen, Denmark, and Athens, Greece. Its core mission is to arrange safe, reliable, clean, and trouble-free transportation of LPG, upholding a commitment to the highest quality of customer service.
The company's services encompass the international transportation of LPG, including propane and butane, for a global client base that includes major oil companies, energy traders, and industrial consumers. Dorian LPG provides in-house commercial and technical management services for its fleet, which includes vessels deployed in the Helios Pool. The fleet consists of modern VLGCs, featuring ECO-design and dual-fuel ECO vessels, designed for fuel efficiency and environmental performance on long-haul routes.
Led by Chairman, CEO, and President John C. Hadjipateras, Dorian LPG has recently engaged in strategic fleet management and capital return initiatives. In July 2026, the company declared an irregular cash dividend of $1.00 per share and completed the sale of its 2014-built VLGC Corsair. This followed an announcement in June 2026 regarding a new VLGC newbuilding contract and agreements to sell three other VLGCs, reflecting a strategy of asset recycling to fund fleet modernization and shareholder returns. The company maintains a strong market position as a leading VLGC owner and operator, emphasizing safety, operational excellence, and environmental responsibility.
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