STAMFORD, Conn., Sept. 2, 2015 /PRNewswire/ -- Dorian LPG Ltd.
(NYSE: LPG) (the "Company" or "Dorian LPG"), a leading owner
and operator of modern Very Large Gas Carriers ("VLGCs"), reported
today that it has taken delivery of the ECO VLGC Commodore
from Hyundai Samho Heavy Industries and the ECO VLGC
Cresques from Daewoo Shipbuilding and Marine Engineering
("DSME"). These will be Dorian LPG's ninth and tenth newbuilding
deliveries and the first of three to be delivered from DSME.
Dorian LPG also announced today that the Cheyenne's
delivery will take place in the calendar fourth quarter, instead of
prior to September 30, 2015 as
previously advised.
About Dorian LPG Ltd.
Dorian LPG is a liquefied petroleum gas shipping company and a
leading owner and operator of modern VLGCs. Including the
newly-delivered Commodore and Cresques, Dorian LPG currently owns
and operates 13 modern VLGCs and one pressurized LPG vessel. In
addition, Dorian LPG has 9 ECO VLGC newbuildings under
construction. Dorian LPG has offices in Connecticut,
USA, London, United Kingdom and Athens, Greece.
Forward-Looking Statements This press release contains
"forward-looking statements." Statements that are predictive in
nature, that depend upon or refer to future events or conditions,
or that include words such as "expects," "anticipates," "intends,"
"plans," "believes," "estimates," "projects," "forecasts," "may,"
"should" and similar expressions are forward-looking statements.
These statements are not historical facts but instead represent
only the Company's belief regarding future results, many of which,
by their nature are inherently uncertain and outside of the
Company's control. Actual results may differ, possibly materially,
from those anticipated in these forward-looking statements. For a
discussion of some of the risks and important factors that could
affect future results, see the discussion in the Company's Annual
Report on Form 10-K, under the heading "Risk Factors." The Company
does not assume any obligation to update the information contained
in this press release.
For further information: Ted
Young; Chief Financial Officer: Tel.: +1 (203) 674-9695
or IR@dorianlpg.com
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SOURCE Dorian LPG Ltd.