Dorian LPG: Locking In The Hormuz Windfall By Selling Ships At The Top Dorian LPG (LPG) is transfor...

Dorian LPG: Locking In The Hormuz Windfall By Selling Ships At The Top Dorian LPG (LPG) is transforming a freight-rate windfall into lasting value by selling older vessels, consolidating debt, and ordering strategically designed newbuilds. LPG's record TCE rates, asset sales, and disciplined capital allocation have driven strong earnings, a robust balance sheet, and generous irregular dividends. The company's new Panamax dual-fuel orders target persistent canal congestion, positioning LPG to benefit from evolving trade patterns and longer-haul U.S. Gulf exports.