Dorian LPG Ltd. LPG

Company Overview

Dorian LPG Ltd. is an international liquefied petroleum gas (LPG) shipping company specializing in the seaborne transportation of LPG, including propane and butane. The company operates within the global energy logistics and maritime transportation industries and generates revenue primarily through the chartering of very large gas carriers (VLGCs) to energy producers, commodity traders, and petrochemical companies. Its core customers are major oil and gas companies, national oil companies, and large LPG traders engaged in global export and import activities.

Founded in 2013, Dorian LPG was established to build and operate a modern, fuel-efficient VLGC fleet positioned to benefit from the expansion of U.S. LPG exports. The company pursued a fleet renewal strategy from inception, focusing on scale, vessel efficiency, and operational reliability. Since its formation, Dorian LPG has evolved into one of the largest publicly listed independent owners of modern VLGCs, with a strategic emphasis on cost discipline and exposure to global LPG trade flows.