Dorian LPG confirms sale of its oldest LPG carrier

Dorian LPG confirms sale of its oldest LPG carrier

Dorian LPG has confirmed the sale of its oldest LPG carrier,  Grendon (5,016 cbm, built 1996), which will allow the NYSE-listed company to focus solely on VLGCs.

Brokers recently reported the fully pressurised vessel was sold to Thailand’s Siam Lucky Marine for $3.75m and has been renamed Senna 5.

Meanwhile, Dorian has taken delivery of Caravelle (84,000 cbm) from Hyundai Samho, which is its nineteenth and final scheduled newbuilding delivery. The VLGC will trade in the Helios LPG Pool.

“With the delivery of the Caravelle and the sale of the Grendon, our fleet is comprised solely of VLGCs and firmly positions us as a leading operator of modern eco-VLGCs focused on providing safe, reliable and trouble-free transportation,” John Hadjipateras, CEO and chairman of Dorian LPG, said in a release.

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.

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