Dorian LPG's revenue drops in strained gas market

Gas carrier Dorian LPG's revenue as well as bottom line declined in the fiscal year 2020/2021. The combination of lower freight volumes and a surge in new vessels hitting the market creates challenges, but the company is in its "best position ever," says CEO in the report.
Photo: PR / Dorian LPG
Photo: PR / Dorian LPG

New York-based gas carrier Dorian LPG exits fiscal year 2020/21 with a drop on both the top and bottom line. And market conditions look set to remain under pressure in the coming year as well.

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