Dorian sees rising order book cast shadows over gas tank

The gas shipping company almost doubled its revenue in the third quarter, with more work for its large VLGC gas carriers.
The order book for new gas carriers currently stands at 18% of the existing global fleet - and as many as 68 new large vessels are expected to be delivered by 2027. | Photo: Dorian Lpg / Pr
The order book for new gas carriers currently stands at 18% of the existing global fleet - and as many as 68 new large vessels are expected to be delivered by 2027. | Photo: Dorian Lpg / Pr

New York-listed Dorian LPG is benefiting from rising spot rates, longer liquefied petroleum gas voyages and lower bunker prices.

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