Dorian LPG Ltd. Announces Forward Chartering Estimates for Quarter Ending March 31, 2026 Mar 26, 2026 6:00 AM Eastern Daylight Time STAMFORD, Conn.--(BUSINESS WIRE)--Dorian LPG Ltd. (NYSE: LPG) (the "Company" or "Dorian LPG"), one of the world's largest owners and operators of modern and ECO very large gas carriers ("VLGCs†) reports the following estimates for its fleet for the quarter ending March 31, 2026, based on the close of business today. The Company estimates that it has fixed 99% of its calendar ...

Core Insights - Dorian LPG Ltd. has taken delivery of a new dual-fuel very large gas carrier (VLGC) named "Areion," which can operate on both LPG and ammonia, enhancing the company's fleet capabilities and emissions profile [1][2][3] Fleet Expansion - The addition of "Areion" marks the second wholly owned LPG dual-fuel ship in Dorian's fleet, increasing the proportion of low emissions alternative fuel ships to over 20% [2] Environmental Technology - "Areion" is equipped with a hybrid scrubber that reduces emissions of sulphur oxides, particulate matter, and CO2 by approximately 20% compared to traditional fuels [3] - The ship features Alternative Marine Power (AMP) equipment for emission-free port operations and is ready for a Battery Energy Storage System (BESS) to optimize onboard power management [4] Financial Aspects - Concurrent with the delivery of "Areion," Dorian LPG secured a loan of $62.9 million from Citibank and Nordea to finance the delivery payment and associated costs [5][6]

Group 1 - The company BW LPG Limited announced that its shares will be traded ex-dividend on the Oslo Stock Exchange starting today and on the New York Stock Exchange from 13 March 2026 [1] - BW LPG is recognized as the world's leading owner and operator of LPG vessels, boasting a fleet of approximately 50 Very Large Gas Carriers (VLGCs) [1]

Core Insights - Certain primary insiders of BW LPG Limited sold shares in the market between 5 March and 6 March 2026 [1] Group 1: Insider Transactions - Kristian Sorensen, the Chief Executive Officer, exercised options and received 220,647 shares on 4 March 2026 [1] - Out of the shares received, 207,647 shares were sold between 5 March and 6 March 2026 [1] - The average price at which the shares were sold was NOK 167.2492 per share [1]

Group 1: Management Share Option Plan - BW LPG Limited's Board of Directors approved the award of share options to senior management and certain employees as part of the LTIP 2022 plan, which is the final annual award under this five-year program [1] - A total of 506,631 share options were awarded in 2026, with specific allocations to key executives [1] - Certain primary insiders exercised vested share options on 4 March 2026, which will be settled by the transfer of treasury shares [1] Group 2: Financial Performance - For Q4 2025, BW LPG reported a profit attributable to equity holders of US$104 million, translating to earnings per share of US$0.69, driven by solid shipping performance and positive results from Product Services [1] - The Time Charter Equivalent (TCE) income for Q4 2025 was US$50,300 per available day, exceeding the guidance of US$47,000 per day [1] Group 3: Dividend Information - The Board approved a cash dividend of US$0.57 per share for Q4 2025, with a record date set for 13 March 2026 [1]

Core Viewpoint - BW LPG Limited has announced a cash dividend of US$0.57 per share for Q4 2025, which reflects the company's ongoing commitment to returning value to its shareholders [1] Dividend Information - The Board approved the dividend on 2 March 2026 [1] - For shares registered with Euronext VPS, the dividend per share is NOK 5.4297 [1] - The record date for the dividend is set for 13 March 2026 [1]

Core Viewpoint - BW LPG Limited reported a strong financial performance for Q4 2025, with a profit attributable to equity holders of US$104 million, translating to earnings per share of US$0.69, driven by solid shipping performance and positive results from Product Services [1] Financial Performance - The Q4 2025 profit attributable to equity holders was US$104 million [1] - Earnings per share for Q4 2025 stood at US$0.69 [1] - TCE (Time Charter Equivalent) income for Q4 2025 was US$50,300 per available day, exceeding the guidance of US$47,000 per day and the previous figure of US$48,100 per calendar day [1]

Core Viewpoint - BW LPG Limited, the owner and operator of the world's largest fleet of Very Large Gas Carriers (VLGCs), will publish its Q4 2025 Financial Report on March 3, 2026 [1] Financial Reporting - The financial report will be released at approximately 07:00 CET / 01:00 EST / 14:00 SGT [1] - An Earnings Presentation will be hosted by CEO Kristian Sørensen and Samanth in connection with the financial results [1]

Group 1 - BW LPG Limited has secured three-year time charter-out contracts for two Very Large Gas Carriers (VLGCs), BW Tucana and BW Yushi, which commenced in January 2026 [1] - The fixed-rate time charter-out coverage has increased to approximately 35% of the fleet capacity, with an average rate of about USD 43,500 per day for 2026 [1] - The CEO of BW LPG expressed satisfaction with the new contracts, aligning with the strategy to increase coverage to approximately 40% of fleet capacity through period charters and/or FFAs [1] Group 2 - BW LPG operates a fleet of over 50 VLGCs, including 22 vessels powered by LPG dual-fuel propulsion technology, and has over five decades of LPG shipping experience [1] - The company has an in-house LPG trading division and commercial expertise to explore investments in value chain assets, enhancing its service reliability for LPG sourcing and delivery [1] - BW LPG is associated with BW Group, which controls a fleet of over 450 vessels and has investments in various sectors, including renewables [1]

Dorian LPG (NYSE:LPG) Q3 2026 Earnings call February 05, 2026 10:00 AM ET Company ParticipantsJohn Hadjipateras - CEOJohn Lycouris - Head of Energy TransitionTed Young - CFOTim Hansen - Chief Commercial OfficerConference Call ParticipantsCliment Molins - AnalystOmar Nokta - AnalystOperatorGood morning, and welcome to the Dorian LPG Q3 2026 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. As a reminder ...