Dorian LPG Ltd., a leading owner and operator of modern and ECO very large gas carriers (“VLGCs”), announced that it entered into an agreement to sell the Captain Markos NL, a 2006-built, debt-free VLGC, which, as previously announced, had been classified by the Company as a vessel held-for-sale. The Company expects to deliver the vessel to its purchaser by August 31, 2021 and to realize cash proceeds between $42.0 million and $43.0 million.

Dorian LPG is a liquefied petroleum gas shipping company and a leading owner and operator of modern VLGCs. Upon completion of the aforementioned sale, Dorian LPG’s fleet will consist of 22 modern VLGCs. Dorian LPG has offices in Stamford, Connecticut, USA; London, United Kingdom; Copenhagen, Denmark; and Athens, Greece.
Source: Dorian LPG Ltd.