Lunde Marit sold $659K of LPG

Dorian LPG (LPG) ordered three VLGCs for $345M, with delivery from 2030. The company secured a $368.4M credit facility to refinance debt. It has fixed 99% of its 2026 Q3 days at rates above $88K per day. Hanwha Ocean (042660.KS) closed up 0.35% on the Korean Stock Exchange.

Dorian LPG Ltd. reported first-quarter FY2027 results for the three months ended June 30, 2026. Revenues were $187.9 million, with TCE of $75,926 per day. Net income rose to $138.3 million ($3.24 EPS) and adjusted net income to $107.2 million ($2.52 adjusted EPS). The company declared an irregular $42.8 million dividend and completed multiple VLGC sales, citing geopolitical disruption for higher freight rates.

Dorian LPG Ltd. said the Strait of Hormuz closure boosted tanker charter demand and lifted results. For the three months ended June 30, net income rose to $138.3 million from $10.1 million, and revenue more than doubled to $187.9 million from $84.2 million, according to its earnings release. Average daily vessel earnings increased to $75,926 from $39,726.

DORIAN LPG LTD. (LPG) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 ​ ​ ​ Dorian LPG Ltd. Announces First Quarter Fiscal Year 2027 Financial Results ​ Stamford, CT –August 5, 2026 – Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” “us,” and “our”), a leading owner and operator of modern very large gas carriers (“VLGCs”

The article says the IRGC assessed a U.S.-Iran war risk as “low,” which it says contributed to a drop in crude oil prices. Louis Navellier says energy and tanker stocks remain attractive, citing strong forecast sales/earnings and longer routes and Strait of Hormuz bottlenecks. It also notes Elbit Systems Q1 revenue rose 15.5% to $2.189B, beating expectations, and Micron’s UBS price target was raised to $1,625.

Kalborg Ted sold 15,373 shares of DORIAN LPG LTD. (LPG) at $45.06 ($0.69M total) on 2026-05-22.