Dorian LPG Ltd., one of the world’s largest owners and operators of modern and ECO very large gas carriers (VLGCs), is pleased to announce that it took delivery on long-term Time Charter of the 2023-built Dual-Fuel LPG Carrier HLS Citrine.
As explained, this is the first Dual-Fuel LPG VLGC to join the company’s fleet. She will trade in the Helios LPG Pool which Dorian LPG operates jointly with MOL subsidiary, Phoenix Tankers.
HLS Citrine is able to transit the old Panama Canal locks, reducing delays and costs compared to NeoPanama transits.
She is the first of four Dual-Fuel VLGCs that are scheduled for delivery to the Company during calendar 2023 each with improved economics and carbon footprints, consistent with company’s mission to provide safe, reliable, clean, and trouble-free transportation.
In the meantime, Dorian LPG has been nominated for this year’s GREEN4SEA Awards for putting ESG issues on top of its agenda. Recently, the company announced a new partner agreement with the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping to meet and exceed industry’ decarbonization target.