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 November 2, 2015 - 5:26 PM EST
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Dorian LPG Ltd. Announces Delivery of the Cratis

STAMFORD, Conn., Nov. 2, 2015 /PRNewswire/ -- Dorian LPG Ltd. (NYSE: LPG) (the "Company" or "Dorian LPG"), a leading owner and operator of modern Very Large Gas Carriers ("VLGCs"), reported today that last Friday it took delivery of the ECO VLGC Cratis from Daewoo Shipbuilding and Marine Engineering. The Cratis is Dorian LPG's 14th newbuilding delivery. The Cratis will trade in the Helios LPG Pool.

Dorian LPG Ltd. logo.

About Dorian LPG Ltd.

Dorian LPG is a liquefied petroleum gas shipping company and a leading owner and operator of modern VLGCs. Including the newly-delivered Cratis, Dorian LPG currently owns and operates 17 modern VLGCs and one pressurized LPG vessel. In addition, Dorian LPG has five ECO VLGC newbuildings under construction. Dorian LPG has offices in Connecticut, USA, London, United Kingdom and Athens, Greece.

Forward-Looking Statements

This press release contains "forward-looking statements." Statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," "projects," "forecasts," "may," "should" and similar expressions are forward-looking statements. These statements are not historical facts but instead represent only the Company's belief regarding future results, many of which, by their nature are inherently uncertain and outside of the Company's control. Actual results may differ, possibly materially, from those anticipated in these forward-looking statements. For a discussion of some of the risks and important factors that could affect future results, see the discussion in the Company's Annual Report on Form 10-K, under the heading "Risk Factors." The Company does not assume any obligation to update the information contained in this press release.

For further information:

Ted Young; Chief Financial Officer: Tel.: +1 (203) 674-9695 or IR@dorianlpg.com

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/dorian-lpg-ltd-announces-delivery-of-the-cratis-300170709.html

SOURCE Dorian LPG Ltd.


Source: PR Newswire (November 2, 2015 - 5:26 PM EST)

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