LPG - Dorian LPG: Refinancing Complete Active Repurchase Program 112% Upside
Image Credit: Dorian LPG
Dorian LPG Overview
Dorian LPG (LPG) is a Very Large Gas Carrier ("VLGC") pure-play focused on transporting liquefied propane across the world. Dorian controls an ultramodern fleet of 24 vessels, 20 of which were built within the past 4-5 years, so they are well equipped to handle recent fuel emissions regulations ("IMO 2020") and their vessels are able to outperform the older variants ran by their peers.
The primary VLGC routes are sources from the Middle East Gulf ("MEG"), the US Gulf ("USG"), and Australia. Top importers include Europe,