Dorian LPG Ltd. (LPG) ("Dorian LPG"), 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 of the 2023-built Dual-Fuel LPG Carrier HLS Diamond, which is the second dual fuel LPG carrier to join the Dorian LPG fleet, on long-term time charter. She will trade in the Helios LPG Pool which we operate jointly with MOL subsidiary, Phoenix Tankers. HLS Diamond is able to transit the old Panama Canal locks, reducing delays and costs compared to the new Panama Canal. The HLS Diamond is the second 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 our mission to provide safe, reliable, clean, and trouble-free transportation.
