Dorian adds financing firepower after confirming Hanwha VLGC trio

Dorian LPG has secured a new $368.4m seven-year financing, consolidating four existing financing arrangements as the US-listed gas carrier owner pushes ahead with a new generation of VLGCs. The John Hadjipateras-led company has arranged a $213.4m term loan and $155.1m revolving facility priced at 140 basis points over SOFR. Dorian will draw $193.8m at closing, … Read full article →