Dorian LPG Ltd. Announces Delivery of the Chaparral

Nov 23, 2015, 16:30 ET from Dorian LPG Ltd.

STAMFORD, Conn., Nov. 23, 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 on November 20th, 2015, it took delivery of the ECO VLGC Chaparral from Hyundai Samho Heavy Industries.  The Chaparral is Dorian LPG's 16th newbuilding delivery. The Chaparral will trade in the Helios LPG Pool.

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 Chaparral, Dorian LPG currently owns and operates 19 modern VLGCs and one pressurized LPG vessel. In addition, Dorian LPG has three 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) 674-9900 or IR@dorianlpg.com

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SOURCE Dorian LPG Ltd.



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