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Dorian LPG posts loss ahead of potential BW LPG takeover

DORIAN LPG posted a net loss of over US$20.6 million in its latest quarterly compared to March this year, ahead of a potential takeover that would see BW LPG acquire the company.

Paul Hunt
 Dorian LPG ship

Dorian LPG ship

Net pool revenues were down on last year from $ 41 million last year to $27.6 million.    The company has total cash in the bank of $65.3 million; last quarter it had $135.2.    "Following a series...

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