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Finance & Markets

Newbuilding Orders Piling Up

The newbuilding market has remained very elevated over the past week, as owners have kept securing more orders. In its latest weekly report, shipbroker Banchero Costa said that “newbuilding activity remained exceptionally strong this week, with a total of 51 vessels ordered across a broad spectrum of sectors including bulk carriers, containers, tankers and car ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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Dorian LPG Ltd. Reports Record Earnings on Strong Market Conditions and Ship Resale Profits

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), reported its financial results for the three months ended September 30, 2026.

  • Dorian LPG reported record earnings of $213.9 million for Q3 2026
  • $77.0 million and $90.4 million from VLGC sales to Captain John NP and Clermont
  • Chairman credited market conditions and fleet renewal for strong results

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