Connecticut-based Dorian LPG has handed out higher cash bonuses to its executive management team while also approving increases in their base salaries.

Chief executive John Hadjipateras leads the way with a $1.4m cash bonus, up from the $1.225m he was awarded for the fiscal year ending 30 March 2023.

Hadjipateras also will see his base salary increase to $750,000 from $650,000 in the current fiscal year.