Dorian LPG announced on Tuesday its first standard sale-and-purchase deal to offload a VLGC on the secondhand market.

The 82,000-cbm Captain Markos NL (built 2006) — the oldest ship in the organisation's fleet of 23 owned or chartered-in VLGCs — fetched between $42m and $43m, the company said in a press release.

The John Hadjipateras-led outfit had so far only sold ships in sale-and-leaseback deals, without actually parting with them.