New York-listed Dorian LPG is concluding a time charter for one of its very large gas carriers (VLGCs).
Sources say the 84,000-cbm Cratis (built 2015) has been fixed by Sunoco for four to six months at $20,000 per day — or $600,000 per month.
The fixture comes in a low market but, following deals with lenders, the contract will be above cash break-even for the shipowner that paid $83.1m
