Liquefied Petroleum Gas Logistics Market News

Dorian LPG MoU with HNA Logistics

Dorian LPG Ltd. a leading owner and manager of modern VLGC's (very large gas carriers), today announced that it has entered into a Memorandum of Understanding ("MOU"), with HNA Logistics Group Co., Ltd. to explore opportunities in the liquefied petroleum gas logistics market. John Hadjipateras, Chairman, President and Chief Executive Officer commented, "We are very pleased to form a strategic relationship with HNA Logistics. Their unique presence in the Chinese market creates opportunities to develop energy related transportation, finance, infrastructure and distribution. "The MOU with Dorian LPG presents a significant opportunity for our company to collaborate with a leader in the LPG industry." Director and Vice President of HNA Logistics, Mr.