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Dorian LPG (Dorian LPG) Average Age of Fleet in Years : 0.00 (As of Dec. 2023)


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What is Dorian LPG Average Age of Fleet in Years?

Average Age of Fleet in Years indicates the average age of fleet of this coompany. Companies with a higher average age of fleet may need to spend more on buying new ships, which reduces cash position in the future. Usually it reflects that the company has financial problems and failed to buy new fleets. Under rare situations it reflects good maintenance for existing fleets and extending their life.

The historical rank and industry rank for Dorian LPG's Average Age of Fleet in Years or its related term are showing as below:

LPG's Average Age of Fleet in Years is not ranked *
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Average Age of Fleet in Years only.

Dorian LPG Average Age of Fleet in Years Historical Data

The historical data trend for Dorian LPG's Average Age of Fleet in Years can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Dorian LPG Average Age of Fleet in Years Chart

Dorian LPG Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Average Age of Fleet in Years
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Fleet Operating Days #
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Dorian LPGQuarterly Data
Trend Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Average Age of Fleet in Years
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Fleet Operating Days #
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Competitive Comparison of Dorian LPG's Average Age of Fleet in Years

For the Oil & Gas Midstream subindustry, Dorian LPG's Average Age of Fleet in Years, along with its competitors' market caps and Average Age of Fleet in Years data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dorian LPG  (NYSE:LPG) Average Age of Fleet in Years Explanation

Companies with a higher average age of fleet may need to spend more on buying new ships, which reduces cash position in the future. Usually it reflects that the company has financial problems and failed to buy new fleets. Under rare situations it reflects good maintenance for existing fleets and extending their life. Companies with a lower average age of fleet may also have a higher depreciation.

According to the data from statista.com, as of 2020, the average age of all ships in the world merchant fleet was just over 20 years. General cargo ships were the oldest type of vessels with an average age of around 26 years; likewise, over 65 percent of the world's cargo ships were older than 14 years, in contrast with over 18 percent of bulk carriers.


Dorian LPG Average Age of Fleet in Years Related Terms

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Dorian LPG (Dorian LPG) Business Description

Industry
Traded in Other Exchanges
Address
27 Signal Road, Stamford, CT, USA, 06902
Dorian LPG Ltd is an international liquefied petroleum gas shipping company focused on owning and operating gas carriers, or VLGCs. The company currently owns and operates around 22 modern VLGCs, including nineteen new fuel-efficient 84,000 cbm ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom, and Athens, Greece.
Executives
John C Hadjipateras director, officer: Chief Executive Officer C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Christina Tan director 1453 FAIRFIELD BEACH ROAD, FAIRFIELD CT 06824
Theodore B. Young officer: Chief Financial Officer C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Alexander C. Hadjipateras officer: EVP at Dorian LPG (USA) LLC C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Tim Truels Hansen officer: Chief Commercial Officer STRANDHOLMS ALLE 23, HVIDOVRE G7 2650
John Lycouris director, officer: CEO of Dorian LPG (USA) LLC C/O DORIAN LPG (USA) LLC, 27 SIGNAL ROAD, STAMFORD CT 06902
Thomas Jason Coleman director C/O KENSICO CAPITAL MANAGEMENT, 55 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Marit Lunde director 27 SIGNAL ROAD, STAMFORD CT 06902
Ted Kalborg director C/O TUFTON OCEANIC LIMITED, ALBEMARLE HOUSE, 1, ALBEMARLE STREET, LONDON X0 SW1 4HA
Bw Group Ltd 10 percent owner MAPLETREE BUSINESS CITY, #18-01;, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438
Bw Lpg Holding Ltd other: Member of 10% owner group C/O MAPLETREE BUSINESS CITY #17-02, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438
Hna Investment Management Llc 10 percent owner C/O HNA GROUP NORTH AMERICA LLC, 1180 AVENUE OF THE AMERICAS, SUITE 1910, NEW YORK NY 10036
Scorpio Tankers Inc. 10 percent owner L'EXOTIQUE 99 BOULEVARD JARDIN EXOTIQUE, MONACO O9 98000
Family Foundation Sohmen 10 percent owner HEILIGKREUZ 6, P O BOX 484, VADUZ N2 FL-9490
Bw Euroholdings Ltd 10 percent owner MAPLETREE BUSINESS CITY, #18-01;, 10 PASIR PANJANG ROAD, SINGAPORE U0 117438