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Basis of Presentation and General Information (Predecessor) (Tables)
12 Months Ended 4 Months Ended
Mar. 31, 2015
Jul. 28, 2013
Basis of Presentation and General Information    
Schedule of the entities that are presented in a single combined set of financial statements in order to present the track record of management team

 

Vessel Owning Subsidiaries

Subsidiary

 

Type of
vessel(2)

 

Vessel’s name

 

Built

 

CBM(1)

CNML LPG Transport LLC

 

VLGC

 

Captain Nicholas ML

 

2008

 

82,000

CJNP LPG Transport LLC

 

VLGC

 

Captain John NP

 

2007

 

82,000

CMNL LPG Transport LLC

 

VLGC

 

Captain Markos NL

 

2006

 

82,000

Grendon Tanker LLC

 

PGC

 

LPG Grendon

 

1996

 

5,000

Comet LPG Transport LLC

 

VLGC

 

Comet

 

2014

 

84,000

Corsair LPG Transport LLC

 

VLGC

 

Corsair

 

2014

 

84,000

Corvette LPG Transport LLC

 

VLGC

 

Corvette

 

2015

 

84,000

 

Newbuild Vessel Owning Subsidiaries(3)

 

Subsidiary

 

Type of
vessel(2)

 

Hull
number

 

Vessel’s Name

 

Estimated
vessel
delivery
date(4)

 

CBM(1)

Dorian Shanghai LPG Transport LLC

 

VLGC

 

S749

 

Cougar

 

Q2 2015

 

84,000

Dorian Houston LPG Transport LLC

 

VLGC

 

S750

 

Cobra

 

Q2 2015

 

84,000

Concorde LPG Transport LLC

 

VLGC

 

2660

 

Concorde

 

Q2 2015

 

84,000

Dorian Sao Paulo LPG Transport LLC

 

VLGC

 

S753

 

Continental

 

Q3 2015

 

84,000

Dorian Ulsan LPG Transport LLC

 

VLGC

 

S755

 

Constitution

 

Q3 2015

 

84,000

Dorian Amsterdam LPG Transport LLC

 

VLGC

 

S751

 

Commodore

 

Q3 2015

 

84,000

Constellation LPG Transport LLC

 

VLGC

 

2661

 

Constellation

 

Q3 2015

 

84,000

Dorian Dubai LPG Transport LLC

 

VLGC

 

2336

 

Cresques

 

Q3 2015

 

84,000

Dorian Monaco LPG Transport LLC

 

VLGC

 

S756

 

Cheyenne

 

Q3 2015

 

84,000

Dorian Barcelona LPG Transport LLC

 

VLGC

 

S752

 

Clermont

 

Q4 2015

 

84,000

Dorian Cape Town LPG Transport LLC

 

VLGC

 

S754

 

Chaparral

 

Q4 2015

 

84,000

Commander LPG Transport LLC

 

VLGC

 

2662

 

Commander

 

Q4 2015

 

84,000

Dorian Geneva LPG Transport LLC

 

VLGC

 

2337

 

Cratis

 

Q4 2015

 

84,000

Dorian Tokyo LPG Transport LLC

 

VLGC

 

2338

 

Copernicus

 

Q4 2015

 

84,000

Dorian Explorer LPG Transport LLC

 

VLGC

 

S757

 

Challenger

 

Q4 2015

 

84,000

Dorian Exporter LPG Transport LLC

 

VLGC

 

S758

 

Caravelle

 

Q1 2016

 

84,000

 

Management Subsidiaries

 

Subsidiary

 

Incorporation
Date

Dorian LPG Management Corp

 

July 2, 2013

Dorian LPG (USA) LLC (incorporated in USA)

 

July 2, 2013

Dorian LPG (UK) Ltd. (incorporated in UK)

 

November 18, 2013

Dorian LPG Finance LLC

 

January 16, 2015

 

Dormant Subsidiaries

 

Subsidiary

 

Incorporation
Date

SeaCor LPG I LLC

 

April 26, 2013

SeaCor LPG II LLC

 

April 26, 2013

Capricorn LPG Transport LLC

 

November 15, 2013

Constitution LPG Transport LLC

 

February 17, 2014

Occident River Trading Limited (incorporated in UK)

 

January 9, 2015

 

 

(1)CBM: Cubic meters, a standard measure for LPG tanker capacity

 

(2)Very Large Gas Carrier (“VLGC”), Pressurized Gas Carrier (“PGC”)

 

(3)Represents newbuild vessels not yet delivered as of December 31, 2014

 

(4)Represents calendar year quarters

 

 

 
Schedule of charterers that individually accounted for more than 10% of the Company's revenue

 

 

Charterer

 

% of revenue
Year ended
March 31, 2015

 

Statoil ASA                                                                                                                  

 

27 

%

Royal Dutch Shell plc

 

19 

%

Itochu Corporation

 

14 

%

Indian Oil Corporation Ltd.

 

12 

%

Maritime Pressx Limited

 

11 

%

 

Charterer

 

% of revenue
July 1, 2013
(inception) to
March 31, 2014

 

Statoil ASA                                                                                                                  

 

51 

%

Naftomar Shipping and Trading Co. Ltd

 

13 

%

Kuwait Petroleum Corporation

 

10 

%

 

 
Predecessor    
Basis of Presentation and General Information    
Schedule of the entities that are presented in a single combined set of financial statements in order to present the track record of management team  

 

Vessel owning Company

 

Date of
 incorporation

 

Type of
 vessel(3)

 

Vessel’s name

 

Built

 

CBM(2)

Cepheus Transport Ltd. (Cepheus) (1)

 

March 17, 2004

 

VLGC

 

Captain Nicholas ML

 

2008

 

82,000

Lyra Gas Transport Ltd (Lyra) (1)

 

January 30, 2005

 

VLGC

 

Captain John NP

 

2007

 

82,000

Cetus Transport Ltd. (Cetus) (1)

 

January 27, 2004

 

VLGC

 

Captain Markos NL

 

2006

 

82,000

Orion Tankers Limited (Orion) (1)

 

October 26, 2005

 

PGC

 

Grendon

 

1996

 

5,000

 


(1)

Incorporated in Republic of Liberia.

(2)

CBM: Cubic meters, a standard measure for LPG tanker capacity.

(3)

Very Large Gas Carrier (“VLGC”), Pressurized Gas Carrier (“PGC”)

 

Schedule of charterers that individually accounted for more than 10% of the Company's revenue  

 

 

 

% of total revenues

 

Charterer 

 

April 1, 2013
to July 28, 2013

 

Year ended 
March 31, 2013

 

Statoil Hydro ASA

 

49 

 

53 

 

Petredec Ltd.

 

18 

 

19 

 

E1Corp.

 

19 

 

17 

 

Astomos Energy Corporation

 

12