Dorian LPG Ltd 2026年季度报告

FORWARD-LOOKING STATEMENTS This quarterly report on Form 10-Q contains forward-looking statements within the meaning ofSection 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of1934, as amended (the “Exchange Act”), and the Private Securities Litigation Reform Act of 1995 (the“PSLRA”), including analyses and other information based on forecasts of future results and estimates ofamounts not yet determinable and statements relating to our future prospects, developments and businessstrategies. We intend for these forward-looking statements to be covered by the safe harbor provided forunder the sections referenced in the immediately preceding sentence and the PSLRA. Forward-lookingstatements are identified by their use of terms and phrases such as “anticipate,” “believe,” “continue,”“could,”“estimate,”“expect,”“forecast,”“intend,”“likely,”“may,”“might,”“pending,”“plan,” These risks include the risks that are identified in the “Risk Factors” section of this quarterlyreport and of our Annual Report on Form 10-K for the fiscal year ended March 31, 2025, and also include, ●our future operating or financial results; ●our business strategies, including with respect to acquisitions and chartering, and expectedcapital spending or operating expenses, as well as any difficulty we may have in managingplanned growth properly; ●the cost and effects of cybersecurity incidents or other failures, interruptions, or securitybreaches of our systems or those of our customers or third-party providers, includingsoftware failures, unforeseeable security breaches, or incidents stemming from the misuse or ●the strength of world economies; ●general domestic and international geopolitical conditions, including political uncertainty inVenezuela as a result of U.S. intervention and the corresponding impact on the oil andnatural gas markets, and increasing global tensions due to the stated desire by the U.S. tocontrol Greenland; ●recent and potential future trade policy matters, such as increased trade protectionism, theimposition of tariffs and other import restrictions, including those impacting the maritime ●shipping trends, including changes in charter rates applicable to alternative propulsiontechnologies, exhaust gas cleaning system (commonly referred to as “scrubbers”) equipped ●changes in trading patterns that impact tonnage requirements, including without limitation,tariffs that have been or may be imposed by various countries including without limitation ●compliance with laws, treaties, rules, regulations and policies (including amendments orother changes thereto) applicable to the liquefied petroleum gas, or LPG, shipping industry,including, without limitation, legislation adopted by international organizations such as theInternational Maritime Organization and the European Union or by individual countries, as ●investors’,banks’,counterparties’and other stakeholders’increasing emphasis onenvironmental and safety concerns and increasing scrutiny and changing expectations with ●general economic conditions and specific economic conditions in the oil and natural gasindustry and the countries and regions where LPG is produced and consumed, including theimpact of central bank policies, intended to combat inflation and rising interest rates, on thedemand for LPG; ●completion of infrastructure projects to support marine transportation of LPG, including ●factors affecting supply of and demand for LPG including propane, butane, isobutane,propylene and mixtures of these gases, LPG shipping, and LPG vessels, including, amongother things: the production levels, price and worldwide consumption and storage of oil,refined petroleum products and natural gas, including production from United States shalefields; any oversupply of or limited demand for LPG vessels comparable to ours or higherspecification vessels; trade conflicts and the imposition of tariffs or otherwise on LPG ●any decrease in the value of the charter-free market values of our vessels or reduction in ourcharter hire rates and profitability associated with such vessels as a result of increase in thesupply of or decrease in the demand for LPG, LPG shipping or LPG vessels including an ●business disruptions, including supply chain issues, due to damage to storage or receivingfacilities, or natural disasters; ●greater than anticipated levels of LPG vessel newbuilding orders or lower than anticipatedrates of LPG vessel scrapping; ●theaging of the Company’s fleet which could result in increased operating costs,impairment or loss of hire; ●our ability to profitably employ our vessels, including vessels participating in the HeliosPool (defined below); ●unavailability of spot charters and the volatility of prevailing spot market charter rates,which may affect our ability to realize the expected benefits from our time chartered-invessels, including those in the Helios Pool; ●failure of our charterers or other counterparties to m