John Hadjipateras presented a view that the bottom of the VLGC market slump has passed as his Dorian LPG reported a second quarter loss in line with market forecasts today.

New York-listed Dorian recorded a loss of $7.1m in the three months to the end of September, compared with a profit of $41.2m at this stage of 2015.

The shipowner’s adjusted loss of $0.25