Dorian LPG rode a massive bump in rates to a much improved third quarter, far surpassing analyst expectations.

The Connecticut-based, New York-traded gas carrier owner posted a $40.7m profit for the quarter ending 30 September with rates and revenues more than doubling year-over-year. The company had posted a $8.2m loss for the same quarter — the second in the company's fiscal year — in 2018.