In a statement issued after the close the New York-quoted operator indicated that the venture, Helios LPG Pool, intends to commence operations on 1 April 2015.

The pool will be jointly managed by Dorian and Phoenix Tankers, the MOL subsidiary that consummated a union with the Connecticut-based owner in the summer of last year.

Today, Dorian pointed out that Helios LPG, which boasts bases in both London and Singapore, will be led by two managing directors, Tim Hansen and Harpal Cheema.