Slide 1: Investor Highlights
Investor Highlights August 2023 1
Slide 2: Disclaimer
Disclaimer Forward-Looking Statements This presentation contains certain forward-looking statements including analyses and other information based on forecasts of future results and estimates of amounts not yet determinable and statements relating to our future prospects, developments and business s
Slide 3: Investor Highlights – 1Q FY24 Earnings
Investor Highlights – 1Q FY24 Earnings Baltic VLGC Index Performance Helios LPG Information • $ 51,639 − Hellios Pool TCE / Available Day • $ 58,280 − Hellios Pool Spot + COA TCE / Available Day Dorian LPG Operating Statistics • $ 51,156 − Fleet TCE / Operating Day • 98.0% − Fleet Utilization1 • $ 5
Slide 4: East – West Arb. Important Driver of Freight Rates
East – West Arb. Important Driver of Freight Rates USGC Propane Spot Delivered Prices vs CFR Far East Source: NGLS 4
Slide 5: Global Seaborne Volumes
Global Seaborne Volumes Global Liftings Up +8% Q/Q; 1H23 +15% U.S. Waterborne Exports Up by 2% Q/Q; 1H23 +11% M. E. Waterborne Exports Up by 15% Q/Q; 1H23 +15% Source: Platts 5 Note: Values shown through June 30, 2023
Slide 6: Environment & Sustainability
Environment & Sustainability Results of Scrubber Operations • Scrubber vessel daily savings for calendar 2Q23 (our 1Q FY24) for HSFO vs LSFO stood at $2,740/day net of all scrubber OPEX, benefitting our vessels with improved voyage economics. • Average fuel differential for the last quarter was abou
Slide 7: Investor Highlights – 1Q FY24 Statement of Cash Flow
Investor Highlights – 1Q FY24 Statement of Cash Flow Three Months Ended (Unaudited) June 30, 2023 June 30, 2022 Cash flow s from operating activities: Net income $ 51,721,137 $ 24,847,720 Adjustm ents to reconcile net incom e to net cash provided by operating activities: Depreciation and amortizatio
Slide 8: Thank you
OUR MISSION IS TO ARRANGE SAFE, RELIABLE, CLEAN AND TROUBLE-FREE TRANSPORTATION Thank you 8