Dorian LPG Ltd. (LPG) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.400 Good morning and welcome to the Dorian LPG fourth quarter and full year 2025 00:00:05.400 -- 00:00:11.490 earnings conference call. At this time, all participants are in a listen-only mode. 00:00:11.490 -- 00:00:16.097 A brief question and answer session will follow the formal presentation. 00:00:16.097 -- 00:00:19.523 As a reminder, this conference is being recorded. 00:00:19.523 -- 00:00:24.571 Additionally, a live audio webcast of today's conference call is available on Dorian 00:00:24.571 -- 00:00:29.392 LPG's website which is www.dorianlpg.com. 00:00:31.497 -- 00:00:35.663 I would now like to turn the conference over to Ted Young, Chief Financial Officer. 00:00:35.663 -- 00:00:40.029 Thank you, Mr. Young. Please go ahead. 00:00:40.029 -- 00:00:44.334 Thank you, Nikki. Good morning, everyone, and thank you all for joining us for our fourth 00:00:44.334 -- 00:00:49.541 quarter 2025 results conference call. With me today are John Hajbataris, 00:00:49.541 -- 00:00:55.292 Chairman, President, and CEO of Dorian LPG Limited, John LaCouris, Head of Energy Transition, 00:00:55.292 -- 00:01:00.621 and Tim Hanson, Chief Commercial Officer. As a reminder, this conference call webcast 00:01:00.621 -- 00:01:05.045 and a replay of this call will be available through May 29, 2025. 00:01:05.409 -- 00:01:10.377 Many of our remarks today contain forward-looking statements based on current expectations. 00:01:10.377 -- 00:01:14.865 These statements may often be identified with words such as expect, anticipate, believe, 00:01:14.865 -- 00:01:18.145 or similar indications of future expectations. 00:01:18.145 -- 00:01:22.051 Although we believe that such forward-looking statements are reasonable, we cannot assure 00:01:22.051 -- 00:01:25.296 you tha...