Dorian LPG Ltd. (NYSE:LPG) Q1 2023 Earnings Conference Call August 3, 2022 10:00 AM ET

Company Representatives

John Hadjipateras - Chairman, President, Chief Executive Officer, Dorian Ltd.

John Lycouris - Chief Executive Officer, Dorian LPG (USA)

Tim Hansen - Chief Commercial Officer

Ted Young - Chief Financial Officer

Conference Call Participants

Omar Nokta - Jeffries

Operator

Greetings! And welcome to the Dorian LPG, First Quarter 2023 Earnings Conference Call. At this time all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. As a reminder, this conference is being recorded. Additionally, a live audio webcast of today's conference call is available on Dorian LPG's website, which is www.dorianlpg.com.

I would now like to turn this conference over to Ted Young, Chief Financial Officer. Thank you, Mr. Young. Please go ahead.

Ted Young

Thank you, Joe, and good morning everyone. Thank you all for joining us for our first quarter 2023 results conference call. With me today are John Hadjipateras, Chairman, President and CEO of Dorian LPG Limited; John Lycouris, Chief Executive Officer of Dorian LPG (USA); and Tim Hansen, Chief Commercial Officer. As a reminder, this conference call webcast and a replay of this call will be available through August 10, 2022.

Many of our remarks today contain forward-looking statements based on current expectations. These statements may often be identified with words such as expect, anticipate, believe or similar indications of future expectations. Although we believe that such forward-looking statements are reasonable, we cannot assure you that any forward-looking statements will prove to be correct.

These forward-looking statements are subject to known and unknown risks and uncertainties and other factors, as well as general economic conditions. Should one or more of these risks or uncertainties materialize or should underlying assumptions or estimates prove to be incorrect, actual results may vary materially from those we express today.

Additionally, let me refer you to our unaudited results for the period ended June 30, 2022 that were filed this morning on Form 10-Q. In addition, please refer to our previous filings on Forms 10-K where you'll find Risk Factors that could cause actual results to differ materially from those forward-looking statements.

With that, I'll turn the call over to John Hadjipateras.

John Hadjipateras

Thanks Ted and thank you for joining John, Ted, Tim and me to discuss our first quarter financial year 2023 results.

The war in Ukraine has had a complexity to our crew operation, and our crew departments work diligently and quickly to insure safety and welling being of many of our Ukrainian seafarers. The COVID pandemic and recent port closures in China have continued to create challenges around crew changes, but through close interdepartmental coordination we have managed these challenges well and without creating major deviations or delays.