StealthGas INC

On the 12th of january 2012 stealthgas named two more gas carriers in japan. The two purpose built high spec fuel efficient LPG/VCM carriers both were 7,500 cbm and both flew the Liberian flag and classed by bureau veritas. The first one which was delivered on the 18th of jan was named ‘GAS HUSKY’ by Mrs Gill Fisher wife of oman shipping co CEO mr Nicholas Fisher. The 2nd one which will be delivered in may 2012 was named ‘GAS ESCO’ by Mrs Aimilia Lagounaris.

The GAS HUSKY starts a long charter to a middle eastern state company while the GAS ESCO is still unfixed.

After these deliveries STEALTHGAS INC (listed GASS) still maintains its lead position as the largest owner by number of owned ships in the 3000-8000 cbm gas segment and still represents the cheapest investment opportunity for potential investors since its currently trading at a third of its currently appraised NAV!!!

These two ships represent the final two of a series of 10 gas carriers that have been ordered since 2007 at this same yard!

In the first pic is Mr Harry Vafias with the president of the Japanese shipyard Mr Kanrei

In the 2nd pic is Mr Harry Vafias flanked by the two godmothers

In the 3rd pic is Mr Harry Vafias with the CEO of Oman Shipping Mr Nicholas Fisher

In the 4th pic it’s the GAS HUSKY in its maiden voyage

In the last pic its Mr Harry Vafias in front of the GAS ESCO which will be completed and delivered in may 2012