ATHENS, GREECE, April 21, 2008. STEALTHGAS INC. (NASDAQ: GASS) (the “Company”), a ship owning company serving primarily the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today that is has entered into an agreement to acquire from an unaffiliated entity a resale new build Korean built 47,000 deadweight IMO 3 M.R. type Product Carrier. The purchase price of the vessel is $57.5 million and she will be financed through a combination of bank debt and internally generated cash resources.
Upon her expected delivery to the Company in April 2009 she will be deployed on a three year time charter to a Far Eastern based ship operator at a rate of $22,000 per day.
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ATHENS, GREECE, March 3, 2008. STEALTHGAS INC. (NASDAQ: GASS) (the
“Company”), a ship owning company serving primarily the liquefied
petroleum gas (LPG) sector of the international shipping industry,
announced today that is has entered into agreements to acquire ten
vessels described below for approximately $204 million in the aggregate.
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STEALTHGAS INC. REPORTS FOURTH QUARTER AND FULL-YEAR 2007 RESULTS AND ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.1875 PER COMMON SHARE
ATHENS, GREECE, February 20, 2008. STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the three and twelve months ended December 31, 2007.
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