Search results for: StealthGas

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  • 18 April 2018
    Business & Finance

    StealthGas takes delivery of the last LPG vessel from its newbuilding program.

  • 4 September 2014
    Vessels

    StealthGas, a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today as part of its fleet expansion program the acquisition of two newbuilding LPG vessels. The company exercised the acquisition options with a Korean yard and the additions to the fleet consist of two 22,000 cbm semi […]

  • 27 February 2015
    Business & Finance

    LPG owner StealthGas has extended its share buyback program for an additional USD 20,000,000, the company said in its annual results for 2014. The company announced a USD 10,000,000 share repurchase program in November 2014 and has up to date purchased 1.500.000 common shares for a total of USD 9 million. The announcement comes as […]

  • 26 May 2017
    Business & Finance

    StealthGas, a shipping company serving the LPG sector, reported record revenues in the first quarter of 2017, reaching USD 38.1 million, compared to revenues of USD 36.5 million seen in the same period a year earlier.  The rise was attributed to increased fleet utilization and a slight increase in market rates. The company’s net income stood at USD […]

  • 10 May 2016
    Business & Finance

    Greek shipping company StealthGas Inc. has received commitment letters for two senior secured credit facilities to fund four new 22,000 cbm semi-ref gas carriers scheduled to be delivered in 2017. These facilities, with a combined amount of some USD 140 million, will cover approximately 65 percent of the vessels’ contract prices, or up to 70% of the contract prices based on the […]

  • 25 May 2018
    Business & Finance

    StealthGas has started the year with the sale of three second-hand LPG tankers cashing in USD 17 million.

  • 22 February 2019
    Business & Finance

    StealthGas entered a small scale JV deal in an effort to further growth its fleet.

  • 25 February 2020
    Business & Finance

    StealthGas is to form a new joint venture that would acquire three secondhand midsize gas carriers (MGCs). 

  • 9 June 2014
    Business & Finance

    South Korean shipbuilder Hyundai Mipo Dockyard (HMD) has won a deal to build two semi-refrigerated vessels for Nasdaq-listed StealthGas Inc. The contract, announced today on the Korea Exchange, is for the construction of two 22,000-cbm ships and is estimated to be worth around $105 million. Delivery of the two newbuilds is slated for early 2017. StealthGas Inc. currently has […]

  • 18 July 2014

    StealthGas, a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced, as part of its fleet expansion program, the acquisition of four newbuilding LPG vessels. The additions to the fleet consist of two 22,000 cbm semi refrigerated eco LPG carriers scheduled to be delivered in the first quarter […]

  • 23 November 2017
    Business & Finance

    As part of its fleet renewal strategy, LPG shipping company StealthGas has sold two of its oldest vessels, the 1992-built Gas Moxie and the 1996-built Gas Nirvana. Both ships were sold for further trading and at a very good premium above their scrap values, 78% and 220% respectively, Board Chairman Michael Jolliffe, commented. Harry Vafias, […]

  • 23 August 2019
    Business & Finance

    The acquisitions marked the company’s expansion into new areas of LPG.

  • 23 February 2018
    Business & Finance

    StealthGas has signed a number of time charter agreements as it improved its earnings in 2017.

  • 3 February 2014
    Business & Finance

    StealthGas Inc., a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today as part of its fleet expansion program the acquisition of two newbuilding LPG vessels. Both vessels will be constructed in Japan. The first vessel is a 5,000cbm LPG carrier scheduled to be delivered in the […]

  • 8 January 2015

    Stealthgas said that it has entered into a sale and leaseback agreement for one of its vessels, and concluded five new charter arrangements.

  • 3 February 2014

    StealthGas, Inc. announced today the acquisition of two newbuilding LPG vessels. Both vessels will be constructed in Japan. The first vessel is a 5,000cbm LPG carrier scheduled to be delivered in the fourth quarter of 2014; while the second vessel is a 3,500cbm LPG carrier scheduled to be delivered in the first quarter of 2015. […]

  • 4 September 2014
    Business & Finance

    StealthGas Inc., a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, has acquired two newbuilding LPG vessels as part of its fleet expansion program. The company exercised the acquisition options with a Korean yard and the additions to the fleet consist of two 22,000 cbm semi refrigerated eco LPG […]

  • 2 October 2013

    StealthGas INC., a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector, has made a decision to expand its LPG fleet with nine new vessels that will be built at Japanese yards for a total investment of $200 million. The decision to acquire new LPG carriers was announced at the 2013 annual general meeting […]

  • 9 July 2007

    StealthGas Inc. (NASDAQ: GASS) announced today that it has filed a preliminary prospectus supplement with the Securities and Exchange Commission in connection with its previously filed registration statement on Form F-3. The preliminary prospectus supplement covers 6,000,000 shares of common stock to be issued and sold by the Company. The Company also will grant the […]

  • 29 August 2014
    Vessels

    Hyundai Heavy Industries subsidiary, Hyundai Mipo Dockyard received an order for three vessels, two of which are LPG carriers.  The company said the $104.7 mln order for the two LPG carriers comes from StealthGas and delivery is scheduled for mid-2017. Vessels capacity will be 22.000 m3 of LPG.   LNG World News Staff, August 29, […]

  • 23 November 2016
    Business & Finance

    Ulsan-based shipbuilder Hyundai Mipo Dockyard has agreed to push the deliveries of four liquefied petroleum gas (LPG) carriers, the company said in a stock exchange filing. The delivery of two LPG carriers, which were scheduled to join their owner in late March 2017, was pushed by four months. The newbuildings are now expected to be delivered […]

  • 20 April 2012
    Business & Finance

    STEALTHGAS INC. GASS, a ship-owning company serving primarily the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today an update on its chartering arrangements. Chartering Update The company has concluded the following chartering arrangements: A four year time charter for its 46,000dwt, built 2009, product tanker, Alpine Endurance (which will be renamed), […]