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StealthGas Inc Announces Acquisition of two New Resale Product Carriers ...

STEALTHGAS INC ANNOUNCES ACQUISITION OF TWO NEW RESALE PRODUCT CARRIERS AND THEIR DEPLOYMENT ON SEVEN YEAR BARE BOAT CHARTERS AS WELL AS CHARTER RENEWAL FOR THE GAS CHIOS

December 6, 2007 ATHENS, GREECE, 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 contracts to acquire, from an unaffiliated party, two new 47,000 deadweight M.R. type product tankers ex yard for delivery in February and April 2008 respectively. Upon their delivery to the Company they will be deployed on seven year bare boat charters to an international oil trader.

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StealthGas Inc.
2nd Quarter 2017 Results
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