STEALTHGAS INC. ANNOUNCES DELIVERY OF THE GAS SHURIKEN AND THE GAS NATALIE.
STEALTHGAS INC. ALSO ANNOUNCES THE CANCELLATION OF THE SALE OF THE GAS AMAZON, NEW CHARTER ARRANGEMENTS ON THREE EXISTING VESSELS, PLUS THE CANCELLATION OF BONUSES AND STOCK BASED COMPENSATION TO OFFICERS AND DIRECTORS IN 2008.
ATHENS, GREECE, Monday, January 26, 2009. STEALTHGAS INC. (NASDAQ: GASS) (the âCompanyâ), a ship-owning company serving primarily the liquified petroleum gas (LPG) sector of the international shipping industry, announced today that it took delivery of the Gas Shuriken, a 2008-built 5,000 cbm fully pressurized LPG carrier, on November 3, 2008.Â Upon her delivery she was immediately deployed under a two-year time charter to an international gas trader, which expires in October 2010.Â On January 22, 2009, the Company took delivery of the Gas Natalie, a 1997-built 3,213 cbm fully pressurized LPG carrier. Upon her delivery to the Company she continued to be deployed under an existing bareboat charter with a major international gas owner/operator, which expires in September 2011.