Press Releases
STEALTHGAS INC. REPORTS FIRST QUARTER 2008 RESULTS AND ANNOUNCES QUARTERLY CASH DIVIDEND OF $0.1875 PER COMMON SHARE
ATHENS, GREECE, May 27, 2008. STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the three months ended March 31, 2008.
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ATHENS, GREECE, April 21, 2008. STEALTHGAS INC. (NASDAQ: GASS) (the âCompanyâ), 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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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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ATHENS, GREECE, March 3, 2008. STEALTHGAS INC. (NASDAQ: GASS) (the
âCompanyâ), 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 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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