StealthGas orders four Suezmax tankers

StealthGas Inc., a Greek ship owning company serving primarily the LPG sector of the international shipping industry, has ordered two new 156,000 DWT Suezmax crude oil tankers with an option of two additional such vessels. Delivery of the first vessel is expected in May-July 2011 and delivery of the second vessel in July-September 2011. If the Company exercises its option to construct the third and the fourth vessels, these will be delivered in the first and second quarters of 2012.