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GASS Stock - StealthGas Inc.


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StealthGas Inc., along with its subsidiaries, operates as a prominent provider of international seaborne transportation services specializing in liquefied petroleum gas (LPG). The company serves a diverse clientele of LPG producers and users globally, facilitating the efficient transport of various liquefied gas products such as propane, butane, and propylene. In addition to its core LPG services, StealthGas also transports crude oil and natural gas, ensuring comprehensive coverage across the energy sector.

The fleet operated by StealthGas Inc. comprises 44 LPG carriers with a combined capacity of 389,426 cubic meters, highlighting its substantial presence in the maritime transport of liquefied gases. Complementing its LPG fleet are three medium range product carriers capable of transporting 140,000 deadweight tons (dwt) and one Aframax crude oil tanker with a capacity of 115,804 dwt. This diversified fleet enables the company to cater to a wide range of shipping needs, from specialized LPG transportation to bulk crude oil shipments.

Founded in 2004 and headquartered in Athens, Greece, StealthGas Inc. has established itself as a leader in the maritime industry with a strong focus on reliability and operational excellence. The company's strategic location in Greece, a pivotal hub for maritime commerce, enhances its ability to efficiently manage and expand its fleet operations on a global scale. With a steadfast commitment to safety and environmental stewardship, StealthGas continues to uphold rigorous industry standards while meeting the evolving demands of its global customer base.

StealthGas Inc.'s robust fleet expansion and strategic initiatives underscore its dedication to enhancing service capabilities and maintaining competitive advantage in the dynamic shipping market. By leveraging its extensive fleet and industry expertise, the company remains well-positioned to capitalize on emerging opportunities and sustain long-term growth in the international maritime transportation sector.

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Stock Sector: Energy: Oil & Gas Equipment & Services

 

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