Stealthgas Announces Charter Renewals

Tuesday, September 18, 2007
Stealthgas has entered into new time charter agreements for M/V Gas Sophie, M/V Gas Czar and M/V Gas Nemesis. The company has entered into a new bareboat charter for M/V Gas Ice and extended time charters for M/V Gas Renovatio, M/V Gas Zael, M/V Gas Sincerity, M/V Gas Shanghai, M/V Gas Kalogeros, M/V Gas Legacy, M/V Gas Icon and the M/V Gas Spirit.

The M/V Gas Sophie, upon its scheduled delivery in October 2007 will be deployed on a time charter for 12 months to an international gas trader. The vessel is a 1995 built 3,500 cbm, Fully Pressurized LPG carrier that the Company agreed to acquire in early April 2007. The M/V Gas Czar and M/V Gas Nemesis have entered into new time charters both for 12 months beginning in December 2007 and May 2008, respectively, to an international gas trader.

The M/V Gas Renovatio has extended its existing time charter for an additional 12 months, commencing in January 2008, to an international gas trader. The M/V Gas Zael and M/V Gas Sincerity have each extended their existing time charters for an additional 12 months to an oil major, commencing in March and July of 2008, respectively. The M/V Gas Shanghai has extended its existing time charter for an additional 12 months, commencing in September 2008, to an international gas trader. Both the M/V Gas Kalogeros and the M/V Gas Legacy have extended their existing time charters for an additional two years, both commencing in April 2008, and both to an oil major. The M/V Gas Spirit has extended its existing time charter for an additional two years commencing in June 2008 to an oil major. The M/V Gas Icon"has also extended its existing charter for two years commencing in July 2008 to an oil major. Lastly, the M/V Gas Ice upon the expiration of its current bareboat charter in April 2008, has entered into a new bareboat charter for a period of three years commencing in April 2008 to a European ship operator. The aggregate revenue per calendar month for the above detailed charters is $3,088,000.

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Education/Training

San Jacinto College Breaks Ground on New Training Center

San Jacinto College has broken ground along the Port of Houston for its new 45,000-square-foot Maritime Training Center.   At the site of 3700 Old Highway 146 in La Porte,

Damen Shipyards Galati wins Dutch Romanian Award

Damen Shipyards Galati has been presented with the Dutch Romanian Business Award for its Corporate Social Responsibility plan, particularly the Group’s community investment initiatives.

Lowrance Renews Insight Genesis College Cup

Lowrance®, a world-leading brand in fishing electronics since 1957— announced today the renewal of its Insight Genesis™ College Cup. In its second year, the

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Pipelines Pod Propulsion Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1222 sec (8 req/sec)