<SEC-DOCUMENT>0001171843-12-003908.txt : 20121102
<SEC-HEADER>0001171843-12-003908.hdr.sgml : 20121102
<ACCEPTANCE-DATETIME>20121102091430
ACCESSION NUMBER:		0001171843-12-003908
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20121031
FILED AS OF DATE:		20121102
DATE AS OF CHANGE:		20121102

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			StealthGas Inc.
		CENTRAL INDEX KEY:			0001328919
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			1T
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-51559
		FILM NUMBER:		121175246

	BUSINESS ADDRESS:	
		STREET 1:		331 KIFISSIAS AVENUE
		STREET 2:		ERITHREA 14561
		CITY:			ATHENS
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		30 210 625 2849

	MAIL ADDRESS:	
		STREET 1:		331 KIFISSIAS AVENUE
		STREET 2:		ERITHREA 14561
		CITY:			ATHENS
		STATE:			J3
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>document.htm
<DESCRIPTION>FORM 6-K FILING DOCUMENT
<TEXT>
<html lang="en-US">

	<head>
		<title>Form 6-K Filing</title>
	</head>

	<body bgcolor="#ffffff">
		<div align="center">
			<b><font size="4">UNITED STATES<br>
					SECURITIES AND EXCHANGE COMMISSION</font><br>
				Washington, D.C. 20549</b>
			<p><b><font size="4">FORM 6-K</font></b></p>
			<p><b>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934</b></p>
			<p><font size="2"><b>For the month of <b>October 2012</b>.</b></font></p>
			<p><font size="2">Commission File Number: <b>000-51559</b></font></p>
			<p><font size="4"><b>StealthGas, Inc.</b></font><br>
				<font size="2">(Translation of registrant's name into English)</font></p>
			<p><b>331 Kifissias Avenue Erithrea 14561 Athens, Greece</b><br>
				<font size="2">(Address of principal executive office)</font></p>
		</div>
		<p><font size="2">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.<br>
			Form 20-F [ x ] &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form 40-F [ &nbsp;]</font></p>
		<p><font size="2">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font></p>
		<p><font size="2"><b>Note:</b> Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.</font></p>
		<p><font size="2">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font></p>
		<p><font size="2"><b>Note:</b> Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.</font></p>
		<p><font size="2">Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes [ &nbsp;&nbsp;] &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No [  x ]</font></p>
		<p><font size="2">If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>.</font></p>
		<hr noshade="1">
		<p><font size="2">On October 31, 2012 the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.<br><br><br>(c) &nbsp; &nbsp; Exhibit 99.1.  Press release dated October 31, 2012</font></p>
		<div align="center">
			<hr noshade="1">
			<b><font size="2">SIGNATURES</font></b></div>
		<p><font size="2">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</font></p>
		<table cellpadding="0" border="0" width="100%" cellspacing="0">
			<tr valign="top">
				<td width="47%">&nbsp;</td>
				<td width="6%">&nbsp;</td>
				<td width="47%" align="center"><b><u>StealthGas, Inc.</u></b><br>
					<font size="2">(Registrant)</font><br>
					<br>
				</td>
			</tr>
			<tr valign="top">
				<td width="47%"><font size="2">Date: November 2, 2012</font></td>
				<td width="6%">&nbsp;</td>
				<td width="47%" align="center"><font size="2"><b><u>/s/ KONSTANTINOS SISTOVARIS</u></b><br>
					Konstantinos Sistovaris<br>
					<i>Chief Financial Officer</i></font></td>
			</tr>
		</table>
		<div align="center">
			<p></p>
		</div>
	</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>newsrelease.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<html><head><title>STEALTHGAS INC. Announces the Results of the 2012 Annual General Meeting, New Vessel Acquisitions, and New Charter Arrangements for Eight Vessels</title></head><body><p align="right">EXHIBIT 99.1</p><h3 align="center">STEALTHGAS INC. Announces the Results of the 2012 Annual General Meeting, New Vessel Acquisitions, and New Charter Arrangements for Eight Vessels</h3><p>
	ATHENS, Greece, Oct. 31, 2012 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (Nasdaq:GASS), a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today the results of the 2012 annual general meeting of its shareholders held on Monday, October 15, 2012 at the Company's executive offices, updates on charter arrangements and other company news.</p><p>
	At the annual meeting each of the following proposals as set forth in more detail in the Notice and the Company's Proxy Statement were approved and adopted:</p><p>
	1) The re-election of Messrs. Harry N. Vafias and Markos Drakos as Class III Directors of the Company to serve until the 2015 annual meeting of shareholders; and</p><p>
	2) The appointment of Deloitte Hadjipavlou Sofianos &amp; Cambanis Certified Auditors Accountants S.A. as the Company's independent auditors for the fiscal year ending December 31, 2012.</p><p>
	<strong>Newbuilding Program</strong></p><p>
	The Company has purchased four newbuilding LPG carriers from an affiliated company for just under $100 million en bloc. The vessels are being built in a South Korean yard and are scheduled to be delivered from January to June 2014. The order encompasses four vessels, two 5,000cbm and two 6,500 cbm fully pressurized LPG carriers. The Company has already arranged for bank finance at the time of the vessels deliveries. These state of the art vessels have been designed to provide the industry with an ice-class, fuel-efficient and environment-friendly gas carrier, among other features enabling them to trade more widely.</p><p>
	<strong>Chartering Update</strong></p><p>
	The company has concluded the following seven chartering arrangements:</p><p>
	The bareboat hire for both 47,000 dwt, 2008 built, Medium Range Tankers, Navig8 Fidelity and Navig8 Faith has been reduced for one year by approximately 13% and 16% respectively; but the chartering of both vessels has been extended for one more year until January and February 2016. In the last year of the charter the rate will have a floor with a 50/50 profit split for earnings above that level.</p><p>
	The time charter for its 5,000cbm, 1994 built, LPG carrier, Gas Icon, has been extended for two years to a major oil company, until August 2014. &#160;</p><p>
	The time charters for both its 3,400cbm, LPG carriers, Gas Ice and Gas Arctic, built in 1991 and 1992 respectively, have been extended for one year, to an international petrochemical company, until January 2014.</p><p>
	The time charter for its 3,200cbm, 1990 built, LPG carrier, Gas Crystal, has been extended for one year, to an international gas trader, until October 2013.</p><p>
	The time charter for its 6,300cbm, 2007 built, LPG carrier, Gas Flawless, has been extended for two months to an international oil trader, until January 2013.</p><p>
	A two months time charter for its 7,200cbm, 2001 built, LPG carrier, Gas Premiership, to an oil company, until December 2012.</p><p>
	With the above charter arrangements the Company will secure additional future revenues of approximately $19 million.</p><p>
	Contracted coverage for the fleet is elevated to 86% for 2012 and 68% for 2013.</p><p>
	<strong>Fleet Profile and Fleet Deployment</strong></p><p>
	The table below shows the company's fleet development and deployment as of today:</p><p>
	<strong>LPG Carrier Fleet</strong></p><table cellpadding="0" cellspacing="6" style=" border-collapse: separate; border-spacing: 6px ">

		<tr>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong><strong>Vessel</strong></strong></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong><strong>Vessel <br>
				Size (cbm)</strong></strong></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong><strong>Vessel <br>
				Type</strong></strong></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong><strong>Year Built</strong></strong></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong><strong>Delivered <br>
				to GASS</strong></strong></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong><strong>Employment <br>
				Status</strong></strong></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong><strong>Charter <br>
				Expiration (1)</strong></strong></td>
		</tr>
		<tr>
			<td colspan="7" style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				CURRENT FLEET</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Cathar</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				7,517</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2001</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Oct-05</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Time Charter</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				May-13</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Esco</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				7,500</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2012</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jun-12</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Time Charter</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jun-17</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Husky</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				7,500</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2011</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jan-12</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Bareboat</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jan-17</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Premiership</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				7,200</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2001</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Mar-08</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Time Charter</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Dec 12</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Haralambos</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				7,000</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2007</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Oct-07</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Time Charter</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jun-13</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Marathon</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				6,572</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				1995</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Nov-05</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Time Charter</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Dec-12</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Moxie</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				6,526</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				1992</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				May-05</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Spot</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				--</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Flawless</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				6,300</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2007</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Feb-07</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Time charter</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jan-13</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Monarch</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				5,018</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				1997</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Dec-05</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Spot</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				--</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Lyne</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				5,014</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				1996</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				May-06</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Bareboat</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				May-13</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Emperor</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				5,013</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				1995</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Feb-05</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Spot</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				--</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Texiana</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				5,001</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				1995</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Nov-05</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Time Charter</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jan 14</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Sir Ivor</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				5,000</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2003</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				May-06</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Bareboat</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				May-13</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Icon</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				5,000</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				1994</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jun-07</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Time Charter</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Aug-14</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Defiance</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				5,000</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2008</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Aug-08</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Time Charter</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jan-15</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Shuriken</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				5,000</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2008</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Oct-08</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Time Charter</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Oct-14</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Elixir</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				5,018</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2011</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Feb-11</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Bareboat</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Dec-15</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Cerberus</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				5,018</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2011</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Apr-11</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Time Charter</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jul-13</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Myth</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				5,018</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2011</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Sep-11</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Time Charter</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Nov-14</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Sincerity</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				4,123</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2000</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Nov-05</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Bareboat</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Aug-14</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Spirit</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				4,112</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2001</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Dec-05</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Bareboat</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jan-16</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Zael</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				4,111</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2001</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Dec-05</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Bareboat</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Feb-14</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Kaizen</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				4,109</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				S.R.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				1991</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Nov-04</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Spot</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				--</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Evoluzione</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				3,517</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				1996</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jul-07</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Spot</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				--</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Astrid</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				3,500</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2009</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Apr-09</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Bareboat</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				April-14</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Legacy</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				3,500</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				1998</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Oct-05</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Spot</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				--</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Sikousis</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				3,500</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2006</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Aug-07</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Bareboat</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				May-16</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Exelero</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				3,500</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2009</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jun-09</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Bareboat</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jun-14</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Arctic</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				3,434</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				S.R.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				1992</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Apr-05</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Time Charter</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jan-13</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Ice</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				3,434</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				S.R.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				1991</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Apr-05</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Time Charter</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jan-13</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Chiltern</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				3,312</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				1997</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jun-07</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Bareboat</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				May-13</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Pasha</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				3,244</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				1995</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jun-06</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Time Charter</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jan-15</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Gas Crystal</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				3,211</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				S.R.</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				1990</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Nov-05</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Time Charter</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Oct-13</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				<strong>FLEET TOTAL:<br>
				33 VESSELS</strong></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong>161,822<br>
				cbm</strong></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				&#160;</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				&#160;</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				&#160;</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				&#160;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				&#160;</td>
		</tr>
		<tr>
			<td colspan="7" style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Additional Vessels (with delivery date)</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				TBN</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				5,000</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2014</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jan-14</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				&#160;</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				&#160;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				TBN</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				5,000</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2014</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Mar-14</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				&#160;</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				&#160;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				TBN</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				6,500</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2014</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Mar-14</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				&#160;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				&#160;</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				TBN</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				6,500</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				F.P</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2014</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jun-14</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				<strong>&#160;</strong></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				<strong>&#160;</strong></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				TOTAL LPG CARRIER FLEET:<br>
				37 VESSELS</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				184,822 cbm</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				<strong>&#160;</strong></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				<strong>&#160;</strong></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				<strong>&#160;</strong></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				<strong>&#160;</strong></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				<strong>&#160;</strong></td>
		</tr>

</table><p>
	<strong><strong>Tanker Fleet </strong></strong></p><table cellpadding="0" cellspacing="6" style=" border-collapse: separate; border-spacing: 6px ">

		<tr>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong>Vessel</strong></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong>Vessel Size <br>
				(dwt)</strong></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong>Vessel <br>
				Type</strong></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong>Year Built</strong></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong>Delivered <br>
				To GASS</strong></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong>Employment <br>
				Status</strong></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong>Charter <br>
				Expiration (1)</strong></td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Navig8 Fidelity</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				47,000</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				MR Product Tanker</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2008</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jan-08</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Bareboat</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jan-16</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Navig8 Faith</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				47,000<br>
				&#160;</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				MR Product Tanker</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2008</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Feb-08</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Bareboat</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Feb-16</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Alpine Endurance</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				46,000</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				MR Product<br>
				Tanker</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2009</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jul-09</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Time Charter</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jul-16</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				Spike</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				115,804</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Aframax Oil Tanker</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				2010</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Jul-10</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Bareboat</td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				Aug-15</td>
		</tr>
		<tr>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				<strong>TOTAL</strong><br>
				<strong>TANKER FLEET:&#160;</strong><br>
				<strong>4 VESSELS</strong></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong>255,804</strong><br>
				<strong>dwt</strong></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong>&#160;</strong></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong>&#160;</strong></td>
			<td style="font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;">
				<strong>&#160;</strong></td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				&#160;</td>
			<td style="font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;">
				&#160;</td>
		</tr>

</table><ul>
	<li>
		F.P.: Fully-Pressurized</li>
	<li>
		S.R.: Semi-Refrigerated</li>
	<li>
		M.R.: Medium Range</li>
</ul><p>
	(1)&#160;&#160;&#160; Earliest date charters could expire.&#160;</p><p>
	<strong>About STEALTHGAS INC. </strong></p><p>
	Headquartered in Athens, Greece, STEALTHGAS INC. is a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry.&#160;STEALTHGAS INC. currently has a fleet of 33 LPG carriers with a total capacity of 161,822 cubic meters (cbm), three M.R. product tankers and one Aframax oil tanker with a total capacity of 255,804 deadweight tons (dwt). The Company has purchased four newbuilding LPG carriers with expected delivery in 2014. Once the delivery of these acquisitions is completed, STEALTHGAS INC's fleet will be composed of 37 LPG carriers with a total capacity of 184,822 cubic meters (cbm). STEALTHGAS INC's shares are listed on the NASDAQ Global Select Market and trade under the symbol "GASS".</p><p>
	<strong>Forward-Looking Statements</strong></p><p>
	Matters discussed in this release may constitute forward-looking statements. Forward-looking statements reflect our current views with respect to future events and financial performance and may include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management's examination of historical operating trends, data contained in our records and other data available from third parties. Although STEALTHGAS INC. believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, STEALTHGAS INC. cannot assure you that it will achieve or accomplish these expectations, beliefs or projections. Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including changes in charter hire rates and vessel values, charter counterparty performance, changes in demand that may affect attitudes of time charterers to scheduled and unscheduled dry dockings, changes in STEALTHGAS INC's operating expenses, including bunker prices, dry-docking and insurance costs, ability to obtain financing and comply with covenants in our financing arrangements, or actions taken by regulatory authorities, potential liability from pending or future litigation, domestic and international political conditions, potential disruption of shipping routes due to accidents and political events or acts by terrorists. Risks and uncertainties are further described in reports filed by STEALTHGAS INC. with the U.S. Securities and Exchange Commission.</p><p>
	Visit our website at www.stealthgas.com</p><pre>CONTACT: Konstantinos Sistovaris
         Chief Financial Officer
         STEALTHGAS INC.
         011-30-210-6250-001
         E-mail: sistovaris@stealthgas.com</pre></body></html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
