StealthGas Redeploys Fleet of LPG Ships to U.S. as Huge New Market Develops

(Bloomberg) -- Record U.S. exports of liquefied petroleum gas are spurring StealthGas Inc. to redeploy tankers as far as 13,500 miles to take advantage of one of the few capacity shortages in global shipping. The owner with the most LPG carriers will have 25 percent of its fleet in the Americas by December, from about 15 percent now, Chief Executive Officer Harry Vafias said … [Read more...]

For Immediate Pick Up – Stealth Ship w/ Housing Barge – A Must See!

This article from the Wall Street Journal was brought to our attention through Maritime Network group on LinkedIn and we thought that perhaps there might be some gCaptain readers out there that might be interested.  The article reads: Anybody want some top-secret seagoing vessels? The Navy has a pair it doesn't need anymore. It has been trying to give them away since 2006, and … [Read more...]

US Navy’s M80 Stiletto Finally Sees Action

Under military testing since 2006 the US Navy's M80 Stiletto was put into action this week. Marine Link reports: The Pentagon's high-speed, shallow-draft “Stiletto” ship, designed and built by M Ship, completed a successful 6,000 nautical-mile deployment on a drug interdiction and apprehension mission in the waters off Colombia, the Bahamas and the Florida Straits. … [Read more...]