Mariners Rescued from Disabled Barge Off Rhode Island
Three mariners were rescued from a disabled barge off the coast of Point Judith, Rhode Island on Wednesday after their tug sank. The U.S. Coast Guard reports that watchstanders at...
StealthGas announced today four new additions to their newbuilding program consisting of two Korean-built 22,000 cbm semi-refrigerated LPG carriers and two Japanese-built pressurized LPG carriers of 7,500 cbm and 7,200 cbm capacities, respectively.
With the additions came two deletions however, in the form of a pair of 5,000 cbm ships being constructed in Korea.
The ships are all scheduled to be delivered in 2016.
StealthGas’ fleet expansion program consists of 19 new LPG carriers, two of which have been delivered in March and May of this year already. The company notes the $308 million in financing for the remainder of the ships will come from a combination of bank financing and available cash.
Along with the newbuilding announcements, StealthGas notes a plethora of new charter party agreements including:
StealthGas’ CEO Harry Vafias expressed optimism that “good times are ahead” with the trio of 7-year bareboat charters and the new vessel orders.
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