A positive market view coupled with an attractive charter book and bank balance drew the positive view from analyst Doug Mavrinac.
Steath, fresh from a stellar fourth quarter, has $120m in firepower to add both new and second hand tonnage.
"This provides the company with additional potential organic growth opportunities on top of the expected margin expansion opportunities in 2013 and 2014 as a result of the expected increases in LPG shipping charter rates,” Mavrinac said.
