The sale of its 7,200-cbm Gas Premiership (built 2001) to an undisclosed buyer will bring net proceeds of $7m, it said.

StealthGas will continue to operate the vessel on a four-year bareboat charter.

It also said the latest agreed charters for nine vessels will increase the company’s contracted revenue to $235m.

The 5,000-cbm Gas Shuriken and Gas Defiance (both built 2008) were hired by an international trading house for three years.

Seven