StealthGas has taken delivery of the final ship in a 26-strong newbuilding programme at a time the LPG market is on the up.

Nasdaq-listed StealthGas has today welcomed the 22,000-cbm Eco Freeze, completing what is the largest newbuilding project in the history of the Vafias family’s shipping business.

Harry Vafias, chief executive of StealthGas, tells TradeWinds the expansion has pushed the company’s asset base to $1.1bn.