New York-listed StealthGas has sold four LPG vessels to Far Eastern buyers, raising more than $22m in the process, brokers reported this week.

Managers at the Harry Vafias-led company declined to comment, in line with company policy not to discuss such matters, unless in public announcements.

If confirmed the four sales would mean StealthGas has accelerated its policy of offloading smaller, older units in the second quarter.