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GlobeNewswire·

STEALTHGAS INC. - Commercial Update

  • StealthGas Inc. (NASDAQ: GASS) confirmed the insurance matter regarding its vessel Eco Wizard has been resolved and compensation received.
  • The company plans to sell the damaged Eco Wizard to third parties without receiving monetary value from the transaction.
  • The vessel previously stranded in the Persian Gulf following hostilities has safely exited the Straits of Hormuz without incident.
  • StealthGas operates a fleet of 26 LPG carriers with a total capacity of 288,542 cubic meters.
  • The company's shares trade on the Nasdaq Global Select Market under the symbol "GASS".