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StealthGas, Inc. Message Board

  • citiccgirl citiccgirl May 1, 2013 1:05 PM Flag

    GASS has no publicly traded peers, so it is essentially a pure play in the rapidly expanding LPG Tanker Market

    GASS article...no wonder i couldn't find any other LPG tanker companies

    LPG Production Growth & Shortage of LPG Tanker Capacity

    "The nation is in the midst of an oil & natural gas drilling boom that is expected to last for years and advanced recovery methods (fracking) are helping production soar. U.S. LPG shipments rose 33% last year and annual U.S. shipments will reach 12 million metric tons by 2015, more than doubling 2012 levels. There are no pressurized ships available in the U.S., and while there is a worldwide glut of crude oil tankers, there is an acute shortage of LPG pressurized vessels that is worsening! GASS is in the process of purchasing 5 additional pressurized ships to address increased demand for LPG transport services that is being fueled by recent U.S. Coast Guard regulation changes allowing the shipping of LPG from U.S. ports.
    GASS has no publicly traded peers, so it is essentially a pure play in the rapidly expanding LPG ocean transportation service sector, and it is well-positioned to respond to the increased demand for its services."

    http://seekingalpha.com/article/1371461-stealthgas-high-octane-for-your-portfolio

    Sentiment: Strong Buy

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    • Vladimir Jelisavcic was on fast Money the other night too he is bearish across the board on stocks and shipping stocks other than LNG Tankers and Product and Chemical Tankers. He is very bullish on these two shipping sectors. Vladimir Jelisavcic... a lot of good stuff on distressed debt too if anyone is interested in that

      GASS is one of the only Product and Chemical tankers...no competition and such a beautiful fleet

      The Liquid Petroleum Gas market increased dramatically after the 1973 oil crisis. Oil-producing countries became wealthier, while newly established national oil companies entered the market dynamically. LPG plants were being built worldwide as countries realized that the exports of LPG could generate a significant monetary return. The LPG market became truly global at this time.

      LPG is produced commercially in two ways: It is extracted from natural gas or crude oil streams during initial processing, and it is obtained during the refining of crude oil. The two principal LPGs are propane and butane, and liquefaction reduces their volume by 270 times and 230 times respectively.

      Most LPG produced in the world is used for heating and cooking, but large quantities are used as refinery feedstock, for example to improve gasoline quality, and as fuel for transportation vehicles or stationary generators (autogas).

      Ammonia (NH3) is an important cargo in the liquefied gas trades. It is predominantly obtained by steam reforming natural gas and adding nitrogen and hydrogen. The main use of ammonia is in the production of fertilizers, but another important market its industrial application, mainly cooling and cleaning.

      Sentiment: Strong Buy

 
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3.37+0.03(+0.90%)Jul 26 3:59 PMEDT