StealthGas is set to secure funding worth $135m for a series of semi-refrigerated newbuildings, it emerged this week, as the owner posted its third-quarter accounts.

Chief executive Harry Vafias says the owner has seven funding proposals on the table and expects to sign an agreement in the first quarter of next year.

Vafias says he has held off on accepting one of them as he did not want to start paying fees too far in advance of the 2017 delivery of the 21,800-cbm series from Hyundai Mipo Dockyard.

Inking