Exhibit 8



Subsidiaries of StealthGas Inc.



|                            |                              
|--------------------------- | -----------------------------
|Subsidiary                  | Jurisdiction of Incorporation
|Access Consultants Co.      | Marshall Islands             
|Alexis Shipholding S.A.     | Marshall Islands             
|Aracruz Trading Ltd.        | Marshall Islands             
|Atlas Investments S.A.      | Marshall Islands             
|Aubine Services Ltd.        | Marshall Islands             
|Aura Gas Inc.               | Marshall Islands             
|Balcan Profit Limited       | Malta                        
|Balkan Holding Inc.         | Marshall Islands             
|Baroness Holdings Inc.      | Marshall Islands             
|Cannes View Inc.            | Marshall Islands             
|Carinthia Inc.              | Marshall Islands             
|Cedric Finance Inc.         | Marshall Islands             
|Celidon Investments Inc.    | Marshall Islands             
|Clean Power Inc.            | Marshall Islands             
|Continent Gas Inc.          | Marshall Islands             
|Delora Trading Company      | Marshall Islands             
|Drew International Inc.     | Marshall Islands             
|East Propane Inc.           | Marshall Islands             
|Ecstasea, Inc.              | Marshall Islands             
|Empire Spirit Ltd.          | Marshall Islands             
|Espace Inc.                 | Marshall Islands             
|Energetic Peninsula Limited | Hong Kong                    
|Energetic Tank Inc.         | Marshall Islands             
|Event Holdings Inc.         | Marshall Islands             
|Evolution Crude Inc.        | Marshall Islands             
|Evolution Inc.              | Marshall Islands             
|Fairdeal Enterprises Corp.  | Marshall Islands             





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|                                |                 
|------------------------------- | ----------------
|Fighter Gas Inc.                | Marshall Islands
|Financial Power Inc.            | Marshall Islands
|Floyd Properties Co.            | Marshall Islands
|Gastech Inc.                    | Marshall Islands
|Gaz de Brazil Inc.              | Marshall Islands
|Geneve Butane Inc.              | Marshall Islands
|Grazia Maritime Ltd.            | Marshall Islands
|Heather Trading S.A.            | Marshall Islands
|Iceland Limited                 | Malta           
|Imperial Products Inc.          | Marshall Islands
|Independent Trader Ltd.         | Marshall Islands
|Industrial Materials Inc.       | Marshall Islands
|International Gases Inc.        | Marshall Islands
|Italia Trades Inc.              | Marshall Islands
|Jungle Investment Limited       | Malta           
|Kalinda Shipmanagement Ltd.     | Marshall Islands
|King of Hearts Inc.             | Marshall Islands
|Leader Investments Inc.         | Marshall Islands
|Lpgone Ltd.                     | Marshall Islands
|Luckyboy Inc.                   | Marshall Islands
|Lulluby Products Inc.           | Marshall Islands
|Lyonet Holdings Corp.           | Marshall Islands
|Matrix Gas Trading Ltd.         | Marshall Islands
|Melvyn Services Company         | Marshall Islands
|Mr. Roi Inc.                    | Marshall Islands
|Neutron Marine Corp.            | Marshall Islands
|Northern Yield Shipping Limited | Cyprus          
|Ocean Blue Limited              | Marshall Islands
|Octopus Gas Inc.                | Marshall Islands
|Optasia Inc.                    | Marshall Islands
|Oswald Trading Limited          | Marshall Islands
|Oxford Gas Ltd.                 | Marshall Islands





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|                          |                 
|------------------------- | ----------------
|Pacific Gases Ltd.        | Malta           
|Pelorous Inc.             | Marshall Islands
|Petchem Trading Inc.      | Marshall Islands
|Quinta Trading Co.        | Marshall Islands
|Razorblade Inc.           | Marshall Islands
|Reina Properties Corp.    | Marshall Islands
|Rising Sun Inc.           | Marshall Islands
|Sabrina Enterprises S.A.  | Marshall Islands
|Scope International Inc.  | Marshall Islands
|Semichlaus Exports Ltd.   | Malta           
|Soleil Trust Inc.         | Marshall Islands
|Somer Shipmanagement S.A. | Marshall Islands
|Southern Industries Inc.  | Marshall Islands
|SpaceGas Inc.             | Marshall Islands
|Studio City Inc.          | Marshall Islands
|Tatoosh Beauty Inc.       | Marshall Islands
|Transgalaxy Inc.          | Marshall Islands
|Triathlon Inc.            | Marshall Islands
|VCM Trading Ltd.          | Marshall Islands
|Ventspils Gases Ltd.      | Malta