Navigator Holdings Ltd. is the owner and operator of the world’s largest fleet of handysize liquefied gas carriers and a global leader in the seaborne transportation services of petrochemical gases, such as ethylene and ethane, liquefied petroleum gas (“LPG”) and ammonia and owns a 50% share, through a joint venture, in an ethylene export marine terminal at Morgan’s Point, Texas on the Houston Ship Channel, USA. Navigator’s fleet now consists of 56 semi- or fully-refrigerated liquefied gas carriers, 25 of which are ethylene and ethane capable. The Company plays a vital role in the liquefied gas supply chain for energy companies, industrial consumers and commodity traders, with its sophisticated vessels providing an efficient and reliable “floating pipeline” between the parties, connecting the world today, creating a sustainable tomorrow.
Navigator’s fundamental backdrop has strengthened materially over the past year with both its shipping fleet and ethylene export terminal performing well, leading to consistent profitability. As energy infrastructure grows, demand for Navigator's existing ethylene capable carriers should continue to improve, which should be beneficial for rates.
Navigator’s common stock trades on the New York Stock Exchange under the symbol “NVGS”.