Navigator Holdings Ltd. Announces 2023 Annual Meeting
Published: 24th May 2023
May 24, 2023 – Navigator Holdings Ltd. (“Navigator” and the “Company”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize...
Connecting the world today, creating a sustainable tomorrow
Shipping and logistics is a complex and fragmented industry; we understand that whether you’re a producer or a trader, you’re looking for new opportunities and new ways to reach new markets. Our unique combination of integrated logistics and expertise are your guide for these new opportunities.
Since our launch in 2000 we have focused on growing our fleet of liquefied gas carriers, initially specializing in the handysize sector. We transport liquefied petroleum gas (LPG), petrochemical gases and ammonia for energy companies, industrial users and commodity traders. With a new management team in place from 2006, the business has achieved rapid and sustained growth and we now own and operate the world’s largest fleet of handysize gas carriers. In 2020 we expanded our presence on the value chain by opening a new ethylene export terminal in Houston, Texas, together with Enterprise Product Partners, which will better integrate our logistic services to our customers.
2022
Entered into a 60/40 joint venture with Greater Bay Gas Co. Ltd. to acquire 5 ethylene vessels over a period of 12 months.
2021
Successfully completed the merger of Ultragas ApS' fleet and business activities with our own, adding 18 vessels and uniting two leading gas shipping companies.
2020
30,000cbm tank successfully constructed completing phase 2 of the ethylene export terminal maximizing throughput capacity to 1.0 million tons per annum.
2019
Commercial operations of the ethylene export terminal commences following the completion of phase 1 of the construction.
2018
Navigator and Enterprise announce location and construction under way of the ethylene export terminal.
2017
Navigator announced an intention to develop an ethylene marine export terminal.
2016
Navigator Gas moved into the mid-sized market, commissioning newbuild ethylene vessels with increased capacity accommodating the needs of the Company’s business partners
2013
Initial Public Offering at $19 per share on the New York Stock Exchange (NVGS).
2012
The Company acquired 11 handysize gas vessels from Maersk Tankers for USD 470 million and gained the position as the world’s largest owner of handysize gas vessels
2011
Invesco, the Company’s largest shareholder, made their first investment by acquiring 2.5m shares. Later becoming majority shareholder in 2012 following their acquisition of the Lehman Brothers shareholding.
2006
Navigator Holdings’ entire ownership and management changed following the Company’s emergence from Chapter 11.
2000
The Company’s initial vessels came into operation in 2000.
1997
Navigator Holdings formed with the purpose of building and operating a fleet of five semi-refrigerated, ethylene-capable gas carriers
Navigator at a glance
Safety
900+ Lost Time Incident Free Days
Reliability
Achieving better scores during ship inspections than industry benchmarks
Efficiency
Innovating in everything we do and focusing on increasing efficiencies
Emissions
Vessel converted to ethane fuel with annualised carbon reduction similar to taking 4,000 cars off of the road
Navigator Team
1,700 Officers & Crew
140 On-Shore Team Members
6 Shore Locations in London, Houston, Gdynia, Riga, Copenhagen and Manila
Vessels
55 Sophisticated Gas Carriers
Terminal
World's largest ethylene export terminal with annual 1M metric ton capacity
Flexibility
We handle the most complex liquefied gases for our customers; LPG, Petrochemicals & Ammonia.
Cargo in 2020
400 Ship-to-Ship Operations
1,281 Port Calls
6.3 Million Metric Tons Transported
We pride ourselves on identifying the most appropriate, efficient and cost-effective seaborne gas transportation solutions for our business partners. We apply a ‘can do’ approach to even the most challenging situations, freely sharing our expertise with business partners and terminals in the spirit of mutually-beneficial collaboration.
Board Members
| Name | Audit Committee | Remuneration Committee | Nomination Committee |
|---|---|---|---|
|
Independent Director
Audit Committee: Member
|
Member | ||
|
Non-Executive Chairman of the Board and Director |
|||
|
Director
Remuneration Committee: Member
|
Member | ||
|
Director
Nomination Committee: Member
|
Member | ||
|
Independent Director
Remuneration Committee: Member Audit Committee: Member
|
Member | Member | |
|
Independent Director
Remuneration Committee: Chair Nomination Committee: Chair Audit Committee: Member
|
Member | Chair | Chair |
|
Independent Director
Audit Committee: Chair Nomination Committee: Member
|
Chair | Member |
Company Secretary
| Name |
|---|
|
Company Secretary |
Join Us
We’re Navigator Gas, the owner and operator of the world’s largest fleet of handysize liquefied gas carriers. Whether you are a graduate or an experienced professional, discover the impact you could make with a career at Navigator Gas.
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