
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...
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.
Entered into a 60/40 joint venture with Greater Bay Gas Co. Ltd. to acquire 5 ethylene vessels over a period of 12 months.
Successfully completed the merger of Ultragas ApS' fleet and business activities with our own, adding 18 vessels and uniting two leading gas shipping companies.
30,000cbm tank successfully constructed completing phase 2 of the ethylene export terminal maximizing throughput capacity to 1.0 million tons per annum.
Commercial operations of the ethylene export terminal commences following the completion of phase 1 of the construction.
Navigator and Enterprise announce location and construction under way of the ethylene export terminal.
Navigator announced an intention to develop an ethylene marine export terminal.
Navigator Gas moved into the mid-sized market, commissioning newbuild ethylene vessels with increased capacity accommodating the needs of the Company’s business partners
Initial Public Offering at $19 per share on the New York Stock Exchange (NVGS).
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
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.
Navigator Holdings’ entire ownership and management changed following the Company’s emergence from Chapter 11.
The Company’s initial vessels came into operation in 2000.
Navigator Holdings formed with the purpose of building and operating a fleet of five semi-refrigerated, ethylene-capable gas carriers
900+ Lost Time Incident Free Days
Achieving better scores during ship inspections than industry benchmarks
Innovating in everything we do and focusing on increasing efficiencies
Vessel converted to ethane fuel with annualised carbon reduction similar to taking 4,000 cars off of the road
1,700 Officers & Crew
140 On-Shore Team Members
6 Shore Locations in London, Houston, Gdynia, Riga, Copenhagen and Manila
55 Sophisticated Gas Carriers
World's largest ethylene export terminal with annual 1M metric ton capacity
We handle the most complex liquefied gases for our customers; LPG, Petrochemicals & Ammonia.
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.
Name | Audit Committee | Remuneration Committee | Nomination Committee |
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Independent Director
Audit Committee: Member
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Member | ||
Non-Executive Chairman of the Board and Director |
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Director
Remuneration Committee: Member
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Member | ||
Director
Nomination Committee: Member
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Member | ||
Independent Director
Remuneration Committee: Member Audit Committee: Member
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Member | Member | |
Independent Director
Remuneration Committee: Chair Nomination Committee: Chair Audit Committee: Member
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Member | Chair | Chair |
Independent Director
Audit Committee: Chair Nomination Committee: Member
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Chair | Member |
Name |
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Company Secretary |
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.
Take a look at our current vacancies and get in touch with us to find out more.