Core Viewpoint - Navigator Holdings Ltd. has successfully completed the expansion of its ethylene export terminal joint venture, enhancing its capacity to meet growing demand for ethylene and ethane exports [1][2][6]. Expansion Project - The Expansion Project at Morgan's Point was completed on time and within budget by late December 2024 [2]. - The project is expected to increase ethylene export capacity by at least 550,000 tons to a total of 1.55 million tons per year starting in 2025, with potential growth to 3.2 million tons per year in the future [2]. - The instantaneous ethylene refrigeration capacity will triple from 125 tons per hour to 375 tons per hour, allowing for greater flexibility and potential for additional capacity based on demand [2]. - The existing 30,000 ton refrigerated tank will continue to facilitate loading vessels at a rate of 1,000 tons per hour [2]. - An increased and extended offtake agreement has been signed with the largest offtaker, with additional volumes expected to start in Q1 2025 [2]. Acquisition of Ethylene Carriers - The company has agreed to acquire three handysize ethylene carriers for a total price of $83.9 million, which will support the expansion project [1][3]. - The vessels, with a capacity of 17,000 cubic meters each, are expected to be delivered between February and May 2025 and will operate in the spot market shortly after delivery [4]. - The acquisition will be financed through a combination of cash on hand and new debt, without issuing new capital [4]. Fleet Expansion - Following the acquisition, Navigator Gas will operate a fleet of 59 vessels, with 28 being capable of transporting ethylene and ethane [5]. - The company plays a crucial role in the liquefied gas supply chain, connecting energy companies, industrial consumers, and commodity traders [7]. Market Outlook - The CEO of Navigator Gas anticipates that demand for competitively priced US ethane and ethylene will continue to rise in the coming years, positioning the company to benefit from its expanded capabilities and infrastructure [6]. - The investments made are expected to be accretive to earnings in 2025 and beyond [6].

LONDON, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Navigator Holdings Ltd. (described herein as “Navigator Gas” or the “Company”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, has today exercised its previously announced option to construct two further 48,500 cubic meter capacity liquefied ethylene gas carriers (the “Newbuild Vessels”) with Jiangnan Shipyard (Group) Co., Ltd. and China Shipbuilding Trading Co., Ltd., (together, the “Sellers”) in China. The New ...

I am a voracious reader and self-taught investor. In the past, I was an accountant in the maritime industry. Now, I am a happy retiree passionate about writing and financial markets. As the kids are grown up, I have time to pursue my endeavors: growing my portfolio and developing my writing skills. You will find enticing investment ideas in KD Research that are not limited by region or sector. However, all of them share a few common things: • They are overlooked. • They offer asymmetric risk rewards. • They ...

Navigator Holdings (NVGS) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -14.71%. A quarter ago, it was expected that this transportaion company for the natural gas and and chemical industry would post earnings of $0.32 per share when it actually produced earnings of $0.34, deliverin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the Quarter Ended September 30, 2024 Commission File Number 001-36202 NAVIGATOR HOLDINGS LTD. (Translation of registrant's name into English) c/o NGT Services (UK) Ltd 10 Bressenden Place, London, SW1E 5DH, United Kingdom (Address of principal executive office) Indicate by check mark whether the registrant files or w ...

LONDON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Navigator Holdings Ltd. (described herein as "Navigator Gas" or the "Company") (NYSE: NVGS), the owner and operator of the world's largest fleet of handysize liquefied gas carriers, announces today that it will release its results for the three months ended September 30, 2024, after markets close in New York, on Wednesday, November 6, 2024. The next day, Thursday, November 7, 2024, at 10:00 A.M. E.T., the Company's management team will host a Zoom conference call an ...

LONDON, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Navigator Holdings Ltd. (described herein as "Navigator Gas" or the "Company") (NYSE: NVGS), the owner and operator of the world's largest fleet of handysize liquefied gas carriers, announces that today, it has successfully placed USD 100 million of new senior unsecured bonds in the Nordic bond market. The new bonds are due to mature in October 2029 and will pay a fixed coupon of 7.25% per annum, payable semi-annually in arrears. In connection with the issue, Naviga ...

Third Party-Validated Water Solutions Sustainability Navigator Compares Technology Scenarios for Carbon Emissions, Waste & Wastewater Generated, Chemical and Land Requirements WILMINGTON, Del., Sept. 25, 2024 /PRNewswire/ -- DuPont today introduced the Water Solutions Sustainability Navigator, the first digital tool designed to help users estimate key sustainability indicators when using various water treatment technologies—whether from DuPont or from other manufacturers. The Water Solutions Sustainability ...

I am senior manager working for a MBB consultancy in Europe. As part of my consultancy job, I carry out commercial due diligence in sectors beyond banking and technology. In my free time, I have been an avid individual investor for the last 10+ years. I am trained as an engineer, passed all three CFA exams, and hold an MBA from INSEAD. I am all about long-term investing in clearly undervalued shares whose companies have business models and operate in sectors I understand. I buy and patiently hold until 1) t ...

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