NVGS Navigator Holdings

Navigator Gas Releases 2024 Sustainability Report

Navigator Gas Releases 2024 Sustainability Report

LONDON, May 07, 2025 (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 the publication of its 2024 Sustainability Report.

The , which is available on our website in the ‘Investors Centre’ section under ‘Financials’ then ‘Annual Reports’, provides a comprehensive overview of our continued commitment to sustainable operations. It details Navigator Gas’ efforts to reduce its environmental impact, improve diversity, and implement high standards of corporate governance by conducting our business responsibly and ethically.

Some highlights from our 2024 Sustainability Report include:

  • The significant investments we are making in energy efficiency technologies, such as anti-fouling hull coatings, propeller boss cap fins, trim optimisation, digitalisation, fuel optimisation and alignment with industry decarbonisation frameworks.
  • The progress we are making in several partnerships and collaborations, including Azane Fuel Solutions, Ten08 blue ammonia and projects around CO2 transportation.
  • Our Morgan’s Point Terminal expansion, leading to an increased export capacity with plans to introduce capabilities to connect seagoing vessels to onshore power (cold ironing) to further reduce fuel consumption and consequent emissions whilst alongside.
  • Our ability to maintain our financial strength and profitability whilst investing in low-carbon infrastructure.
  • The approach we have taken towards improving gender balance, training and professional development of our seagoing and shore-based staff, occupational health, safety and wellbeing.
  • How we maintain and uphold high standards of business integrity and ethical conduct, both within Navigator Gas, and the efforts we are making to improve the visibility of potential sustainability risks within our supply chain.

Mads Peter Zacho, CEO of Navigator Gas, commented:

“At Navigator, sustainability is integral to our long-term business strategy and vision. 2024 has been a year of continued progress. I’m proud of the headway we have made in improving fuel efficiency across the fleet, our collaborations through partnerships such as Azane Fuel Solutions, Ten08 and BlueStreak. It is my firm belief that capitalising on the opportunities that the energy transition presents to us is going to be a key driver of our continued success. Our team has compiled this comprehensive report, outlining our key activities supported with data, and I hope that you enjoy reading it.”

About Navigator Gas

Navigator Holdings Ltd. (described herein as “Navigator Gas” or the “Company”) 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 Gas’ fleet consists of 59 semi- or fully-refrigerated liquefied gas carriers, 28 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 Gas’ common stock trades on the New York Stock Exchange under the symbol “NVGS”.

For media enquiries or further information, please contact:

Alexander Walster

Head of ESG & Communications

Email:

Verde, 10 Bressenden Place, London, SW1E 5DH, UK

Tel: +44 (0)7857 796 052, +44 (0)20 7045 4114

Navigator Gas Investor Relations

Email: ,

333 Clay Street, Suite 2400, Houston, Texas, U.S.A. 77002

Tel: , +44 (0)20 7340 4850

Investor Relations / Media Advisors

Nicolas Bornozis / Paul Lampoutis

Capital Link – New York

Tel:

Email:    

Forward Looking Statements

This press release contains certain forward-looking statements concerning plans and objectives of management for future operations or economic performance, or assumptions related thereto, including statements relating to Navigator Gas’ strategy for sustainability.

In addition, we and our representatives may from time to time make other oral or written statements that are also forward-looking statements. Such statements include, in particular, statements about our plans, strategies, business prospects, changes and trends in our business and the markets in which we operate.

In some cases, you can identify the forward-looking statements by the use of words such as “may,” “could,” “should,” “would,” “expect,” “plan,” “seek,” “target,” “aim,” “become,” “anticipate,” “intend,” “forecast,” “believe,” “estimate,” “predict,” “propose,” “potential,” “continue,” “scheduled,” or the negative of these terms or other comparable terminology.

These forward-looking statements involve many risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, those set forth in the periodic reports Navigator Gas files with the Securities and Exchange Commission.

All forward-looking statements included in this press release are made only as of the date of this press release. New factors emerge from time to time, and it is not possible for us to predict all these factors. Further, we cannot assess the impact of each such factor on our business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward-looking statement.

We expressly disclaim any obligation to update or revise any of these forward-looking statements, whether because of future events, new information, a change in our views or expectations, or otherwise. We make no prediction or statement about the performance of our common stock.

Category: General



EN
07/05/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Navigator Holdings

 PRESS RELEASE

Navigator Gas Announces Preliminary First Quarter 2025 Results (Unaudi...

Navigator Gas Announces Preliminary First Quarter 2025 Results (Unaudited) LONDON, May 14, 2025 (GLOBE NEWSWIRE) -- First Quarter Financial Highlights On May 14, 2025, the Board of Navigator Holdings Ltd., (NYSE: NVGS) (“Navigator Holdings,” "Navigator Gas," “our,” “we,” “us” or the “Company”) declared a cash dividend of $0.05 per share of the Company's common stock for the quarter ended March 31, 2025, under the Company's Return of Capital policy, payable on June 17, 2025, to all shareholders of record as of the close of business U.S. Eastern Time on May 29, 2025 (...

 PRESS RELEASE

Navigator Gas Announces 2025 Annual Meeting

Navigator Gas Announces 2025 Annual Meeting LONDON, May 09, 2025 (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, today announces that its 2025 Annual Meeting will be held at 09:00 A.M. local time on June 16, 2025, at the offices of Baker Botts LLP, 30 Rockefeller Plaza, New York, New York, 10112, U.S.A. The record date for voting at the Annual Meeting is set as May 5, 2025. At the Annual Meeting, shareholders will vote on the election o...

 PRESS RELEASE

Navigator Gas Announces Change to Board of Directors

Navigator Gas Announces Change to Board of Directors LONDON, May 09, 2025 (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 the following change to its board of directors (the “Board”) with effect from June 16, 2025: Yngvil Åsheim, who joined the Company’s Board in June 2023, as a designee of BW Group Limited, and who served on and contributed significantly to the Company’s Compensation and ESG Committees, resigns as a director....

Jørgen Lian
  • Jørgen Lian

Navigator Holdings Ltd (Buy, TP: USD18.00) - Choppy waters, healthy ca...

The LPG shipping market is facing multiple headwinds – trade tensions, Iran risk, and potential OPEC+ crude increases – all weighing on freight prospects. However, ethane, which makes up most of Navigator’s near-term spot exposure, is likely exempt from the trade war. Thus, combined with steady terminal earnings, we still expect healthy cash flows. We reiterate our BUY, but have reduced our target price to USD18 (23) on higher risk.

 PRESS RELEASE

Navigator Gas Releases 2024 Sustainability Report

Navigator Gas Releases 2024 Sustainability Report LONDON, May 07, 2025 (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 the publication of its 2024 Sustainability Report. The , which is available on our website in the ‘Investors Centre’ section under ‘Financials’ then ‘Annual Reports’, provides a comprehensive overview of our continued commitment to sustainable operations. It details Navigator Gas’ efforts to reduce its environ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch