Navigator Holdings formed with the purpose of building and operating a fleet of five semi-refrigerated, ethylene-capable gas carriers
The Company’s initial vessels came into operation in 2000.
Navigator Holdings’ entire ownership and management changed following the Company’s emergence from Chapter 11.
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.
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
Initial Public Offering at $19 per share on the New York Stock Exchange (NVGS).
Navigator Gas moved into the mid-sized market, commissioning newbuild ethylene vessels with increased capacity accommodating the needs of the Company’s business partners
Navigator announced an intention to develop an ethylene marine export terminal.
Navigator and Enterprise announce location and construction under way of the ethylene export terminal.
Commercial operations of the ethylene export terminal commences following the completion of phase 1 of the construction.
30,000cbm tank successfully constructed completing phase 2 of the ethylene export terminal maximizing throughput capacity to 1.0 million tons per annum.
Star Sea Management Private Limited is providing exclusive Manning & Crewing Services for its Foreign and Indian shipping clients with equal tie-ups with Ship Owners,Ship Management Companies or Owner’s Representatives and Managers.