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NEWS INTELLIGENCE ARCHIVE
03 AUG 2026 MONDAY
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New York-listed Navigator Holdings has bolstered its orderbook for liquefied ethylene gas carriers with two additional 48,500 cu m newbuilds. The world’s top player in the handysize LPG carrier segment has exercised an option at Jiangnan Shipyard in China at about $102.9m per ship, for delivery in November 2027 and January 2028. The vessels will be of the same specification as the two newbuilds announced in August and able to carry a variety of gas products, such as ethylene and ethane, as well as LPG and clean ammonia. The units will feature ethane dual-fuel engines, be ammonia fuel-ready, and be fit to cross the former and the new Panama Canal locks. Navigator currently boasts a fleet of 56 semi- or fully-refrigerated liquefied gas carriers and owns a 50% stake in an ethylene export marine terminal at Morgan’s Point in Texas. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsUnited Kingdom
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news Splash247 ·2024-11-21

Navigator boosts ethylene carrier orderbook

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