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Navigator Holdings Ltd. Announces Results of 2023 Annual General Meeting of Shareholders

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LONDON and NEW YORK, June 20, 2023 (GLOBE NEWSWIRE) -- Navigator Holdings Ltd. (“Navigator” and the “Company”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announces that its 2023 Annual General Meeting of Shareholders (the “Annual Meeting”) was held at 9 a.m. local time on June 20, 2023 at the offices of Baker Botts LLP, 30 Rockefeller Plaza, New York, New York, 10112, U.S.A..

The following proposals were approved:

  1. To elect Dag von Appen, Yngvil Åsheim, Dr. Heiko Fischer, David Kenwright, Dr. Anita Odedra, Peter Stokes and Florian Weidinger to serve as members of the board of directors of the Company (the “Board”) until the 2024 Annual General Meeting of Shareholders; and
  2. To approve the Company’s 2023 Long-Term Incentive Policy.

Andreas Sohmen-Pao, who joined Navigator’s Board in April 2022 as designee of BW Group Limited, and who served on the Company’s Remuneration Committee, retires from the Board with effect from the date of the Annual Meeting.

Dag von Appen, Navigator’s Non-Executive Chairman, commented:

“On behalf of the Board, I would like to extend our gratitude and appreciation to Andreas for his considerable contributions and service to the Company. We have been very fortunate to have had the benefit of Andreas’ extensive knowledge and experience during his tenure as a director.”

About Navigator Gas
Navigator Holdings Ltd. 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’s fleet now consists of 56 semi- or fully-refrigerated liquefied gas carriers, 25 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’s common stock trades on the New York Stock Exchange under the symbol “NVGS”.

Navigator Gas
Attention:    Investor Relations investorrelations@navigatorgas.com  
and randy.giveans@navigatorgas.com
Address: 333 Clay Street, Suite 2400, Houston, Texas, U.S.A. 77002
Tel: +1 713 373 6197 and +44 (0)20 7340 4850
   
Investor Relations / Media Advisors
Nicolas Bornozis / Paul Lampoutis
Capital Link – New York
Tel: +1-212-661-7566
Email: navigatorgas@capitallink.com
   

Category: General


Navigator Holdings Ltd.

NYSE:NVGS

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Deep Sea Freight Transportation
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United States of America
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About NVGS

we are the owner and operator of the world’s largest fleet of handysize liquefied gas carriers. we provide international seaborne transportation and regional distribution services of liquefied petroleum gas (lpg), petrochemical gases and ammonia for energy companies, industrial users and commodity traders. these gases are transported in liquefied form, under cooling temperatures and/or pressure, which can reduce volume by up to 900 times depending on the cargo, making their transportation more efficient and economical. we believe that the size and versatility of our fleet, which enables us to carry the broadest set of liquefied gases subject to seaborne transportation across a diverse range of conditions and geographies, together with our track record of operational excellence, positions us as the partner of choice for many companies requiring handysize liquefied gas transportation and distribution solutions. the versatility of our modern fleet, including ethylene, semi-refrigerated an