LONDON, May 01, 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, is pleased to announce the release of its latest Environmental, Social and Governance ("ESG") report (the "ESG Report") today, showcasing the Company's commitment to sustainability and social responsibility. The comprehensive ESG Report provides an overview of Navigator Gas, its business m ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report Commission file number: 001-36202 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) or (g) OF THE SECURITIES E ...

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 December 31, 2023 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 wi ...

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, 2023 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 ...

| --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------------|-------------|---------------|---------------------------|---------------|-----------------| | | Year | Vessel Size | Employment | Current Cargo | Time Charter | | Operating Vessel Ethylene/ethane capable semi-refrigerated midsize | Built | (cbm) | Status | | Expiration Date | | Navigator Aurora | | | | | | | Navigator Eclipse | 2016 | 37,300 | Time Charter | Ethane | December 2026 | | Navigator Nova ...

Navigator Holdings Ltd. (NYSE:NVGS) Q2 2023 Earnings Conference Call August 17, 2023 10:00 AM ET Company Participants Randy Giveans - EVP, IR and Business Development Mads Peter Zacho - CEO Oeyvind Lindeman - Chief Commercial Officer Conference Call Participants Ben Nolan - Stifel Omar Nokta - Jefferies Operator You have joined the meeting as an attendee and will be muted throughout the meeting. Randy Giveans Navigator Holdings Conference Call for the Second Quarter 2023 Financial Results. We have with us M ...

Navigator Holdings Ltd. (NYSE:NVGS) Q1 2023 Earnings Conference Call May 23, 2023 10:00 AM ET Company Participants Randy Giveans - EVP, IR and Business Development Mads Peter Zacho - CEO Niall Nolan - CFO Oeyvind Lindeman - Chief Commercial Officer Conference Call Participants Omar Nokta - Jefferies Ben Nolan - Stifel Randy Giveans [Abrupt Start] With us today, we have Mr. Mads Peter Zacho, Chief Executive Officer; Mr. Niall Nolan, Chief Financial Officer; Mr. Oeyvind Lindeman, Chief Commercial Officer and ...

F | --- | --- | --- | --- | |---------------------------------------------------|-------|-------|-------| | | | | | | | | | | | | | | | | First Quarter 2023 Earnings Presentation May 2023 | | | | | | | | | This presentation contains certain statements that may be deemed to be "forward- looking statements" within the meaning of applicable federal securities laws. Most forward-looking statements contain words that identify them as forward-looking, such as "may", "plan", "seek", "will", "expect", "intend", "es ...

Table of Contents REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the Quarter Ended March 31, 2023 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 will file annual reports under cover of Form 20-F or Form 40-F. Form 2 ...

Financial Performance - Total operating revenues increased to $473,792 thousand in 2022, up 16.4% from $406,481 thousand in 2021[21] - Net income attributable to stockholders of Navigator Holdings Ltd. was $53,473 thousand in 2022, a significant recovery from a net loss of $30,964 thousand in 2021[21] - Adjusted EBITDA rose to $212,676 thousand in 2022, compared to $160,263 thousand in 2021, reflecting a 32.7% increase[25] - Operating income improved to $60,662 thousand in 2022, compared to an operating loss of $2,951 thousand in 2021[21] - Cash, cash equivalents, and restricted cash increased to $153,194 thousand as of December 31, 2022, up from $124,223 thousand in 2021[22] - Operating revenues for 2022 reached $405.346 million, an increase of 14.8% from $352.922 million in 2021[29] - Net cash provided by operating activities was $130,308 thousand in 2022, an increase from $97,941 thousand in 2021[22] Fleet and Operations - The company operates a fleet of 56 vessels, with some employed in the spot market, exposing it to fluctuations in charter rates[48] - Fleet utilization remained stable at 89.0% in 2022, consistent with the previous year[22] - Earning days increased to 14,010 in 2022, compared to 12,688 in 2021, reflecting improved fleet utilization[29] - Voyage expenses rose to $78.674 million in 2022, up from $71.953 million in 2021, indicating increased operational costs[29] - The average daily time charter equivalent rate increased to $23,317 in 2022, up from $22,145 in 2021[22] Market and Economic Conditions - Future growth in demand for services is contingent on global economic conditions and the demand for liquefied gas transportation[42] - The company faces potential adverse impacts on financial condition and operating results if demand for liquefied gases and seaborne transportation does not grow, influenced by various market factors[55] - The cyclical nature of charter rates for liquefied gas carriers may lead to volatility in profitability and vessel values[41] - The ongoing conflict between Russia and Ukraine could disrupt supply chains and impose economic sanctions, adversely affecting the company's operations and financial condition[77] Regulatory and Compliance Risks - The company has obligations to comply with various sanctions and embargo laws globally, and any violations could severely impact its reputation and market access[88] - Compliance with anti-corruption laws is critical, as violations could result in substantial fines and damage to the company's reputation[114] - The regulatory environment surrounding data privacy is evolving, and non-compliance could lead to significant fines and increased operational costs[117] - The company must comply with economic substance regulations in the Marshall Islands, which require entities to demonstrate adequate management, income-generating activities, and physical presence[192] Environmental and Climate Risks - Climate change poses significant operational and financial risks, particularly for the Ethylene Export Terminal in Houston, Texas, which may be affected by rising sea levels and extreme weather events[135] - Compliance with extensive environmental regulations may lead to substantial expenses and operational limitations[130] - The IMO's new regulations aim for a 40% reduction in carbon emissions by 2023 compared to 2008, requiring ships to meet specific energy efficiency standards[138] - Companies that do not comply with evolving ESG standards may face reputational damage and hindered access to capital, impacting their financial condition[141] Financial Obligations and Debt - The company has outstanding debt of $464.7 million subject to interest rate swaps, while $397.3 million is subject to variable interest rates, indicating exposure to interest rate fluctuations[167] - A hypothetical increase of 100 basis points in SOFR or U.S. LIBOR would raise annual interest payments by $4.0 million based on the debt outstanding as of December 31, 2022[167] - The company’s credit facilities bear interest rates ranging from 1.90% to 2.60% above SOFR or LIBOR, with the Terminal Facility rates at 2.5% to 3.00% above LIBOR, reflecting increased borrowing costs due to rising interest rates[166] Shareholder and Corporate Governance - The company has repurchased 1,564,333 shares between December 31, 2022, and March 17, 2023, reducing outstanding shares to 75,240,141[177] - As of March 17, 2023, principal shareholders BW Group and Ultranav collectively own approximately 57.3% of the company’s common stock, which may influence corporate actions[179] - The company currently does not pay dividends on its common stock, meaning returns for shareholders depend solely on stock price appreciation[183] - The company’s articles of incorporation contain provisions that may have anti-takeover effects, potentially discouraging unsolicited acquisition offers[198] Operational Challenges - The company continues to face operational risks related to the Ethylene Export Terminal, including potential inability to operate due to adverse weather conditions or operational issues[80] - A shortage of qualified officers could impair the company's ability to operate vessels and increase crewing costs[121] - The company may incur impairment losses if market conditions lead to a decline in vessel values, potentially breaching covenants in debt facilities[65] Strategic Initiatives - The company’s growth strategy includes selectively acquiring existing liquefied gas carriers or newbuildings, but competition may limit opportunities or increase costs[68] - The company is involved in a 50/50 joint venture for the Ethylene Export Terminal, with success dependent on the managing member's performance, which may not align with the company's interests[76]