Navigator Holdings completes acquisition of three handysize ethylene carriers

Navigator Holdings (NVGS) completed the final acquisition in a series of three handysize ethylene carriers that Navigator Gas committed to acquiring to complement the increased export capacity from its Export Terminal Joint Venture, as announced on January 7, 2025. Following the delivery of the first vessel, renamed Navigator Hyperion, as announced on February 19, 2025, the remaining two vessels, renamed Navigator Titan and Navigator Vesta, were delivered on February 24, 2025, and March 17, 2025, respectively. All three vessels are 17,000 cubic meter capacity liquefied ethylene gas carriers. Navigator Hyperion is currently on charter, while Navigator Titan and Navigator Vesta are expected to soon be operating in the spot market as well.