Navigator shows red figures due to low rates and costly fuel
Gas tanker Navigator Holdings, formerly owned by current US Secretary of Commerce Wilbur Ross, was pulled into deficit in Q2, particularly due to low rates and expensive bunker.
![Photo: Jose Alexandre Seba - Statoil](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article6026371.ece/ALTERNATES/schema-16_9/SPT%2520Navigator%2520tanker%2520at%2520Peregrino%2520-%2520Photo%2520Jose%2520Alexandre%2520Seba%2520-%2520Statoil.jpg)
by DANIEL LOGAN
Navigator Holdings went into the red during the second quarter of this year.
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