Navigator Gas delivers its best operating profit in a decade

The gas shipping company, which has the Sohmen-Pao and von Appen families as major shareholders, is thriving in a strong gas market, according to its quarterly financial statements.

Navigator Gas, led by CEO Mads Peter Zacho, has delivered its best quarterly operating earnings in ten years. | Photo: Navigator Gas

by DAG HOLMSTAD

Navigator Gas hasn’t seen these kinds of earnings since it went public in 2013, posting a record operating profit of USD 69m for the second quarter of 2023.

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Navigator Gas delivers its best operating profit in a decade

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Navigator Gas wants to collect and store clients' CO2

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Front page now

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Dubai challenges Singapore as shipping's favorite city

Opinion: Europe's key ports have become better connected after Covid

Cosco to build production chain for green methanol

Russia’s diesel ban threatens to roil global markets – if it lasts

TotalEnergies chief exec: Unreasonable to ban Russian LNG before 2025

John Fredriksen has increased his wealth by NOK 81bn this year

Hapag-Lloyd rolls out Starlink internet to entire fleet

European Energy gets new partner for methanol plant

CMA CGM and Maersk will need help in new green lobbying alliance

Habben Jansen calls on energy majors to do more for the green transition

Further reading

Cadeler boosts full-year guidance

Maersk Supply Service lays off 130 employees and two executives

Dubai challenges Singapore as shipping's favorite city

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Chief executive: Bolloré acquisition will transform Ceva's air cargo business

Jobs