Operating profit at Wilbur Ross' Navigator soars

Gas carrier Navigator Holdings, which in 2013 acquired 11 ships from Maersk Tankers, increased its profits, though a ship fire weighed down the carrier's fleet utilization rate.

Navigator Holdings, which owns and operates the world's largest fleet of Handysize gas vessels after acquiring 11 ships from Maersk Tankers last year, finished 2013 with an operating profit (EBITDA) of USD 106 million, compared to USD 63.9 million in 2012.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading