Tanker

Profits up by 30 percent at Ross' Navigator

Navigator Holdings, which currently has 27 gas vessels in the water and an additional 10 newbuildings on the way over the next two years, improved its profits by 30.5 percent in the first quarter.
Photo: Jose Alexandre Seba - Statoil
Photo: Jose Alexandre Seba - Statoil
BY OLE ANDERSEN

Gas carrier Navigator Holdings, which is controlled by the US-based equity fund investor Wilbur Ross, exited the first quarter 2015 with a net profit of USD 22 million, an advancement of 30.5 percent compared to the same period the year before.

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