Listed gas carrier Navigator Holdings, which is controlled by American equity fund investor Wilbur Ross, delivered an operating profit of USD 34.6 million in the second quarter 2015, corresponding to a 25.5 percent improvement from the same period last year, primarily attributed to the carrier's growing fleet of Handysize vessels along with higher rates, according to Navigator Holdings' second quarter interim report.
Net profit in the period came to USD 26.3 million, up from USD 19.6 million in the second quarter 2014, which represents an improvement of close to 34 percent.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
Coal comeback prompts new trend within dry bulk: "It’s unfortunate for the climate, but it’s necessary right now"
Demand for coal is soaring in Europe due to Russia’s invasion of Ukraine, and the new market supports dry bulk carriers, say the chief execs of Lauritzen Bulkers, Ultrabulk and Golden Ocean to ShippingWatch.
Maersk Broker ready to mobilize within tanker: "Of course, we want to be part of it"
The tanker market has adjusted more rapidly than expected. Maersk Broker therefore wishes to expand business within tanker, requiring a strengthening of the organization, say top executives in an interview with ShippingWatch.
One alternative fuel may be particularly dangerous
In a new study – which Maersk, Shell, Euronav and MSC Ship Management, among others, are behind – the new alternative fuels are ranked based on how dangerous they are. The industry has to be careful with one of them, in particular.
Dan-Bunkering achieves billion-dollar revenue – set to focus on new acquisitions
Dan-Bunkering, part of fuel supplier Bunker Holding, last year saw a significant boost in revenue, with earnings coming in more flat. The bunker company will focus on mergers and acquisitions.
Analyst firm seeing signs of weakening container spot rates
Spot rates on the container market have declined in the past two weeks. The likelihood of a bigger drop in rates has increased, according to Sea-Intelligence.
IT Operations & Project Lead 
Head of Vessel Operations 
Head of Airfreight 
Senior Sales Manager 
Crewing officer 
Senior Legal Counsel with a focus on Offshore Renewables 
Safety Leadership & Transformation Manager