Navigator Gas secures $205.8M financing for two newbuild vessels
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Navigator Gas Announces Signing of $205.8 Million Financing for Two Newbuild Vessels, Incorporating its First JOLCO Sale Leaseback
June 18, 2026 8:25 AM EDTLONDON, June 18, 2026 (GLOBE NEWSWIRE) -- Navigator Holdings Ltd. (Navigator Gas or the Company) (NYSE: NVGS), the owner and operator of the worlds largest fleet of handysize liquefied gas carriers, announces today that certain of its subsidiaries have entered into financing arrangements to finance the construction and delivery of two newbuild gas carriers (the Vessels) currently under construction in China by Jiangnan Shipyard (Group) Co. Ltd. and China Shipbuilding Trading Co. Ltd. (jointly the Shipyard), pursuant to shipbuilding contracts entered into in 2024, as previously announced on November 20, 2024. Delivery of the Vessels is expected in 2027.
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