Navigator Holdings Ltd.

Navigator Holdings Ltd. announced the signing of definitive agreements to sell eight gas carriers and its shareholding in the Unigas International B.V. joint venture. The transaction, valued at approximately $183 million, is with existing Unigas Pool partners Bernhard Schulte Investment Holding GmbH and Sloman Neptun Schiffahrts-Aktiengesellschaft. This divestment is part of Navigator's strategy for fleet optimization and capital allocation, allowing it to focus on growing its handysize and midsize ethylene-capable vessels. The deal is expected to close by the fourth quarter of 2026, after which Navigator's fleet will comprise 46 vessels.

Navigator Holdings Ltd. announced that its subsidiaries have secured financing for the construction and delivery of two newbuild gas carriers, expected in 2027. The financing includes a secured pre-delivery term loan of up to $164.64 million from BNP Paribas, which will transition into a $205.8 million long-term Japanese Operating Lease with Call Option (JOLCO) upon vessel delivery. This marks Navigator Gas's first use of a JOLCO structure, covering the full purchase price with competitive pricing, and completes funding for four of its six newbuild vessels on order.

Navigator Holdings Ltd. announced that its subsidiaries have secured financing for the construction and delivery of two newbuild gas carriers. The financing includes a pre-delivery term loan of up to $164.64 million, which will be refinanced by a $205.8 million long-term Japanese Operating Lease with Call Option (JOLCO) upon vessel delivery. This marks Navigator Gas's first use of a JOLCO structure, covering the full purchase price of the vessels expected in 2027. CFO Gary Chapman highlighted this as a step in evolving the company's funding strategy and noted that funding for four of six newbuild vessels is now complete.

Navigator Holdings Ltd. (Navigator Gas) announced the results of its 2026 Annual General Meeting of Shareholders. Shareholders approved the election of six directors to the company's board, who will serve until the 2027 Annual General Meeting. Additionally, the appointment of PricewaterhouseCoopers LLP was ratified as the independent public accounting firm for the fiscal year ending December 31, 2026.

Navigator Holdings Ltd. (Navigator Gas) held its 2026 Annual General Meeting of Shareholders on June 15, 2026. Shareholders approved the election of six directors to the Board, who will serve until the 2027 Annual General Meeting. Additionally, the appointment of PricewaterhouseCoopers LLP as the Company's independent public accounting firm for the fiscal year ending December 31, 2026, was ratified.

Navigator Holdings Ltd. announced the publication of its 2025 Sustainability Report, detailing its commitment to sustainable operations, environmental impact reduction, improved diversity, and high corporate governance standards. The report highlights the company's top ranking in Webber Research & Advisory's 2025 Corporate Governance Scorecard and significant progress in gender diversity, with women now holding 31% of onshore management roles. Navigator Gas also reported a 2.97% year-on-year reduction in total emissions and continued investment in lower-emission shipping solutions.

Navigator Holdings Ltd. announced its 2026 Annual General Meeting of Shareholders will be held on June 15, 2026, in New York. Shareholders will consider and vote upon the election of six directors and the ratification of PricewaterhouseCoopers LLP as the company's independent public accounting firm for the fiscal year ending December 31, 2026. The record date for determining shareholders entitled to vote was May 4, 2026, with 61,721,879 common shares outstanding.

Navigator Holdings Ltd. announced its 2026 Annual Meeting will take place on June 15, 2026, at 09:00 A.M. local time in New York. The record date for voting is May 4, 2026. Shareholders will vote on the election of directors and the ratification of PricewaterhouseCoopers LLP as the independent public accounting firm. The company also confirmed the filing of its 2025 Form 20-F with the SEC.

Navigator Holdings Ltd. announced a non-binding letter of intent to sell eight gas carriers and its shareholding in Unigas International B.V. for approximately $183 million, with closing anticipated by Q4 2026. The company also revised its Capital Return Policy, increasing the capital return to 35% of net income, effective from the quarter ending June 30, 2026. For Q1 2026, the company reported net income of $35.5 million, up from $27.0 million year-over-year, and declared a $0.07 per share dividend. Operating revenues for the quarter decreased to $140.6 million from $151.4 million in Q1 2025.

Navigator Holdings announced a revised Capital Return Policy, increasing the capital return to 35% of net income from 30%, effective for the quarter ending June 30, 2026. The company reported a Q1 2026 net income of $35.5 million, a 31.2% increase year-over-year, despite a 7.1% decrease in total operating revenues to $140.6 million. The Board declared a $0.07 per share cash dividend for Q1 2026 and expects to repurchase $6.3 million of common stock. Additionally, Navigator Holdings signed a non-binding LOI to sell eight Unigas vessels and its Unigas B.V. shareholding for approximately $183 million, aiming to optimize its fleet.