Navigator Holdings Ltd. Enters Into Long Term Charter For Midsize Newbuilding

London, England, November 11, 2015

Navigator Holdings Ltd. (“Navigator”) (NYSE: NVGS) today announces that is has entered into a long term charter for a midsize gas carrier. The company will enter into a building contract for the construction of this fully-refrigerated LPG vessel at Hyundai Mipo Shipyard in South Korea for delivery in August 2017. Our second midsize ethane carrier will front-run the contract until delivery of the newbuild.

Navigator Holdings
Navigator Gas is the owner and operator of the world’s largest fleet of handysize liquefied gas carriers and provides international and regional seaborne transportation services of liquefied petroleum gas, petrochemical gases and ammonia for energy companies, industrial users and commodity traders. Navigator’s fleet consists of 38 semi- or fully-refrigerated liquefied gas carriers, including nine newbuildings scheduled for delivery by August 2017.

Navigator Gas press release