Navigator Gas: On Ammonia-Fueled Shipping, Partnerships & Fleet Expansion
Free access available for members
Podcast Summary
Navigator Gas: On Ammonia-Fueled Shipping, Partnerships & Fleet Expansion
Thursday, August 7, 2025
Featuring:
- Mads Peter Zacho, CEO of Navigator Gas (NYSE: NVGS)
- Nicolas Bornozis, President of Capital Link.
In this episode of Capital Link's Trending News webinar, Mads Peter Zacho, CEO of Navigator Gas, discusses the company's recent joint venture with Ammon Maritime to construct two new ammonia-fueled vessels. He explained that the vessels will be dual-fuel, capable of using traditional fuel or biofuel, but primarily burning ammonia as fuel for the first five years. The project, which received a 90 million Norwegian kroner grant from the Norwegian government, is expected to be accretive to Navigator's earnings due to competitive pricing and financing. Mads also highlights the strategic collaboration with Babcock International Group to develop technologies that enhance cargo switching efficiency between LPG and ammonia, aiming to improve operational flexibility and reduce emissions.
About Navigator Gas - Navigator Holdings Ltd. (described herein as “Navigator Gas” or the “Company”) is the owner and operator of the world’s largest fleet of handysize liquefied gas carriers and a global leader in the seaborne transportation services of petrochemical gases, such as ethylene and ethane, liquefied petroleum gas (“LPG”) and ammonia and owns a 50% share, through a joint venture, in an ethylene export marine terminal at Morgan’s Point, Texas on the Houston Ship Channel, USA. Navigator Gas’ fleet consists of 58 semi- or fully-refrigerated liquefied gas carriers, 27 of which are ethylene and ethane capable. The Company plays a vital role in the liquefied gas supply chain for energy companies, industrial consumers and commodity traders, with its sophisticated vessels providing an efficient and reliable ‘floating pipeline’ between the parties, connecting the world today, creating a sustainable tomorrow. Navigator Gas’ common stock trades on the New York Stock Exchange under the symbol “NVGS”. For more information, please visit www.navigatorgas.com
Capital Link Trending News Webinar Series - This Webinar Series features interviews and discussions with senior management elaborating on recent company news and announcements, and market trends. For more episodes please visit here: https://capitallinkshipping.com/trending-news/