NVGS - Navigator Holdings announces first vessel acquisition under JV

• Navigator Holdings ( NYSE: NVGS ) has announced that following the formation of its 60/40 joint venture with Greater Bay Gas, the Joint Venture has acquired the first of its scheduled five vessels.
• The vessel, a 17,000 cbm 2018-built liquefied ethylene gas carrier was renamed Navigator Luna , in recognition of the Navigator and Greater Bay Gas Luna Pool collaboration arrangement.
• The Vessels will continue to be commercially managed by the Luna Pool, and technical management will be provided by the third-party technical manager, PG Shipmanagement of Singapore.

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