- 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.
For further details see:
Navigator Holdings announces first vessel acquisition under JV