Navigator Holdings Ltd. Announces Management Changes, Effective August 22, 2019
June 26, 2019 at 04:05 pm EDT
Share
On June 25, 2019, the Board of Directors of Navigator Holdings Ltd. appointed Dr. Henry Deans as Chief Executive Officer, effective August 22, 2019. David Butters, the Company's current President and Chief Executive Officer will relinquish that role to Dr. Deans on that date and continue as Chairman of the Board. Dr. Deans will continue as a member of the Board after the effectiveness of his appointment as Chief Executive Officer. Dr. Deans was appointed a member of the Board in November 2018. From August 2015 to December 2017, Dr. Deans was the Senior Vice President of Agrium Inc.
Navigator Holdings Ltd. is a United Kingdom-based owner and operator of liquefied gas carriers. The Company provides international and regional seaborne transportation services of petrochemical gases, liquefied petroleum gas (LPG) and ammonia for energy companies, industrial users, and commodity traders. The Company also owns a 50% share in an ethylene export marine terminal at Morganâs Point, Texas on the Houston Ship Channel, United States. The Company owns and operates 56 gas carriers each having a cargo capacity of between 3,770 cubic meter (cbm) and 38,000 cbm, of which 25 were ethylene and ethane-capable vessels. These gases are transported in liquefied form, by applying cooling and/or pressure, to reduce volume by up to 900 times depending on the cargo, making their transportation more efficient and economical. Its services include Maritime Logistics, Ship Shore Infrastructure and Consultancy, New Trends.