Navigator Gas 1Q16 Results Fall on Utilization, Maintenance — Panjiva
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Navigator Gas 1Q16 Results Fall on Utilization, Maintenance

Earnings 730 Logistics 476

Navigator Gas, a liquefied gas-product tanker operator, reported 1Q16 earnings that were 16% lower than a year earlier. This was driven by a combination of lower utilization rates (87.6% vs. 97.0%) and higher maintenance costs for older vessels. Navigator faces a weak energy demand environment whilst being in the midst of a rapid expansion of … Continue reading “Navigator Gas 1Q16 Results Fall on Utilization, Maintenance”

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