Navigator Holdings Ltd. (NVGS)

The company now

Navigator Holdings reported third-quarter 2026 operating revenues of $155.0 million, up from $153.1 million a year earlier 1. Net income attributable to stockholders was $78.3 million against $33.2 million, mainly because of profit on vessel sales 1.

Leaving vessel sales out, adjusted net income was $25.4 million, against $23.9 million 1. The company completed the sale of eight smaller gas carriers and its stake in the Unigas pool manager for $183.1 million in all 1.

Ships were used on 87.9 percent of available days, against 89.3 percent a year earlier, and the average daily charter rate was $30,314 1. The company says customers paused cargo purchases in July and August on talk of diplomatic progress between the United States and Iran 1. Utilization recovered to 94 percent in September once the Strait of Hormuz stayed disrupted, and the company says it stayed firm into October 1.

The open question is the vote on November 16, 2026, on a merger that would move the parent company's legal home from the Marshall Islands to England and Wales 31. The company expects to complete it by the end of the fourth quarter of 2026 if shareholders approve 1.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.