Navigator Holdings Ltd. announces its membership of the Maritime Anti-Corruption Network

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Navigator Holdings Ltd.

LONDON and NEW YORK, Sept. 01, 2022 (GLOBE NEWSWIRE) — Navigator Holdings Ltd. (“Navigator”) (NYSE: NVGS), owner and operator of the world’s largest fleet of utility-sized liquefied gas carriers, today announced that it has successfully joined the Maritime Anti-Corruption Network (” MACN”), a global business network dedicated to a corruption-free maritime industry.

Mads Peter Zacho, CEO of Navigator, commented:

“Conducting business ethically is fundamental to Navigator’s identity and core values. Joining the Maritime Anti-Corruption Network demonstrates our commitment to conducting business with honesty and integrity in all of our business dealings.

“MACN’s vision to eliminate corruption from the maritime industry aligns strongly with our own values ​​which aim for a fairer, more transparent and sustainable maritime industry. Navigator is proud to be part of this important network, along with many of our peers around the world. »

Cecilia Müller Torbrand, CEO of MACN, said:

“I am delighted to welcome Navigator Gas to MACN. Navigator Gas enjoys an excellent reputation and plays an important role in the global liquefied gas supply chain. Navigator’s work with energy companies, industrial users and commodity traders globally will provide MACN with valuable insight into the gas sector. They are experts in connecting producers and end users and in all aspects of integrated logistics and are well placed to help MACN promote integrity throughout the supply chain.

About MACN
MACN is a global network of companies working towards the vision of a corruption-free shipping industry that enables fair trade to benefit society as a whole. Created in 2011 by a small group of committed maritime companies, MACN has grown to include more than 165 companies worldwide and has become one of the preeminent examples of collective action to fight corruption.

The MACN and its members work to eliminate all forms of maritime corruption by: raising awareness of the challenges encountered; implement the MACN anti-corruption principles and co-develop and share best practices; work with governments, non-governmental organizations and civil society to identify and mitigate the root causes of corruption; and create a culture of integrity within the maritime community.

More information can be found at https://macn.dk/.

About Gas Navigator
Navigator Holdings Ltd. is the owner and operator of the world’s largest fleet of practical-sized liquefied gas carriers and a global leader in petrochemical gas shipping services, such as ethylene and ethane, gas liquid petroleum (“LPG”) and ammonia and owns a 50% interest, through a joint venture, in a marine ethylene export terminal at Morgan’s Point, Texas on the Houston Ship Channel , in the USA. Navigator’s fleet consists of 53 semi- or fully refrigerated liquefied gas carriers, 21 of which are ethylene and ethane compatible. The company plays a vital role in the liquefied gas supply chain for energy companies, industrial consumers and commodity traders, with its sophisticated vessels providing an efficient and reliable “floating pipeline” between parties, connecting the world today, creating a sustainable future.

Navigator’s common stock trades on the New York Stock Exchange under the symbol “NVGS”.

Investor Relations / Media Advisors
Nicolas Bornozis / Paul Lampoutis
Capital Link – New York
Tel: +1-212-661-7566
E-mail: navigatorgas@capitallink.com

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