The Future of LNG Fuelled Shipping
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Implementation of LNG As Marine Fuel in Current Vessels. Perspectives and Improvements on Their Environmental Efficiency
Implementation of LNG as marine fuel in current vessels. Perspectives and improvements on their environmental efficiency. Master’s Thesis Facultat de Nàutica de Barcelona Universitat Politècnica de Catalunya Candidate: Llorenç Sastre Buades Supervised by: Dr. Francesc Xavier Martínez de Osés Master’s Degree in Nautical Engineering and Maritime Transport Barcelona, February 2017 Department of Nautical Sciences and Engineering i Implementation of LNG as marine fuel in current vessels. Perspectives and improvements on their environmental efficiency. ii Acknowledgments First of all, I would like to express my most sincere thanks to my supervisor Dr. Francesc Xavier Martínez de Osés for his accessibility and continuous support of my master’s thesis, for his wise advice and suggestions, which guided me throughout the development of this paper, and also for sharing with me his immense knowledge about marine pollution and maritime activities. Second, I would like to make special mention to my grandparents, Llorenç Sastre and Jeroni Sampol, with whom I will forever be grateful for bringing me up in my infancy, instilling their outlook on life and essential values on me and their undying love for me. Third, I would like to thank my parents for providing me with all the things that a child can ever deserve and for their attention and support in the good times and most important in the bad ones. To my father for his unceasing encouragement to achieve my academic and career goals, and my mother for her dedication and patience during my adolescence. Then, I would like to thank my university colleague, Eduardo Sáenz, for his feedback, understanding about maritime subjects related to my study and of course long-life friendship. -
Navigator Holdings Ltd. NOK [600 - 800] Million Senior Secured Bond Issue October 2018
Navigator Holdings Ltd. NOK [600 - 800] million Senior Secured Bond Issue October 2018 “Navigator Holdings Ltd. (NYSE:NVGS)” 1 DISCLAIMER About this Presentation We, Navigator Holdings Ltd. (“Navigator”, “Navigator Gas” or the “Company”), have prepared this presentation, together with its enclosures and appendices (collectively, the “Presentation"), to provide introductory information solely for use in connection with the contemplated offering of bonds (the “Bonds” or the “Bond Issue”) to be issued by us and expected to be initiated in October 2018 (the “Transaction”). We have retained Fearnley Securities AS (“Fearnley”) and Nordea Bank Abp, filial i Norge (“Nordea”) as managers of the Transaction (the “Managers”). This Presentation is not in itself an offer to sell or a solicitation of an offer to buy any securities. Accuracy of information and limitation of liability: Any decision to invest must only be made with careful consideration and not in reliance solely on the introductory information provided herein which does not purport to be complete. Any application to invest will be subject to a term sheet setting out the terms and conditions of the securities and an application form which any investment will be subject to. Please do not hesitate to ask us any questions which would be relevant for your consideration and which are not contained herein. We have assimilated the information contained herein from various sources and unless stated the information is a result of our own activities. We have taken reasonable care to ensure that, and to the best of our knowledge as of 22 October 2018, material information contained herein is in accordance with the facts and contains no omission likely to affect its understanding. -
Green Ships of the Future Pages 3 - 5
Customer Magazine ISSUE 4 (20) 2015 /1 (21) 2016 Green ships of the future Pages 3 - 5 Back to the DSV Scrubbers, engine, North Sea... as right as rain funnel and more... Repairs and upgrade of the Fruitful cooperation Exceptionally difficult and precise Safe Bristolia rig completed with Subsea 7 task on Pont Aven in magazine Pages 7 - 9 Pages 10 - 11 Pages 14 - 15 editorial contents conversions remontowa repair&conversion We will convert Canadian ferries to LNG propulsion BC Ferries invests 3 Green ships of the future in LNG We will convert Canadian Green ships ferries to LNG propulsion of the future The latest 0.1% Sulphur Directive effective One of the top investors in the LNG 6 BC Ferries since January 1, 2015 has left the shipping technology is Canada’s ferry operator BC switches to LNG! industry with three possible choices on how Ferries. Back in June 2014, the company Mark Wilson: We do it for BC Ferries revealed the winner of the mid-life upgrades contract for Spirit-class to respond to the latest fuel requirements awarded Remontowa Holding a contract to both economic and ferries. The vessels are to be converted to operate on liquefied natural gas (LNG). within the Emission Control Areas (ECAs): build three dual-fuelled intermediate class environmental reasons switch to Low Sulphur (0.5%) Marine Gas ferries of the Salish Class, capable of us- Oils (LSMO), install SOx scrubbers, or con- ing both LNG or diesel fuel for propulsion. 7 Back to the vert to alternative marine fuels such as Liqui- These ferries are currently under construc- North Sea.. -
LNG Fuelling 5 Oct Layout 1
LNG Fuelling AN LNG JOURNAL PUBLICATION 5 October 2017 Świnoujście LNG bunker plans FUELLING NEWS progress AGENDA The management board of Polish natural gas transmission system operator Gaz- System has issued recommendations for the planned extension of the Świnoujście PROJECTS LNG Terminal, including a new loading berth for LNG bunker vessels. The framework recommendations were delivered to LNG fuelling firm Polskie LNG for commence- ment of design and preparation works for the extension of the President Lech Kaczyński LNG Ter- minal. The work will involve build- FueLNG completes ing an additional loading/unloading Singapore LNG berth for vessels and a loading bunker first 2 berth for LNG bunker vessels. “This is another important step TANKERS in the development of the LNG terminal in Świnoujście, and I am Sovcomflot signs up happy that we are effectively for five LNG-fuelled Świnoujście sea wall Aframax using the potential of liquefied 3 natural gas, developing the unloading of LNG bunker vessels under Measure 7.1. of the Opera- promising market of LNG tranship- as well as of small and medium- tional Programme “Infrastructure DESIGN ment and ship bunkering ser- scale LNG carriers. and Environment”. LR approves HMD vices,” Tomasz Stępień, President “The LNG Terminal extension The second jetty of the Termi- LNG vessel cargo of the Management Board of Gaz- project, involving the construction nal is scheduled to be operational system 5 System, said. of a loading/unloading berth for by 2021.Once work is complete, OUTLOOK vessels and a loading berth for the gas port’s regasification ca- Feasibility study points to LNG bunker vessels, is part of the pacity will increase from the pre- expanded LNG bunkering construction of the so-called sent 5 billion cubic metres to 7.5 The decision was taken based on Northern Gate. -
European LNG Outlook European Port Sector Forum
SUBSCRIBE: www.harboursreview.com no. 5/2015 (8) december ISSN 2449-6022 European LNG outlook european port sector forum voices featured article 14. Mantas Bartuška 03. LNG in Baltic seaports and the latest CEO of Klaipėdos nafta on the LNG market – Report 14. Maciej Mazur Monika Rozmarynowska, Consultant at Actia Forum Communications Manager at Polskie LNG 18. HEKLA enters the stage – Southern Baltic 14. Isabelle Ryckbost LNG transport and energy potential ESPO’s Secretary General Aleksandra Plis and Maciej Kniter 19. On-the-road – HEKLA – Helsingborg and Klaipėda LNG Infrastructure Facility Deployment interview Marcin Włodarski, HEKLA’s Project Manager Assistant Building 16. 20. Will Europe drive the future LNG trade? the LNG momentum Shresth Sharma, Senior Research Analyst (LNG and LPG Shipping) Emil Arolski Project Manager of LNG in Baltic Sea Ports II 23. Maritime eco-transition step-by-step Michał Bagniewski, DNV GL 18. HEKLA enters the stage 25. LNG-ready Mantas Bartuška – Complying with stricter sulphur emissions CEO of Klaipėdos nafta on the HEKLA initiative Geoffroy Beutter, GTT 27. Opening the black gas box – LNG bunker pricing Sergiu Maznic, Senior Consultant at SUND Energy AS 30. All-in-one – Answering LNG shipping questions Mathias Jansson, Wärtsilä’s General Manager Innovation & Product Support, Fuel Gas Handling, Ship Power & Mari Ottesen, Marketing Manager, Ship Power 32. The next LNG hotspot? – When and where will Germany benefit from LNG 37. editorial Ralf Fiedler, Group Leader at Fraunhofer Center for Maritime Logistics -
Navigator Holdings Ltd. “NVGS”
Stifel Presentation August 2017 Navigator Holdings Ltd. “NVGS” This presentation contains certain statements that may be deemed to be “forward-looking statements” within the meaning of applicable federal securities laws. Most forward-looking statements contain words that identify them as forward-looking, such as “may”, “plan”, “seek”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “project”, “opportunity”, “target”, “goal”, “growing” and “continue” or other words that relate to future events, as opposed to past or current events. All statements, other than statements of historical facts, that address activities, events or developments that Navigator Holdings Ltd. (“Navigator” or the “Company”) expects, projects, believes or anticipates will or may occur in the future, including, without limitation, acquisitions of vessels, the outlook for fleet utilization and shipping rates, general industry conditions, future operating results of the Company’s vessels, capital expenditures, expansion and growth opportunities, business strategy, ability to pay dividends and other such matters, are forward-looking statements. Although the Company believes that its expectations stated in this presentation are based on reasonable assumptions, actual results may differ any expectations or goals expressed in, or implied by, the forward-looking statements included in this presentation, possibly to a material degree. Navigator cannot assure you that the assumptions made in preparing any of the forward-looking statements will prove accurate or that any long-term financial goals will be realized. All forward-looking statements included in this presentation speak only as of the date made, and Navigator undertakes no obligation to update or revise publicly any such forward-looking statements, whether as a result of new information, future events, or otherwise. -
“Navigator Holdings Ltd. (NYSE:NVGS
Company Presentation September 2019 “Navigator Holdings Ltd. (NYSE:NVGS)” Confidential This presentation contains certain statements that may be deemed to be “forward-looking statements” within the meaning of applicable federal securities laws. Most forward-looking statements contain words that identify them as forward-looking, such as “may”, “plan”, “seek”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “project”, “opportunity”, “target”, “goal”, “growing” and “continue” or other words that relate to future events, as opposed to past or current events. All statements, other than statements of historical facts, that address activities, events or developments that Navigator Holdings Ltd. (“Navigator” or the “Company”) expects, projects, believes or anticipates will or may occur in the future, including, without limitation, acquisitions of vessels, the outlook for fleet utilization and shipping rates, general industry conditions, future operating results of the Company’s vessels, capital expenditures, expansion and growth opportunities, business strategy, ability to pay dividends and other such matters, are forward-looking statements. Although the Company believes that its expectations stated in this presentation are based on reasonable assumptions, actual results may differ any expectations or goals expressed in, or implied by, the forward-looking statements included in this presentation, possibly to a material degree. Navigator cannot assure you that the assumptions made in preparing any of the forward-looking statements will prove accurate or that any long-term financial goals will be realized. All forward-looking statements included in this presentation speak only as of the date made, and Navigator undertakes no obligation to update or revise publicly any such forward-looking statements, whether as a result of new information, future events, or otherwise. -
Texas Ports and Courts Update
Texas Ports and Courts Update July 2021 1. COVID-19 Update We have collected and summarized these items to help keep you apprised of the latest news and General Statewide Conditions developments from the ports and courts on the Although Texas COVID-19 infections and hospitalizations remain at Texas coast. relatively low levels, state officials continue to keep a watchful eye and have noted an uptick in recent weeks. After reaching a statewide low of about 1,400 hospitalizations in late-June (statewide hospitalizations peaked at approximately 14,000 in January), state officials are reporting that, as of July 13, hospitalizations are approaching 2,300. Vaccinations remain readily available for Texas residents, and eligibility In this Update: has been extended to residents 12 years old or older. When we last reported in May, about 40% of the state’s adult population had received at least one vaccination dose, and about 31% of adults were fully vaccinated. Those numbers have increased. As of July 13, state health 1. COVID-19 Update officials report that almost 59% of the population 12 years old or older had received at least one dose, and nearly 51% were fully vaccinated. 2. Recent Port Activity Texas Port Conditions and Development Projects The Ports of Brownsville, Corpus Christi, Freeport, Galveston, Houston, and Port Arthur/Beaumont continue to maintain normal operations. 3. News from the Courts Shore leave remains generally permitted, and crew changes/repatriation requests are allowed on a case-by-case basis. With respect to crew vaccination efforts, we note that the Houston International Seafarer’s Center is working with Workplace Safety Screenings to provide onboard Johnson & Johnson vaccinations (the Johnson & Johnson single-dose protocol has been found to be the most suitable for seafarers). -
August / September 2018 the Official Journal of the International
The Official Journal of the International Association of Shiprepair Agents Volume 16 - Issue 3 - August / September 2018 Page 2 – www.shipandoffshorerepair.com SORJ (Ship and Offshore Repair Journal) Welcome to the August/September edition of SORJ (Ship and Offshore Repair Journal). The recent SMM event in Hamburg, which is far too large, highlighted to problems to be experienced with the proposed 2020 sulphur cap. Engine manufacturers and fuel suppliers are in a quandary, both sides of the industry saying that there will not be sufficient supplies available. Meanwhile, the marine equipment industry is pushing its ‘scrubber’ solution along with the many companies pushing LNG as a legitimate alternative. The problem of an insufficient infrastructure for the supply of LNG is another problem facing the industry. Meanwhile, the use of LPG as a marine fuel may be more practical solution (certainly on a infrastructure question). Alan Thorpe FRONT COVER 4 Repairs 54 Emissions 12 Shipyards 58 Ballast Water Management 18 Offshore 61 Containerships 26 Services 64 Northern Europe 30 Underwater Repairs 79 Agents / People 36 Paints & Coatings 80 Dockgate 40 Machinery 82 Agents Contact Directory Front Cover: This issue’s Front Cover shows a North Sea shuttle tanker under repair in Denmark’s FAYARD, Munkebo. FAYARD is among Northern Europe’s largest shiprepair yards and as such is involved in large scale repair and conversions – on a project basis as well as size of ships. Although every effort is made to ensure accuracy and reliability of the Telephone: +44 (0)1268 511300 FAR EAST BUREAU material published, Ship and Offshore Repair Journal cannot accept Web: www.shipandoffshorerepair.com Contact: Ed Ion any responsibility for the verity of the claims made by contributors or Email: [email protected] Telephone: +65 6222 6375 the wording contained within advertisements. -
Navigator Holdings Ltd. NDR Investor Presentation September 2020
Navigator Holdings Ltd. NDR Investor presentation September 2020 “Navigator Holdings Ltd. (NYSE:NVGS)” Confidential FORWARD-LOOKING STATEMENT This presentation contains certain statements that may be deemed to be “forward-looking statements” within the meaning of applicable federal securities laws. Most forward-looking statements contain words that identify them as forward-looking, such as “may”, “plan”, “seek”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “project”, “opportunity”, “target”, “goal”, “growing” and “continue” or other words that relate to future events, as opposed to past or current events. All statements, other than statements of historical facts, that address activities, events or developments that Navigator Holdings Ltd. (“Navigator” or the “Company”) expects, projects, believes or anticipates will or may occur in the future, including, without limitation, acquisitions of vessels, the outlook for fleet utilization and shipping rates, general industry conditions, future operating results of the Company’s vessels, capital expenditures, expansion and growth opportunities, business strategy, ability to pay dividends and other such matters, are forward-looking statements. Although the Company believes that its expectations stated in this presentation are based on reasonable assumptions, actual results may differ any expectations or goals expressed in, or implied by, the forward-looking statements included in this presentation, possibly to a material degree. Navigator cannot assure you that the assumptions made in preparing any of the forward-looking statements will prove accurate or that any long-term financial goals will be realized. All forward-looking statements included in this presentation speak only as of the date made, and Navigator undertakes no obligation to update or revise publicly any such forward-looking statements, whether as a result of new information, future events, or otherwise. -
2013 Contents
Annual Report 2013 Contents U3 Key figures at a glance Group management report 40 – 179 U4 Events 2013 41 Stragey and commercial management system The Company 01 – 33 48 Shipping Finance 62 Aviation Finance 01 Mission Statement 82 Offshore Finance 02 About us 96 Land Transport Finance 10 Letter to our shareholders and business partners 110 Important deals 2013 13 The Board of Managing Directors 112 Financial Institutions 14 Report of the Supervisory Board 116 Investment Management 19 The Supervisory Board 124 ITF International Transport Finance Suisse AG 20 Corporate Governance Report 2013 126 Financial position and performance 30 Our employees 142 Remuneration 144 Non-financial performance indicators/sustainability Financial and equity markets 34 – 39 151 Report on material events after the reporting date 152 Report on opportunities and risks 34 Financial markets and DVB’s financial markets activities 176 Report on expected developments for 2014 36 Equity markets and the DVB share 179 Explanatory disclosures under takeover law 39 Financial calendar 2014 179 Report of the Board of Managing Directors on relations with affiliated companies Consolidated financial statements 180 – 240 181 Income statement 181 Appropriation of profits 182 Statement of comprehensive income 183 Statement of financial position 184 Statement of changes in equity 185 Cash flow statement 186 Segment report 187 Notes Audit opinion 241 Further information 242 – 252 242 DVB worldwide 244 Key words 246 Glossary 250 Abbreviations 252 Imprint Symbols Reference to the internet -
Enabling the NGL Oceangoing Pipeline
Navigator Holdings Ltd 2018 Annual Report Enabling the NGL oceangoing pipeline “Navigator Aurora loading a maiden cargo of ethane at Marcus Hook, Pennsylvania” Our world-class fleet Ethylene capable fleet Aurora Eclipse Nova Prominence (37.3k cbm) (37.3k cbm) (37.3k cbm) (37.3k cbm) Neptune Pluto Saturn Venus Orion (22.1k cbm) (22.1k cbm) (22.1k cbm) (22.1k cbm) (22.1k cbm) Atlas Europa Oberon Triton Umbrio (21k cbm) (21k cbm) (21k cbm) (21k cbm) (21k cbm) Semi refrigerated fleet Magellan Pegasus Phoenix Aries Capricorn Gemini (20.9k cbm) (22k cbm) (22k cbm) (20.5k cbm) (20.5k cbm) (20.5k cbm) Scorpio Taurus Virgo Leo Libra Centauri (20.5k cbm) (20.5k cbm) (20.5k cbm) (20.5k cbm) (20.5k cbm) (22k cbm) Ceres Ceto Copernico Luga Yauza (22k cbm) (22k cbm) (22k cbm) (22k cbm) (22k cbm) Fully refrigerated fleet Jorf (38k cbm) Glory Grace Gusto Genesis Galaxy Global (22.5k cbm) (22.5k cbm) (22.5k cbm) (22.5k cbm) (22.5k cbm) (22.5k cbm) Vessels in the fleet technically managed in-house by Navigator Gas Shipmanagement Limited. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ‘ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) or (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR È ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 OR ‘ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ‘ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report Commission file number: 001-36202 NAVIGATOR HOLDINGS LTD.