Top 5 LPG Shipping Companies in the World

4. Navigator Holdings Ltd. (NYSE:NVGS)

Revenue as of 2021: $403 million

Navigator Holdings Ltd. (NYSE:NVGS) is a British company that operates liquefied gas carriers. These ship ammonia, LPG, and other gasses all over the globe. The firm is headquartered in London and it has a fleet of 53 ships.

Navigator Holdings Ltd. (NYSE:NVGS)’s have appreciated by 40% this year, and the firm is focusing its attention on the U.S. exports of natural gas liquids (NGLs). The demand for these is expected to grow significantly, especially as Europe diversifies its energy sources away from Russia. The firm also has stakes in an ethylene export terminal with an American firm and it is the carrier of choice for several other American firms. Navigator Holdings Ltd. (NYSE:NVGS) is also revamping its shareholder returns policy, and it is expected that this will consist of both share repurchases and dividends.

Navigator Holdings Ltd. (NYSE:NVGS)’s largest investor in our second quarter of 2022 investor database is Chuck Royce’s Royce & Associates which owns 1 million shares that are worth $11.8 million.

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