Navigator Holdings Ltd. Announces Membership of Maritime Anti-Corruption Network
September 01 2022 - 7:00AM
Navigator Holdings Ltd. (“Navigator”) (NYSE: NVGS), the owner and
operator of the world’s largest fleet of handysize liquefied gas
carriers, announced today that it has successfully joined the
Maritime Anti-Corruption Network (“MACN”), a global business
network dedicated to a maritime industry free of corruption.
Mads Peter Zacho, Navigator’s CEO,
commented:
“Conducting business ethically is fundamental to
the identity and core values of Navigator. Joining the Maritime
Anti-Corruption Network demonstrates our commitment to carrying out
business with honesty and integrity across all of our commercial
activities.
“MACN’s vision to remove 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 become part of this important network,
alongside many of our peers across the globe.”
Cecilia Müller Torbrand, MACN’s CEO,
said:
“I am pleased to welcome Navigator gas into
MACN. Navigator Gas has an outstanding 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 a valuable
perspective on the gas sector. They are experts at connecting
producers and end users and all aspects of integrated logistics and
are well placed to help MACN promote integrity throughout the
supply chain.”
About MACNMACN is a global
business network working towards the vision of a maritime industry
free of corruption that enables fair trade to the benefit of
society at large. Established in 2011 by a small group of committed
maritime companies, MACN has grown to include over 165 companies
globally, and has become one of the pre-eminent examples of
collective action to tackle corruption.
MACN and its members work towards the
elimination of all forms of maritime corruption by: raising
awareness of the challenges faced; implementing the MACN
Anti-Corruption Principles and co-developing and sharing best
practices; collaborating with governments, non-governmental
organizations, and civil society to identify and mitigate the root
causes of corruption; and creating a culture of integrity within
the maritime community.
More information may be found at
https://macn.dk/.
About Navigator GasNavigator
Holdings Ltd. is the owner and operator of the world’s largest
fleet of handysize liquefied gas carriers and a global leader in
the seaborne transportation services of petrochemical gases, such
as ethylene and ethane, liquefied petroleum gas (“LPG”) and ammonia
and owns a 50% share, through a joint venture, in an ethylene
export marine terminal at Morgan’s Point, Texas on the Houston Ship
Channel, USA. Navigator’s fleet consists of 53 semi- or
fully-refrigerated liquefied gas carriers, 21 of which are ethylene
and ethane capable. 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 the parties,
connecting the world today, creating a sustainable tomorrow.
Navigator’s common stock trades on the New York
Stock Exchange under the symbol “NVGS”.
Navigator
Gas |
|
Attention: |
Investor Relations
investorrelations@navigatorgas.com and
randy.giveans@navigatorgas.com |
Address: |
1201 Fannin St. Suite 262,
Houston, Texas, U.S.A. 77002 |
Tel: |
+1 713 373 6197 and +44 (0)20
7340 4850 |
|
|
Investor Relations / Media AdvisorsNicolas
Bornozis / Paul LampoutisCapital Link - New YorkTel:
+1-212-661-7566Email: navigatorgas@capitallink.com
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