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BW Group acquires 39.1 % interest in Navigator Holdings December 16, 2020, by Jasmina Ovcina BW Group Limited has bought a 39.1% equity interest in Navigator Holdings, owner and operator of the world’s largest fleet of handysize liquefied gas carriers, from WL Ross.
Navigator Holdings has a fleet of 38 semi- or fully-refrigerated liquefied gas carriers, 14 of which are ethylene and ethane capable.
The company is engaged in the transportation 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.