Financing ·
Navigator Gas secures $164.6M pre-delivery term loan from BNP Paribas for two newbuild gas carriers
NVGSNavigator Holdings Ltd.
Navigator Holdings Ltd. announced on June 18, 2026, that its subsidiary, Navigator Gas L.L.C., entered into a $164,640,000 secured pre-delivery term loan with BNP Paribas (Tokyo Branch) to finance construction-stage obligations for two newbuild gas carriers being built in China. Upon vessel delivery in 2027, the Bridge Facility will be transition into a $205,800,000 long-term sale and leaseback arrangement under a Japanese Operating Lease with Call Option (JOLCO) to cover the full purchase price. Navigator Holdings Ltd. operates in the maritime shipping industry, specifically providing gas carrier services.