Navigator Holdings Ltd. CEO, Mads Peter Zacho, Discusses its Bluestreak CO2 Joint Venture
05 Juillet 2023 - 10:39PM
Mr. Mads Peter Zacho, Chief Executive Officer of Navigator Holdings
Ltd., (NYSE: NVGS), participated in Capital Link’s Trending News
Podcast Series, hosted by Mr. Nicolas Bornozis, President of
Capital Link. In this Podcast Series, company management discusses
and comments on recent news and announcements.
During the interview, Mr. Zacho expanded on
Navigator’s decision to sign a non-binding memorandum of
understanding with Bumi Armada Berhad, one of the world’s largest
floating infrastructure operators, to establish a joint venture
company, the Bluestreak CO2 Joint Venture, to provide CO2 shipping
and injection solutions in the United Kingdom.
The Bluestreak CO2 Joint Venture, to be
owned 50% by Navigator and 50% by Bumi Armada, aims to provide an
end-to-end solution for carbon emitters to capture, transport,
sequester and store their carbon dioxide emissions in line with the
United Kingdom’s Industrial Decarbonization Strategy.
The full interview can be accessed
through the below
link:https://www.youtube.com/watch?v=pWvLMp8W3RE
ABOUT NAVIGATOR GAS Navigator
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 now consists of 56 semi- or
fully-refrigerated liquefied gas carriers, 25 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”.
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