Navigator Holdings Ltd. Announces Dr. Henry ?Harry? Deans Stepping Down as CEO
October 28, 2021 at 06:00 am EDT
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Navigator Holdings Ltd. announced that Dr. Henry ?Harry? Deans has given notice that he intends to step down as Navigator?s Chief Executive Officer (?CEO?) effective October 28, 2021. A process to identify the successor of Dr. Deans as CEO will commence immediately. In the interim, a committee comprising existing management executives, namely, Chief Financial Officer, Niall Nolan, Chief Commercial Officer, Oeyvind Lindeman, and Michael Schr?der, CEO of Ultragas ApS Denmark, Country President and Integration Officer, will lead Navigator, until such successor has joined the Company.
Navigator Holdings Ltd. is a United Kingdom-based owner and operator of liquefied gas carriers. The Company is engaged in the seaborne transportation services of petrochemical gases, such as ethylene and ethane, liquefied petroleum gas (LPG) and ammonia. It also owns a 50% share in an ethylene export marine terminal at Morganâs Point, Texas on the Houston Ship Channel, United States. The Companyâs fleet consists of 56 semi-or fully refrigerated liquefied gas carriers, 25 of which are ethylene and ethane capable. The Company plays a role in the liquefied gas supply chain for energy companies, industrial consumers and commodity traders with its vessels. Its services include Maritime Logistics, Ship Shore Infrastructure and Consultancy, New Trends. It unlocks the possibilities of participating in global trade flows of liquefied gases, including propane, butane, ethane and petrochemical gases, such as ethylene, propylene and butadiene, and ammonia.