Yara International ASA (OB : YAR) and Navigator Holdings Ltd. (NYSE : NVGS) acquired a 29% stake in Azane Fuel Solutions As.

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 Morgan’s Point, Texas on the Houston Ship Channel, United States. The Company’s 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.