Spiros Milonas has notified the Board of Directors of Navigator Holdings Ltd. of his decision to resign as a member of the Board, effective as of November 28, 2018. Mr. Milonas does not hold a position on any committee of the Board, and Mr. Milonas’s resignation was not the result of a disagreement with the company on any matter relating to its operations, policies or practices. On November 28, 2018, the Board appointed Dr. Henry Deans as a member of the Board, effective immediately. Dr. Deans served as the Executive Vice President and President of the nitrogen division of Nutrien Ltd. from January 2018 to May 2018.
Navigator Holdings Ltd. is a United Kingdom-based owner and operator of liquefied gas carriers. The Company provides international and regional seaborne transportation services of petrochemical gases, liquefied petroleum gas (LPG) and ammonia for energy companies, industrial users, and commodity traders. The Company also owns a 50% share in an ethylene export marine terminal at Morganâs Point, Texas on the Houston Ship Channel, United States. The Company owns and operates 56 gas carriers each having a cargo capacity of between 3,770 cubic meter (cbm) and 38,000 cbm, of which 25 were ethylene and ethane-capable vessels. These gases are transported in liquefied form, by applying cooling and/or pressure, to reduce volume by up to 900 times depending on the cargo, making their transportation more efficient and economical. Its services include Maritime Logistics, Ship Shore Infrastructure and Consultancy, New Trends.