Navigator Holdings Ltd. (Marshall Islands)

The Company has a business of owning and operating a fleet of gas carriers. The company provide international and regional seaborne transportation services of liquefied petroleum gas, or LPG, petrochemical gases and ammonia for energy companies, industrial users and commodity traders.
The company was formed in 1997 as an Isle of Man public limited company for the purpose of building and operating a fleet of five semi-refrigerated, ethylene-capable liquefied gas carriers.
The Company s initial vessels came into operation in 2000.
In January 2003, the owners and management filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York.
On August 9, 2006, The Company emerged from bankruptcy. As part of the plan of reorganization, the bondholders received all of the equity interests in The company. Lehman Brothers Inc. became the principal shareholder, holding an approximate 44.1 ownership interest (subsequently reduced to 33 ).
In October 2012, the ownership interests held by Lehman Brothers Holdings Inc. were acquired by our principal shareholder, the WLR Group, which subsequently increased its ownership to 60.6 of our common stock.
In March 2008, The Company redomiciled in the Republic of the Marshall Islands.
The Company was listed in New York Stock Exchange on November 21, 2013.