Po's questions to Navigator Holdings Ltd (NVGS) leadership • Q3 2024
Question
An analyst identified as Po submitted questions asking about flexibility to extend the newbuilding options and clarifying the completion and operational ramp-up timeline for the export terminal expansion.
Answer
CEO Mads Zacho stated there is no opportunity to extend the newbuilding options due to high demand for shipyard slots. EVP Randall Giveans confirmed the terminal expansion will be completed in late December 2024 and is expected to be fully operational by January 2025 with a minimal ramp-up period.