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Specialized vessels
With a strong sense of these underpinning values , the business has experienced extraordinary growth since it first launched . Initially focused on growing its fleet of liquified gas carriers , the introduction of a new management team in 2006 has helped the company to achieve rapid and sustained expansion , now owning and operating the world ’ s largest fleet of handysize gas carriers . In 2020 , the business , together with Enterprise Product Partners , opened a new ethylene export terminal in Houston , Texas . At the end of 2022 , the company announced additional details regarding this expansion project , which will run from the first quarter of 2023 and complete at the end of the fourth quarter of 2024 . The plans include an increase in ethylene export capacity by at least 550,000 tons per year in addition to tripling the current instantaneous ethylene refrigeration capacity .
Navigator Gas ’ fleet now contains 56 semi or fully refrigerated liquified gas carriers , 25 of which are ethylene and ethane capable . This , in addition to a team of 1,700 experienced officers and crew members and an onshore team of 140 , helped the business to transport over 6.3 million metric tons of product in 2020 . The company ’ s specialized vessels are highly flexible in transporting liquified petroleum gas ( LPG ), petrochemicals and ammonia , at ambient , refrigerated temperatures . The business is particularly focused on helping to grow the global ammonia market , working collaboratively with energy companies , industrial users and commodity traders .
Leading by example
Now with a 50 percent share in the world ’ s largest ethylene export terminal , Navigator Gas has further streamlined its oceangoing infrastructure , enabling producers access to international markets , and providing endusers with the opportunity to diversify their
supply sources . The terminal features two docks with the capacity to load one million tons of ethylene per year , in addition to a refrigerated ethylene storage tank with a capacity of 60,000cbm . The terminal is the first of a number of strategic investments which the company is considering in order to support the continued growth of its global distribution pipeline model alongside the US petrochemical industry .
Recognizing its people as its most important asset , the success of the business hinges on building strong and long-lasting relationships with its employees , customers and business partners . This requires a high level of trust that the company promotes through publicly committing to conducting business with integrity and making decisions fairly , ethically , and transparently . As a global leader in the shipping industry , Navigator Gas leads by example in defining clear policies and expectations of its people and partners to ensure the highest ethical
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