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Navigator Gas lines up USD 121.8 million financing for two newbuild ammonia carriers in Amon joint venture

PUBT·08/03/2026 11:30:28
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Navigator Gas lines up USD 121.8 million financing for two newbuild ammonia carriers in Amon joint venture
  • Navigator Holdings secured a USD 121.8 million senior secured term loan to fund two ammonia-fuelled newbuild carriers in its Navigator Amon joint venture.
  • Facility finances up to 70% of vessel costs at delivery; remaining payments funded from joint-venture shareholder cash resources.
  • Two 51,350-cubic-metre liquefied ammonia carriers, also capable of carrying LPG; under construction in China with deliveries expected May 2028, September 2028.
  • Six-year post-delivery tenor; interest at SOFR + 1.35% with quarterly payments; secured by mortgages over the newbuild vessels.
  • Borrower obligations guaranteed by Navigator Gas and Navigator Amon Shipping.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Navigator Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608030730PRIMZONEFULLFEED9801750) on August 03, 2026, and is solely responsible for the information contained therein.