Talk:Navigator Gas

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Add new section 'Merger with Ultragas ApS (2021-)

[edit]


  • What I think should be changed:

I would like to add information about a merger that occurred in 2021, and would suggest the following text:

On April 12, 2021 Navigator Holdings Ltd announced its intention to merge the Ultragas ApS[20] fleet and business into Navigator Gas. This transaction was completed on August 4 of the same year, resulting in larger combined fleet of 56 vessels, five principal office locations and a 50% ownership stake in the world's largest ethylene export terminal located at Morgan's Point, Texas.

From 1960 to 2021, Ultragas ApS had been in gas tanker shipping and until its merger with Navigator Gas, it was a leading provider of marine transportation of liquefied petroleum and petrochemical gases in the small and handysize segments. Ultragas owned and operated a modern fleet of 18 Liquefied Petroleum Gas Carriers, commercially managed from an office in Gentofte (northern suburbs of Copenhagen). The vessels were technically managed by UltraShip ApS; a 100% owned subsidiary which ceased trading upon the merger with Navigator Gas.

  • Why it should be changed:

This is a significant event in the company's history and is not presently reflected in the article. Please note that I (mistakenly) added this edit myself. However, as a very new user to Wikipedia, I learned that as an employee of the company, I should not make edits to my company's entry directly, and instead request the edit using this method.

  • References supporting the possible change (format using the "cite" button):

[1]

[2] AlexWalsterNVGS (talk) 12:24, 9 August 2024 (UTC)[reply]

 Not Done: The way this request is worded is clearly promotional in intent (e.g. "larger combined fleet", "world's largest", "leading provider", "modern fleet", etc).
Please note, there is absolutely no place on Wikipedia for any kind of promotional material (see WP:PROMO for details).
The article is already tagged as reading like an advert, plus it has a shortage of sources, and large sections are borderline unreadable in their current form.
I'd suggest working on those issues before attempting to add even more promotional text into the article. Axad12 (talk) 19:15, 9 August 2024 (UTC)[reply]
Thanks for your response. @Axad12. Whilst the intent was certainly not to be promotional, we will take steps to improve the content as far as we can. AlexWalsterNVGS (talk) 12:18, 17 August 2024 (UTC)[reply]

References

  1. ^ Navigator Gas. Navigator Gas Press Release. Navigator Gas https://investors.navigatorgas.com/press-releases/news-details/2021/NAVIGATOR-HOLDINGS-LTD-AND-ULTRAGAS-APS-TO-MERGE-FLEETS--BUSINESSES-ENTITY--04-12-2021/default.aspx. Retrieved 9 August 2024. {{cite web}}: Missing or empty |title= (help)
  2. ^ Navigator Gas. Navigator Gas Press Release https://investors.navigatorgas.com/press-releases/news-details/2021/NAVIGATOR-HOLDINGS-LTD-COMPLETES-ON-THE-TRANSACTION-TO-MERGE-THE-FLEET--BUSINESSES-OF-ULTRAGAS-APS--08-04-2021/default.aspx. {{cite web}}: Missing or empty |title= (help)

Request edit October 2025

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I am an employee of Navigator Gas, and have a few suggestions to address the multiple issues flagged by the warning box, such as promotional language and structure. In following Wikipedia’s COI guidelines, I’ll list the suggested improvements below and will not directly edit the page myself. I’m being advised by User:Brucemyboy1212 at WhiteHatWiki. This round of requests will focus on organizing the article.

1. Change the “Overview” section to “History” and add a subsection called “1997-1999”

Why: I’ve reviewed both the WP:MOS and WP:GA such as [1] and [2] - the suggestion for encyclopedic articles on Wikipedia is to have a History section, not an Overview. The company histories are also divided into decades, which I think will help better organize this article, which has a lot of repetitive information. I’ll be referencing these policies and articles for guidance on the structural changes I’m suggesting in the following requests.

2. In the new “History” section, delete the first two paragraphs:

In 1997, Giovanni Mahler of Lugano, Switzerland and Shaun Fergusson Cairns of the Isle of Man formed Navigator Gas Transport PLC as an Isle of Man public limited company with the intention of constructing the world's "largest ethylene capable vessels."[citation needed]

The first five vessels were built in the Jiangnan Shipyard/CSTC shipyard in China, a shipyard known for constructing carriers that are technically complex and capable of transporting even ethylene gas. They provided regular transoceanic service with a shipping fleet of sophisticated large vessels capable of carrying different types and sizes of cargoes, such as liquefied petroleum gas and petrochemical gas, including ethylene to ports in North and South America, Asia, the Middle East, and Europe. Following a slump in the gas shipping transport market in the late 1990s and early 2000s, delays in the delivery of the vessels, and other factors, NGT was forced into a restructuring which was completed in 2006.

Why: All of this information is uncited and repeated in the “Early History of Navigator Gas Transport” section, which includes citations. I’m going to propose moving the cited paragraphs to this new section in the next request to help better organize this article.

These paragraphs are also written as a second lead, which does not follow WP:STYLE for an article about a company.

3. Move the first 5 paragraphs from the “Early history of Navigator Gas Transport” section, starting with: “In 1997, Giovanni Mahler of Lugano, Switzerland, and Shaun Fergusson Cairns of the Isle of Man and 2 other investors…”

Through: “Cayman Island-based Cambridge Gas Transport Corporation…”

To the new “History” section, “1997-1999” subsection.

Why: Moving to the new section to better organize this article in chronological order.

4. In the “History” section, before the first sentence of the 6th paragraph that reads:

In 2006 Navigator Gas Management Limited (NGML) and its affiliated companies were under new management and owned and operated "five semi-refrigerated 22,000 cubic meter liquefied ethylene gas carriers".[1] By 2006 Navigator Gas Management Limited (NGML) and its affiliated companies were under new management and owned and operated "five semi-refrigerated 22,000 cubic meter liquefied ethylene gas carriers".[1]

Add a new subsection called “2000-2009”.

Why: Same rationale as #1.

5. Move the remaining two paragraphs from the “Early history of Navigator Gas Transport”:

By February 29, 2000, Moody's reported that NGT's "balance sheet" was "fragile" due to its "high leverage"[2] and Moody's anticipated that the company would have to explore restructuring options. The delivery dates for the five vessels which were being constructed in Jiangnan, were delayed and were therefore subject to penalties imposed by the Chinese Export-Import Bank and Generale de Banque S.A.. The first vessel was on sea-trials in early 2000 and all five vessels were expected to be delivered by February 2001. Because of these factors, Moody's again lowered NGT's first notes to Caa2 from Caa1.[2]

By March 2002, as the "market for the transportation of petrochemical gases and derivative products" continued to weaken, Moody's again downgraded NGT's first notes to a rating of Ca. By 2002, Navigator had a "fleet of five 22,000 cbm semi-refrigerated gas/ethylene carriers". But with shipping rates so low that NGT was unable to "support interest payments."[3] In 2002 Moody's described NGT as "an Isle of Man public limited company operating out of Lugano, Switzerland and New York City."[3]

To be the first two paragraphs in the new “History” section, “2000-2009” subsection.

Why: Same rationale as #1.

6. Delete the section called “Early history of Navigator Gas Transport”.

Why: All of the information has been reorganized in the History section.

7. In the new “History” section, before the sentence that reads: “In 2012, when Wilbur Ross—who had acquired his first stakes in Navigator in 2011….”

Add a new subsection called “2010-2019”

Why: Same rationale as #1.

8. At the end of the new “History” section, after the sentence that reads: “By 2017, Navigator Holdings had 14 ethylene-capable….”

Add a new subsection called “2020-present” and the following sentence:

In August 2021,[4] Navigator Holdings merged with gas shipping company Ultragas,[5] creating a joint fleet of 56 ships.[4]

Why: Adding the most recent decade subsection to the “History” section to help better structure the article. A $1.3 billion merger with a large shipping company was very significant in its industry, as per the trade press.

References

  1. ^ a b "Navigator Chapter 11 Plan Goes Effective". Business Wire. New York. August 9, 2006. Retrieved November 6, 2017.
  2. ^ a b "Moody's downgrades Navigator Gas Transport's First Priority Ship Mortgage Notes to Caa2 from Caa1". Moodys. Rating Action. Global Credit Research. February 29, 2000. Retrieved November 7, 2017. The impact of the significantly lower freight rates has increased the likelihood of reliance on the letter of credit structure covering interest shortfalls on the first mortgage notes of up to two years from initial delivery ( $40 million) and working capital ($5 million) during start-up operations. Up to two years of interest payments on the second priority notes can be deferred. Drawings under the letter of credit are secured by a super priority lien on the vessels effectively subordinating both the first and second mortgage notes.
  3. ^ a b "Moody's downgrades Navigator Gas Transport's First Priority Ship Mortgage Notes to Ca". Moodys. Rating Action. Global Credit Research. March 5, 2002. Retrieved November 7, 2017.
  4. ^ a b "Navigator Holdings concludes merger deal with Ultragas". Ship Technology. 5 August 2021. Retrieved 25 July 2025.
  5. ^ Marine Log Staff (12 April 2021). "$1.3 billion gas shipping merger in works". Marine Log. Retrieved 26 July 2025.

AlexWalsterNVGS (talk) 16:13, 22 October 2025 (UTC)[reply]