A June collision involving a Navigator Holdings LPG carrier led to a nearly $10m repair bill, executives said today.
Chief executive David Butters said the New York-listed gas carrier owner originally expected a $10.5m cost to fix the 20,550-cbm Navigator Aries (built 2008) after it was involved in a collision with the with Tokei Kaiun's 2,450-teu boxship Leo Perdana (built 2007).
That led Navigator to take a $10.5m
