Navigator Gas held earnings from its ships on a steady course during the third quarter even as Hurricane Beryl delivered a blow to ethylene exports from the US Gulf Coast.
As the New York-listed gas carrier owner and operator reported an earnings dip, it said its average time-charter equivalent rate stood at just under $29,100 per day.
That is slightly lower than the $29,600 per day earned in the second quarter and a sizeable improvement on the $26,300 per day that its ships reeled in during the third quarter last year.
