New York-listed Navigator Holdings has moved to streamline its fleet, signing a non-binding letter of intent to sell eight gas carriers and its stake in the Unigas pool in a deal worth about $183m. The buyer group includes Bernhard Schulte (Singapore) and Germany’s Sloman Neptun, both existing partners in the Unigas International joint venture. The vessels earmarked for sale range from 6,800 cu m to 12,000 cu m and were built between 2008 and 2017, with an average age of around 13 years. On completion, Navigator will fully exit the Unigas Pool, leaving the remaining partners to continue operations. The London-headquartered owner said the ships are considered non-core and the deal fits with its push to simplify the business and focus on higher-spec tonnage. Chief executive Mads Peter Zacho noted that the move aligns fleet composition and capital allocation with long-term strategy, adding the company remains focused on assets that support its core trades. Navigator is a leading handysize LPG carrier specialist, operating a fleet of more than 50 semi- or fully refrigerated vessels, many of them capable of carrying ethylene and ethane. The company said the ships are expected to be sold at around net asset value, with proceeds set to support general corporate purposes and ongoing fleet renewal. The transaction should close in the fourth quarter of 2026. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsGermany Netherlands United Kingdom