CSIMarket
 

Navigator Holdings Ltd   (NVGS)
Other Ticker:  
 

Navigator Holdings Ltd 's

Competitiveness


 

NVGS Sales vs. its Competitors Q4 2023



Comparing the current results to its competitors, Navigator Holdings Ltd reported Revenue increase in the 4 quarter 2023 by 16.24 % year on year.
The revenue growth was below Navigator Holdings Ltd 's competitors' average revenue growth of 34.16 %, achieved in the same quarter.

List of NVGS Competitors

With a net margin of 15.77 % Navigator Holdings Ltd achieved higher profitability than its competitors.

More on NVGS Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Navigator Holdings Ltd Net Income in the 4 quarter 2023 grew year on year by 58.3%, while most of its competitors have experienced a contraction in net income by -11.43 %.

<<  NVGS Stock Performance Comparisons


Navigator Holdings Ltd 's Comment on Competitors and Industry Peers


The process of obtaining new charters is highly competitive, generally involves an intensive screening process and competitive bids, and often extends for several months.
While the majority of the existing handysize liquefied gas carrier world fleet is employed on 12-month charters, there is competition for the employment of vessels when these charters expire and for the employment of those vessels which trade on the spot market. Competition for mid- or longer-term charters is based primarily on industry relationships, experience and reputation for customer service, quality operations and safety, the experience and technical capability of the crews, the vessel’s efficiency, operational flexibility and physical life, and the competitiveness of the bid in terms of overall price.


Our existing fleet had an average age of 6.6 years, which is significantly less than the average age of the world-wide fleet of handysize liquefied gas carriers. We believe that our relatively young fleet positions us well to compete in terms of our vessels meeting the operational needs of charterers. We own and operate the largest fleet in our size segment, which, in our view, enhances our position relative to our competitors. While there are some barriers to entry, including the complexity of operating semi-refrigerated gas carriers that constantly require switching between a myriad of cargo types, crew expertise and the cost of liquefied gas carriers, new entrants have entered the market over the last five years.

We believe that the market for obtaining new charters will continue to be highly competitive for the foreseeable future. However, we believe that our relationships, the experience of the crews that service our vessels and the age and technical ability of our existing fleet, as well as our eight newbuildings expected to be delivered by July 2017, will provide us with a competitive advantage, both within the handysize segment and across the broader liquefied gas carrier industry.





  

Overall company Market Share Q4 2023

Despite strong revenue increase of 16.24 % in Overall company, Navigator Holdings Ltd lost market share, to approximately 5.24 %.




<<  More on NVGS Market Share.
 
*Market share is calculated based on total revenue.

  News about Navigator Holdings Ltd Contracts

Navigator Gas Enhances Liquefied Gas Industry with Successful Ammonia Ship-to-Ship Transfer amidst Stellar Financial Performance

Overturning industry norms and leading the way forward, Navigator Gas, the world?s largest operator of handysize liquefied gas carriers, has accomplished a milestone achievement. This trailblazing company, part of the broader Navigator Holdings Ltd., has successfully completed its initial ship-to-ship transfer of ammonia on April 3, 2024. This remarkable feat enhances the company's substantial influence over the liquefied gas industry and puts a spotlight on its innovative approach to operations and logisticsAmidst this groundbreaking performance in operational strategy, Navigator Holdings Ltd. has also demonstrated a robust financial stance in the market. Standing head-to-head with its competitors, the comp...





Who are Navigator Holdings Ltd 's Competitors?




Teekay Corporation
Share Performance



+30.74%
30 Days



Teekay Corporation
Profile

Teekay Corporation's business model focuses on providing marine energy transportation and storage services globally.

More about Teekay Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 892.033 mill. $ 1,464.975 mill. $ 517.423 mill.


Teekay Tankers Ltd
Share Performance



+79.40%
One Year



Teekay Tankers Ltd
Profile

Teekay Tankers Ltd operates as a provider of marine transportation services to global oil and gas companies. They generate revenue by chartering out their tankers to clients for the transportation of crude oil and refined petroleum products.

More about Teekay Tankers Ltd 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 2,483.031 mill. $ 1,364.452 mill. $ 513.671 mill.


Golar Lng Limited
Share Performance



+8.95%
30 Days



Golar Lng Limited
Profile

Golar LNG Limited operates as a liquefied natural gas (LNG) shipping company engaged in the transportation, regasification, and liquefaction of natural gas. Their business model involves owning and operating LNG carriers, providing floating storage and regasification units (FSRUs), and developing and operating LNG terminal infrastructure.

More about Golar Lng Limited's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 2,860.754 mill. $ 344.490 mill. $ -2.850 mill.


Sfl Corporation Ltd
Share Performance



-2.02%
Over The Past 5 Days



Sfl Corporation Ltd
Profile

SFL Corporation Ltd operates as a ship owning and chartering company, primarily focused on the maritime transportation industry. Their business model revolves around acquiring and managing a diverse fleet of vessels, which are then chartered out to a varied customer base including major shipping companies. By leveraging their expertise in asset management and global shipping markets, SFL aims to generate sustainable cash flows and long-term value for their shareholders.

More about Sfl Corporation Ltd 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,778.505 mill. $ 752.286 mill. $ 83.937 mill.


Capital Product Partners L p
Share Performance



-4.25%
30 Days



Capital Product Partners L p
Profile

Capital Product Partners L.P.'s business model revolves around operating and managing a fleet of tankers and other vessels for the transportation of liquid commodities, primarily petroleum products.

More about Capital Product Partners L p 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 355.926 mill. $ 360.586 mill. $ 47.888 mill.


Frontline Plc
Share Performance



+3.42%
Over The Past 5 Days



Frontline Plc
Profile

Frontline Plc operates as a business support services company, offering a range of outsourcing solutions across various industries. Their business model involves providing clients with back-office services, such as customer support, administrative tasks, and technology solutions, to help optimize operational efficiency and enhance business performance.

More about Frontline Plc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 6,114.663 mill. $ 1,826.264 mill. $ 656.414 mill.


Golden Ocean Group Limited
Share Performance



+59.23%
This Year



Golden Ocean Group Limited
Profile

Golden Ocean Group Limited operates as a dry bulk shipping company, utilizing a global fleet of vessels to transport commodities such as coal, iron ore, and grains. Their business model revolves around chartering these vessels to clients for transporting cargo, generating revenue through freight rates and maximizing profitability through efficient operations and strategic fleet management.

More about Golden Ocean Group Limited's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 3,061.308 mill. $ 885.767 mill. $ 112.268 mill.


Top Ships Inc
Share Performance



-3.53%
30 Days



Top Ships Inc
Profile

Top Ships Inc is a shipping company primarily engaged in the provision of seaborne transportation services for crude oil and petroleum products. They operate a fleet of tankers and generate revenue by chartering their vessels to customers on either a time charter or spot charter basis.

More about Top Ships Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 22.118 mill. $ 82.949 mill. $ 6.066 mill.


Nordic American Tankers Ltd
Share Performance



+13.00%
30 Days



Nordic American Tankers Ltd
Profile

Nordic American Tankers Ltd's business model revolves around the ownership and operation of a fleet of crude oil tankers.

More about Nordic American Tankers Ltd's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 889.536 mill. $ 391.687 mill. $ 98.711 mill.


Stealthgas Inc
Share Performance



-1.27%
This Quarter



Stealthgas Inc
Profile

Stealthgas Inc operates as a provider of international seaborne transportation services for liquefied petroleum gas (LPG).

More about Stealthgas Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 261.403 mill. $ 143.528 mill. $ 51.937 mill.


Tsakos Energy Navigation Limited
Share Performance



+22.79%
This Quarter



Tsakos Energy Navigation Limited
Profile

Tsakos Energy Navigation Limited is a global provider of maritime energy transportation services, specializing in the transportation of crude oil and petroleum products. The company operates a fleet of tankers under long-term charters with major oil companies, providing a reliable and efficient means of transporting energy resources worldwide.

More about Tsakos Energy Navigation Limited's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 890.184 mill. $ 889.566 mill. $ 305.084 mill.


Ardmore Shipping Corp
Share Performance



+56.36%
This Year



Ardmore Shipping Corp
Profile

Ardmore Shipping Corp operates as a shipping company, primarily focused on the transportation of petroleum products.

More about Ardmore Shipping Corp's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 935.132 mill. $ 395.978 mill. $ 116.808 mill.


Dynagas Lng Partners Lp
Share Performance



+26.27%
30 Days



Dynagas Lng Partners Lp
Profile

Dynagas LNG Partners LP operates as a midstream energy company that focuses on owning, operating, and acquiring liquid natural gas (LNG) carriers. They provide LNG transportation services to various customers worldwide, primarily through long-term contracts.

More about Dynagas Lng Partners Lp's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 146.841 mill. $ 160.480 mill. $ 24.309 mill.


Seapeak Llc
Share Performance



0.00%
This Quarter



Seapeak Llc
Profile



More about Seapeak Llc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 726.791 mill. $ 317.716 mill.


Dorian Lpg Ltd
Share Performance



+10.82%
30 Days



Dorian Lpg Ltd
Profile

Dorian LPG Ltd is primarily engaged in the transportation and logistics of liquefied petroleum gas (LPG) worldwide. Their business model focuses on owning and operating a fleet of modern LPG carriers, providing global transportation solutions to customers in the energy sector. Through efficient maritime operations, Dorian LPG aims to create value and deliver safe, reliable, and cost-effective LPG transportation services to meet the growing demand for this commodity.

More about Dorian Lpg Ltd 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,771.393 mill. $ 552.961 mill. $ 304.228 mill.


Singularity Future Technology Ltd
Share Performance



+4.76%
30 Days



Singularity Future Technology Ltd
Profile

Singularity Future Technology Ltd's business model is centered around the development and implementation of advanced technologies to drive future innovation and growth.

More about Singularity Future Technology Ltd 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 8.092 mill. $ 3.684 mill. $ -20.119 mill.



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com