The Wilbur Ross-backed shipowner said net income for the fourth quarter was $24.2m against the $10.8m seen a year earlier.
The US-listed handysize LPG carrier specialist saw revenue increase 16.5% to $78.4m, while operating costs were down over 11% to $46.3m.
Navigator said it was also helped by improved vessel utilization, increased charter rates and a rise in the number of voyage charters undertaken relative to time charters.
The
