Navigator Gas has seen second quarter net income slide by almost 60% on the back of a weaker handysize LPG market.
The Wilbur Ross-backed gas shipping entity said net profit was $11.1m versus the $27.4m seen twelve months earlier.
Operating revenue for the three months ended 30 June 2016 was down 13.8% to $72.5m, while total operating costs increased 8.2% to $53.6m.
“Since
