Navigator Holdings finished the second quarter in the red yet again thanks to Venezuelan sanctions.

The New York-traded, London-based gas carrier owner reported a $7.7m loss after the close Thursday, more than double the $3.1m loss reported for the same period last year with revenues dropping slightly year-over-year to $73.2m from $73.6m.

The performance was a $0.14 loss on a per share basis, $0.10