New York-listed gas carrier owner Navigator Holdings has secured more term coverage as analysts talk up its share price growth potential.

The shipowner said it has agreed fixed-rate coverage for three of its 37,300-cbm midsize ethane carriers.

The Navigator Eclipse (built 2016) has won a four-year extension to its existing contract from March 2022, while the Navigator Nova (built 2017) has a three-year extension in place, starting in September 2023.