Navigator Gas published its MD&A report, reporting total operating revenues of USD 152.83 million for the quarter ended Dec. 31, 2025, up 6% from the prior-year quarter. Average daily TCE across the fleet was USD 30,647, while normalized fleet utilization was 90%. The company said about 37% of available days for the 12-month period starting Jan. 1, 2026 are covered by time-charter contracts. It also said first-quarter 2026 throughput at its Ethylene Export Terminal is expected to be at or above fourth-quarter 2025 levels.
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