Navigator Holdings Ltd. CEO, Mads Peter Zacho, Discusses its Bluestreak CO2 Joint Venture
NEW YORK, July 05, 2023 (GLOBE NEWSWIRE) -- Mr. Mads Peter Zacho, Chief Executive Officer of Navigator Holdings Ltd., (NYSE: NVGS), participated in Capital Link’s Trending News Podcast Series, hosted by Mr. Nicolas Bornozis, President of Capital Link.
- NEW YORK, July 05, 2023 (GLOBE NEWSWIRE) -- Mr. Mads Peter Zacho, Chief Executive Officer of Navigator Holdings Ltd., (NYSE: NVGS), participated in Capital Link’s Trending News Podcast Series, hosted by Mr. Nicolas Bornozis, President of Capital Link.
- In this Podcast Series, company management discusses and comments on recent news and announcements.
- During the interview, Mr. Zacho expanded on Navigator’s decision to sign a non-binding memorandum of understanding with Bumi Armada Berhad, one of the world’s largest floating infrastructure operators, to establish a joint venture company, the Bluestreak CO2 Joint Venture, to provide CO2 shipping and injection solutions in the United Kingdom.
- The Bluestreak CO2 Joint Venture, to be owned 50% by Navigator and 50% by Bumi Armada, aims to provide an end-to-end solution for carbon emitters to capture, transport, sequester and store their carbon dioxide emissions in line with the United Kingdom’s Industrial Decarbonization Strategy.