Financial Information

In March 2007 the Navig8 Group was set-up with initial equity capital of approximately US$50m. By January 2008, Navig8 completed a second round of capitalization with total funds raised of approximately US$30m against new share issue. Since inception, assets with a market value of US$550m were acquired. During its first 12 months of operations the company doubled its turnover, which is now well in excess of US$100m. With a total net equity projected at US$95m by financial year-end and leveraged well below industry standards, Navig8 Group is in an optimum position to continue with its current growth.

The group enjoys solid relationships with shipping banks and investors who continue to back our finance requirements.