NMM Acquires Five Containerships

Laxman Pai
Thursday, January 9, 2020

Greek owner and operator of dry cargo vessels Navios Maritime Partners has taken delivery of five containerships upon the liquidation of Navios Europe.

The five vessels comprise three Sub-Panamaxes and two Panamaxes, has been acquired for about USD 52 million.

The vessels - 2,007 TEU Esperanza N, the 2,741 TEU Protostar N, the 2,824 TEU Harmony N, the 3,091 TEU Castor N and the 3,398 TEU Solar N - were built between 2006 and 2008.

Navios Partners received approximately $49.6 million in satisfaction of its receivable from Navios Europe I.

Separately, Navios Partners incurred a $23.5 million loan from a commercial bank, with interest at LIBOR plus 400 bps and a maturity in September 2020.  

Categories: Ship Sales Container Ships Vessels

Related Stories

Applied Acoustics Deploys Pyxis INS + USBL System for SEP Hydrographic

800-Ton Goliath Crane Takes Shape in Port of Chioggia

Crewed Up, Not Crew Cut: How ARC Is Rethinking Retention at Sea

Current News

Gram Car Carriers Rolls Out Orca AI Navigational Analytics Platform

Morocco’s Marsa Maroc to Acquire 45% Stake in Spain’s Boluda Maritime Terminals

Applied Acoustics Deploys Pyxis INS + USBL System for SEP Hydrographic

800-Ton Goliath Crane Takes Shape in Port of Chioggia

Subscribe for Maritime Logistics Professional E‑News