Navios Partners Buys Five Rickmers Containerships

Posted by Eric Haun
Thursday, May 25, 2017
Owner and operator of dry bulk and container vessels Navios Maritime Partners L.P. said it has acquired five containerships from Rickmers Maritime Trust Pte for $59 million.
The five 4,250 TEU vessels are employed on charters with a net daily charter rate of $26,850 into 2018 and early 2019. The vessels, which are expected to generate approximately $45 million of EBITDA during the charter periods, will be sold to Navios Maritime Containers Inc.
Under its agreement with Rickmers Trust, Navios Partners will acquire another nine vessels, four of which are laid up. None of these vessels are employed under long-term charters.
Categories: Container Ships Ship Sales Vessels Mergers & Acquisitions

Related Stories

CMA CGM to Register 10 Vessels Under French Flag Following Scrutiny at Home

CMA CGM Places First Order for Indian-Built Vessels

Chinese Container Ship Completes Northern Sea Route, Halves UK Delivery Time

Current News

Suez Canal Revenues Rise as Red Sea Tensions Ease

Egypt's Suez Canal Revenues Rise 14% as Red Sea Tensions Ease

Port of Oakland Sets Renewable, Zero-Carbon Power Record in 2024, Secures Clean Energy Storage Agreement

DFDS to Sell Freight Ferry for Fleet Optimization

Subscribe for Maritime Logistics Professional E‑News