NMM Acquires Five Containerships

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.  

Logistics News

New Zealand selects two LNG terminal bidders for energy security

New Zealand selects two LNG terminal bidders for energy security

Port Everglades Contributes $48.3b in Economic Impact, 300,000 Jobs for Florida

Port Everglades Contributes $48.3b in Economic Impact, 300,000 Jobs for Florida

Report Details Four Ship Breakaways During Storm

Report Details Four Ship Breakaways During Storm

Consortium to Advance e-Fuel Green Corridor Between Brazil and Belgium

Consortium to Advance e-Fuel Green Corridor Between Brazil and Belgium

Subscribe for Maritime Logistics Professional E‑News

New Zealand's Capital City is hit by a storm, which cancels flights and ferries
India confirms that the crew of an Indian oil tanker is safe after a fire was reported off the coast of Oman.
Sources: German and French leaders are unable to resolve the FCAS fighter jet dispute