marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

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

SESCO Cement Commissions New Silos at Houston Terminal

SESCO Cement Commissions New Silos at Houston Terminal

Port of Bilbao Reflects As 2026 Cruise Season Reaches Last Calls

Port of Bilbao Reflects As 2026 Cruise Season Reaches Last Calls

Seatrium, Karpowership Link Up on Floating Power and Digital Infrastructure

Seatrium, Karpowership Link Up on Floating Power and Digital Infrastructure

Japanese Giants Join Forces on Four Ammonia-Fueled Car Carriers

Japanese Giants Join Forces on Four Ammonia-Fueled Car Carriers

Subscribe for Maritime Logistics Professional E‑News

Pentagon: Boeing has won the contract for next-generation US Navy fighters.
TSA officers are not allowed to sit down during ID checks in US airports
US airlines oppose China’s bid to increase flights