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

Shipbuilding: DHT Accepts New VLCC

Shipbuilding: DHT Accepts New VLCC

Lee Wise Named President of W.S. Darley & Co.

Lee Wise Named President of W.S. Darley & Co.

Russia Attacks Damage Ukrainan Civilian Ship, Black Sea Port Facilities

Russia Attacks Damage Ukrainan Civilian Ship, Black Sea Port Facilities

Cocoa Prices Jump as Ivorian Port Arrivals Crawl

Cocoa Prices Jump as Ivorian Port Arrivals Crawl

Subscribe for Maritime Logistics Professional E‑News

Drivers in Poland are stuck in tailbacks up to 20 km long due to heavy snowfall
Europe stocks close at another record high as banks and miners lead
Russia and Ukraine accuse each other of attacks on civilians on New Year's Day