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

OpenTug, Blessey Marine Services to Implement BargeOS Invoice Solution

OpenTug, Blessey Marine Services to Implement BargeOS Invoice Solution

Defunct Inland Waterways Users Board May be Dubious

Defunct Inland Waterways Users Board May be Dubious

Bangladesh Seeks US LNG Amidst Global Supply Disruptions

Bangladesh Seeks US LNG Amidst Global Supply Disruptions

Seacap, Shorly Enter Partnership for Port Transitions

Seacap, Shorly Enter Partnership for Port Transitions

Subscribe for Maritime Logistics Professional E‑News

Yemen Houthis claim ship attack that killed four in the Red Sea
Source: Credible missile threat led Trump to secretly switch aircraft
Saudi Arabia Bets on defensive allies to prevent war slide