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

Oceanbird to Install Wing Sails on M/V Way Forward

Oceanbird to Install Wing Sails on M/V Way Forward

Liebherr Christens MV Patricia

Liebherr Christens MV Patricia

Nikkiso to Provide 16 Motor Pumps for German LNG Terminal

Nikkiso to Provide 16 Motor Pumps for German LNG Terminal

Shipsy Launches Logistics Intelligence Layer for Enterprise

Shipsy Launches Logistics Intelligence Layer for Enterprise

Subscribe for Maritime Logistics Professional E‑News

Iran's website shows that more ships are blacklisted for trying to pass through the Hormuz Strait.
Germany investigates new sabotage incidents as the EU retaliates against Russia following a drone attack
Europe could accelerate satellite launches to meet demand