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

Compas Cartagena Terminal Employs LHM 600 Crane

Compas Cartagena Terminal Employs LHM 600 Crane

State Lawmakers Engage in Tours, Presentations During FreightWeekSTL

State Lawmakers Engage in Tours, Presentations During FreightWeekSTL

Elizabeth O’Connor Appoint as Executive Director of American Maritime Congress

Elizabeth O’Connor Appoint as Executive Director of American Maritime Congress

Subsea Global Solutions Launches New C-ROV Services

Subsea Global Solutions Launches New C-ROV Services

Subscribe for Maritime Logistics Professional E‑News

Is the Iran War just an energy shock or a turning-point? Russell
Dutch transportation minister defends Tesla FSD approval
Seven anarchists arrested in Italy over Winter Olympics rail sabotage network