marine link image
REGISTER NOW FOR the Port of the Future Conference • 2 Days, 50 Ports • Houston, TX • March 24–25, 2026

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

ICTSI Launches South Luzon Container Terminal

ICTSI Launches South Luzon Container Terminal

Bio-Methanol Gaining Traction as Alternative Fuel

Bio-Methanol Gaining Traction as Alternative Fuel

Los Angeles Largely Insulated from Iran war Disruptions

Los Angeles Largely Insulated from Iran war Disruptions

Trump Administration Considers Jones Act Waiver

Trump Administration Considers Jones Act Waiver

Subscribe for Maritime Logistics Professional E‑News

US Department of Energy invests $1.9 billion in power grid upgrades
US natgas at Waha Hub, Texas, remains negative for the 25th consecutive day
South Korea Police raid Transport Ministry to expand Jeju Air crash investigation