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

Report Details Four Ship Breakaways During Storm

Report Details Four Ship Breakaways During Storm

Consortium to Advance e-Fuel Green Corridor Between Brazil and Belgium

Consortium to Advance e-Fuel Green Corridor Between Brazil and Belgium

Panama Canal Reduces Maximum Vessel Draft for Neopanamax Locks

Panama Canal Reduces Maximum Vessel Draft for Neopanamax Locks

Maritime Drone Self-Detonates in Constanta Port

Maritime Drone Self-Detonates in Constanta Port

Subscribe for Maritime Logistics Professional E‑News

Southwest Airlines sticks with Boeing after MAX 7 delays push service back to 2027
Ethiopia Airlines to make decision on regional jets in the next three weeks
Boeing executive: China can get aftermarket support for its 200-jet aircraft order.