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

MPA, World Maritime University to Continue Strengthening Maritime Education, Leaders

MPA, World Maritime University to Continue Strengthening Maritime Education, Leaders

Maersk, Hapag-Lloyd to Resume Suez Canal Sailings

Maersk, Hapag-Lloyd to Resume Suez Canal Sailings

Terminal Portuario de Guayaquil Surpasses 2,200 Hours of Simulated Port Training

Terminal Portuario de Guayaquil Surpasses 2,200 Hours of Simulated Port Training

Port of Québec Advances 16 MW Shore Power Project for Cruise Ships

Port of Québec Advances 16 MW Shore Power Project for Cruise Ships

Subscribe for Maritime Logistics Professional E‑News

Minister: Georgia will take full responsibility for the development of a major Black Sea deep water port
The Supreme Court's decision to dismiss the challenge by the Netanyahu government has reignited a judicial dispute
As the far-right AfD aims for power, thousands of protesters in Germany are taking to the streets.