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

Ukrainian Drone Attack Hits St Petersburg Oil Terminal

Ukrainian Drone Attack Hits St Petersburg Oil Terminal

CMA CGM Celebrates Naming NOTRE DAME, the Largest French-Flagged Containership

CMA CGM Celebrates Naming NOTRE DAME, the Largest French-Flagged Containership

Swire Shipping Announces New Branch Office in Timor-Leste

Swire Shipping Announces New Branch Office in Timor-Leste

ICS Publications Releases 6th Edition of Environmental Compliance Shipping Guide

ICS Publications Releases 6th Edition of Environmental Compliance Shipping Guide

Subscribe for Maritime Logistics Professional E‑News

IHC makes gains in India Aluminium Venture
Sources say that Russia is set to import North Asian Jet Fuel amid the fuel crisis.
CMA CGM ship damaged by missile in the Hormuz Strait could be scrapped, CEO states