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

Zululand Energy Terminal Signs HaA with ExxonMobil to Advance LNG Import Project

Zululand Energy Terminal Signs HaA with ExxonMobil to Advance LNG Import Project

Furetank VINGA Series Tanker to be Named

Furetank VINGA Series Tanker to be Named

Northern Grain Belt Ports Initiative Established

Northern Grain Belt Ports Initiative Established

Container Imports Soar at Port of Los Angeles

Container Imports Soar at Port of Los Angeles

Subscribe for Maritime Logistics Professional E‑News

Sources say that Russia will import gasoline via sea due to a shortage.
Qantas announces first route for ultra long-haul Project Sunrise flights
Taiwan claims its delegates were barred from Ocean Conference in Kenya