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

Maersk Chooses Charlotte for its North American Headquarters

Maersk Chooses Charlotte for its North American Headquarters

Ruling Allows South African Welfare Group to Inspect Vessels

Ruling Allows South African Welfare Group to Inspect Vessels

APM Terminals Invests $550m in Callao Port

APM Terminals Invests $550m in Callao Port

Liebherr BOS Cranes Celebrates 50 Years

Liebherr BOS Cranes Celebrates 50 Years

Subscribe for Maritime Logistics Professional E‑News

The US Tourism industry is expected to benefit from the FIFA World Cup
Officials say that ten people were killed and forty wounded by a heavy Russian attack in Ukraine
Spain's eDreams shares plummet over 30% after the company cuts its earnings guidance