Navios Maritime Announced Its $182.3m Acquisition Deal

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  • Navios Maritime announced its deal to acquire five dry bulk vessels for $182.3 million.
  • Two newbuilding vessels are expected to be delivered in the second half of 2022.
  • A Kamsarmax vessel in the first half of 2023.
  • The other three acquisitions from Navios Maritime Holdings will be delivered by July 2021.
  • With these vessels, Navios Maritime will have a total capacity of 9 million dwt.

Navios Maritime Partners L.P., an international owner and operator of dry cargo vessels, announced that it has entered into agreements to acquire five dry bulk vessels for a total consideration of approximately $182.3 million, says an article published on their website.

About the agreement

Two vessels are new building vessels, a Capesize vessel, which is bareboat charter-in and is expected to be delivered in the second half of 2022, and a Kamsarmax vessel to be delivered in the first half of 2023.

Three Capesize vessels, the Navios Azimuth, the Navios Ray and the Navios Bonavis, are being acquired from Navios Maritime Holdings Inc. for an aggregate purchase price of approximately $88.0 million and are expected to be delivered by July 2021. 

Navios Maritime fleet 

Following the above agreements, Navios Partners’ fleet (basis fully delivered fleet) consists of 94 vessels, of which 56 are dry bulk vessels and 38 are containerships. The fleet has total capacity of 9.0 million dwt.

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Source: Navios Maritime