Panamax Bulk Carrier To Be Sold At $15M

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  • Angeliki Frangou’s Navios Maritime Partners had agreed to sell a 13-year-old panamax bulk carrier for $15m.
  • The firm said it has offloaded Navios Camelia to an unrelated third party, with the sale expected to complete in the fourth quarter of 2022. 

Navios Partners offloads panamax bulker for $15m, reports Splash247.com 

Panamax Bulk Carrier 

The Navios Maritime Partners had decided to sell a 13-year-old Panamax bulk carrier for $15m.The 75,162 dwt vessel bought in November 2019 for a reported price of $10.75m is valued at around $15.5m by VesselsValue. The firm said it has cleared Navios Camelia to an unrelated third party, with the sale expected to finalize in the fourth quarter of 2022. 

Including newbuilds and chartered-in vessels, Navios Partners’ fleet stands at 90 bulkers, 49 tankers, and 48 containerships.

The company had also sealed a new $210m loan to refinance debt ensured on 15 dry bulk vessels and five boxships. The loan matures in the second quarter of 2025 and bears interest at a secured overnight financing rate (SOFR) plus 250 basis points per year.

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Source: Splash247.com

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