Navios acquires 2009-built containership

Navios's Navios Tempo MarineTraffic.com/C.van der Have
Navios's Navios Tempo MarineTraffic.com/C.van der Have
MarineTraffic.com/C.van der Have – Navios's Navios Tempo
MarineTraffic.com/C.van der Have – Navios's Navios Tempo

Navios Maritime Containers has agreed to acquire a 2009-built, 4,563TEU containership for US$13.9 million from an unrelated third party.

Based on the current rate environment, approximately US$12,800 per day for six- to 12-month time charter rates on 4,400 TEU, Navios expects the vessel will generate approximately US$2.1 million of EBITDA over the next twelve months.

Navios Containers is expected to finance the acquisition with cash on its balance sheet and US$9.0 million of additional bank debt on terms consistent with its existing credit facilities.

The vessel is expected to be delivered in the second half of 2018.

Related Stories

No stories found.
logo
Baird Maritime / Work Boat World
www.bairdmaritime.com