Greece-based owner and operator of dry bulk and container vessels, Navios Maritime Partners L.P. is to acquire a 2005-built Panamax vessel for US$12.95 million, with delivery expected in March 2018.
The Panamax vessel, which weighs approximately 87 000 DWT is to be purchased by Navios Maritime Partners for US$12.95 million.
Following this acquisition, Navios Maritime Partners will control 40 vessels.
Based on the current rate environment (Clarksons’ 1-year time charter rate for Panamax vessels as of 2 March 2018), the vessel is expected to generate approximately US$3.2 million of annual EBITDA, assuming operating expenses approximating current operating costs and 365 revenue and cost days.
Read the article online at: https://www.drybulkmagazine.com/shipping/13032018/navios-maritime-partners-to-add-another-panamax-vessel-to-fleet/