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Navios Partners Acquires Bulker Duo

2018-08-03
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Bulker operator Navios Maritime Partners has inked an agreement to buy a pair of bulkers from its affiliate, Navios Maritime Holdings, for US$79 million in July 2018.

The ships in question are the 2016-built Panamax Navios Sphera and the 2016-built Capesize Navios Mars, featuring 84,872dwt and 181,259dwt respectively.

Navios Partners mentioned the acquisition in its second quarter financial report. Besides, the company bolstered its fleet with three Panamaxes, built in 2006 and 2005, for the period. The three vessels are respectively the 74,475dwt Navios Altair I, the 74,381dwt Navios Symmetry, and the 87,052dwt Navios Apollon I.

In addition, Navios Partners booked a net loss of US$29.5 million in the second quarter, down from a net income of US$4.1 million recorded in the same period a year ago.

Source:secondhand bulker