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Stock Market & Financial Investment News

News Breaks
January 21, 2014
08:53 EDTNMMNavios Maritime Partners delivered Navios Sun at a rate of $13,063 net per day
Navios Maritime Partners announced that the Navios Sun, a 2005-built panamax vessel of 76,619 dwt, was delivered to Navios Partners' owned fleet on January 17. The Navios Sun has been chartered out to a high quality counterparty for 12 to 14 months at a rate of $13,063 net per day. The vessel is expected to generate approximately $3.3M aggregate EBITDA for the period of this charter assuming current operating costs.
News For NMM From The Last 14 Days
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February 26, 2015
09:35 EDTNMMNavios Maritime Partners acquires option to acquire on TEU container vessel
Navios Maritime Partners announced that it has secured, for no consideration, an option to acquire a 2012 South Korean-built container vessel of 13,100 TEU from an unrelated third party. The vessel is currently chartered out to a high quality counterparty for a twelve-year period ending May 2027. The main terms of the option are an acquisition price of $147.8M; latest exercise date of June 5; delivery of vessel in Q3; remaining charter duration at delivery of 12 years with Navios Partners' option to terminate after year seven; a charter rate of $60,275, net per day.

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