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January 24, 2013
08:45 EDTNNANavios Acquisition announces delivery of MR2 vessel with three-year employment
Navios Maritime Acquisition announced that the Nave Bellatrix, a new building MR2 product tanker vessel of 49,999 dwt, was delivered today from a South Korean shipyard. Nave Bellatrix has been chartered out to a high quality counterparty for three years at a rate of $13,331 net per day plus 50% profit sharing. The charterer will receive the first $1,000 of profits above the base rate and the owner will receive next $1,000 of profits. Thereafter, all profits will be split equally to each party. The charterer has been granted an option for an additional year at a rate of $14,813 net per day plus 50% profit sharing. The vessel is expected to generate approximately $2.5M of annual base EBITDA and approximately $7.4M of aggregate base EBITDA assuming operating expense approximating current operating costs and 360 revenue days per year.
News For NNA From The Last 14 Days
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April 23, 2015
08:46 EDTNNANavios Maritime, Navios Acquisition, Navios Maritime Partners acquire 14 vessels
Navios Maritime (NM), Navios Maritime Acquisition (NNA) and Navios Maritime Partners (NMM) have executed a binding letter of intent to acquire 14 vessels from debtors of HSH Nordbank AG through a new joint venture. The 14 vessels include seven dry bulkers and seven container vessels with an average age of approximately 4 years. The transaction is expected to close in Q2. The Navios JV will not be consolidated into any of the Navios public entities. The transaction is still subject to certain conditions, and no assurance can be provided that the transaction will be concluded as contemplated, if at all. Navios estimates the purchase price to be paid to HSH will consist of cash and the assumption of a Subordinated HSH Participating Loan.
April 16, 2015
08:33 EDTNNANavios Acquisition chartered out one VLCC, two MR2 product tankers
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