- Acquisition price: $147.8 million
- Latest exercise date: June 5, 2015
- Delivery of vessel : Q3 2015
- Remaining charter duration at delivery: 12 years (with Navios Partners’ option to terminate after year seven)
- Charter rate: $60,275, net per day
Navios Maritime Partners L.P announces acquisition of option to acquire 13,100 TEU container vessel
posted by AJOT | Feb 26 2015 at 03:24 PM | Liner Shipping
Navios Maritime Partners L.P., an international owner and operator of container and drybulk vessels, has 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 as follows:
If the option is exercised, the vessel is expected to generate approximately $18.4 million of annual EBITDA and approximately $212.4 million of aggregate EBITDA for the charter period, assuming operating expenses approximating current operating costs and 360 revenue days.