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Navios Maritime Acquisition buys 10-year old VLCC
Navios Maritime Acquisition Corp (NMA) has acquired a 10-year old VLCC for $35.4m.
1 Min Read
Kalyakan - stock.adobe.com
The New York-listed Greek shipowner has taken delivery of the 2003-built, 298,717 dwt Nave Celeste.
The Nave Celeste will take over the remaining 3.3 years of charter currently being performed by the 1996-built Shinyo Navigator for $42,705 per day. NMA said it was “assessing market opportunities” for the Shinyo Navigator which is valued at $22m.
"We were able to replace an aging vessel with a much younger vessel, having 7 more years of useful life with only nominal additional cost, considering the need for dry docking and the consequential off hire," said Angeliki Frangou, chairman and ceo of NMA.
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