Navios Maritime Partners to acquire two capesize vessels for $134.3M, enhancing fleet capabilities with long-term charters and revenue growth.
Angeliki Frangou-led Navios Maritime Partners has agreed to acquire two Japanese newbuilding capesize vessels with scrubbers under 12-year bareboat-in contracts, valued at $134.3 million, reports Denmark's Shipping Telegraph.
The vessels are expected to join the fleet in the second half of 2028 and the first quarter of 2029. They have been chartered out for about five years at a floor rate of $25,000 per day, with profit sharing above that level.
Navios Partners also agreed to sell two VLCC tankers, built in 2009 and 2011, for $136.5 million to an unrelated third party, with delivery scheduled in the second quarter of 2026. In February, the company took delivery of a new aframax/LR2 tanker of 116,998 dwt, chartered out at $27,431 per day for five years.
New long-term charters are expected to generate $261 million in revenue, including five containerships, three dry bulk vessels, and three tankers. Overall contracted revenue now totals $3.8 billion through 2037.
Navios Partners operates a fleet of 67 dry bulk vessels, 51 containerships, and 53 tankers, including newbuildings scheduled through 2029. The company has fixed 71.4 percent of available days for 2026 and 43.2 percent for 2027, with expected contracted revenue of $1,043.1 million and $760.4 million respectively.
