The five are employed on charters with a net daily charter rate of $26,850. The charters expire in 2018 and early 2019 and the vessels are expected to generate $45 million of EBITDA during the charter period.
The master agreement provides for the acquisition of nine additional vessels, four of which are laid up and none of which are employed under long-term charters.
Navios Partners will now focus on acquiring the balance of the fleet. The acquisition is subject to a number of conditions, and no assurance can be provided that the acquisition will close in all or part.
The master agreement provides for the acquisition of nine additional vessels, four of which are laid up and none of which are employed under long-term charters.
Navios Partners will now focus on acquiring the balance of the fleet. The acquisition is subject to a number of conditions, and no assurance can be provided that the acquisition will close in all or part.