Navios Maritime Completes Acquisition Of Capesize Vessel For US$28.8 Million

Published: Jul 27 2017
Deal Summary

Navios Maritime Partners L.P., an owner and operator of drybulk and container vessels, completed the acquisition of Capesize vessel, for purchase consideration of US$28.8 million (MM).

Of the total consideration, Navios Maritime paid US$2.1 MM through issuance of 1 MM shares, at a price of US$2.1 per share.

The vessel is 2010 Hyundai-built Capesize vessel, with dead weight tonnage of approximately 179,314 tons.

The transaction enables Navios Maritime to expand its fleet of vessels.

Deal history

Completed: On August 21, 2017, Navios Maritime completed the acquisition of Capesize vessel, for purchase consideration of US$28.8 MM.

Announced: On July 27, 2017, Navios Maritime agreed to acquire Capesize vessel, for purchase consideration of US$28.8 MM.

You can receive free Monthly detailed “Deals Analysis Alerts” delivered directly to your
inbox – sign up below:

* Indicates Mandatory
*Name:  
*Company:  
*Email:    
*Country:  
*Phone Number:          
Comments:
  captcha refresh
Enter Captcha Code:    

Send to friend

*Your EmailID:    
Message:
*Friend's EmailID:    
  captcha refresh
Enter Captcha Code: