Navios Partners Completes Sale of MSC Cristina

Image Courtesy: Port of Hamburg/Dietmar Hasenpusch

US-headquartered dry bulk shipping company Navios Maritime Partners revealed it has completed the sale of MSC Cristina, a 13,100 TEU containership. 

The Neopanamax was sold to an unknown party for USD 125 million, the company said.

Around USD 100 million of the sale proceeds were used to repay bank debt, Navios Partners added.

Market value of the vessel currently stands at USD 71.57 million, VesselsValue’s data shows.

MSC Cristina, which has a length of 366 meters and a width of 48.2 meters, was built by South Korean shipbuilder Hyundai Heavy Industries (HHI) in 2011.

Following the completion of the sale of MSC Cristina, Navios Partners has a fleet of 31 vessels, comprising 24 bulkers and 7 boxships.

Image Courtesy: Port of Hamburg / Dietmar Hasenpusch

Share this article

Follow World Maritime News

In Depth>

Events>

<< May 2017 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

2ND ANNUAL PORTS AND TERMINALS INSURANCE SEMINAR

DETAILED GUIDANCE ON HOW THE INSURANCE MARKET IS CHANGING, HOW RISKS ARE ASSESSED AND WHAT…

read more >

9th Annual: UK Ports Conference 2017

The UK Ports Conference returns for the ninth year to provide the latest insights for the ports, shipping and maritime sectors, reviewing…

read more >

Posidonia Sea Tourism Forum 2017

The 2017 Posidonia Sea Tourism Forum will provide a unique platform to evaluate new investment opportunities and meet the leaders…

read more >

BARI-SHIP2017

At Bari-Ship you will meet not only the owners and leaders of these companies, but also the entire spectrum of managerial, operational and production staff…

read more >