Greece: Navios Holdings Receives New Addition in Its Fleet

Greece - Navios Holdings Receives New Addition in Its Fleet

Navios Maritime Holdings Inc., announced that the Navios Centaurus, a new building Kamsarmax vessel of 81,472 dwt, was delivered today from a South Korean shipyard to Navios Holdings’ owned fleet.

The vessel is chartered-out for 2 years at a net rate of $12,825 per day. It is anticipated that the Navios Centaurus will generate annual EBITDA of $3.0 million and aggregate EBITDA of $6.0 million over the life of the charter contract.

Navios Maritime Holdings Inc. is a global, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain.

Source: Navios Maritime, March 30, 2012