Navios Charters Out VLCC

NYSE-listed tanker owner and operator Navios Maritime Acquisition Corporation has found a 2-year charter gig for one of its Very Large Crude Carriers (VLCCs).

Navios chartered out the 2003-built Nave Neutrino to ”a high quality counterparty” for two years at an average rate of USD 40,500 net per day with the first and last month of the contract being priced on the BITR TD3-TCE index.

The vessel is expected to generate approximately USD 20.9 million of base EBITDA for the period of this charter assuming operating expense approximating current operating costs.

Navios currently has 37 vessels on water and has contracted 98.6% of its available days for 2015 and 46% for 2016.

Share this article

Follow World Maritime News

In Depth>

Events>

<< May 2019 >>
MTWTFSS
29 30 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

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >