Navios Partners Completes Sale of MSC Cristina

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>

<< Aug 2019 >>
MTWTFSS
29 30 31 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

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

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 >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >