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>

<< Nov 2019 >>
MTWTFSS
28 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 1

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

CrewConnect Global 2019

CrewConnect Global is the leading forum for collaboration to advance new industry approaches to seafarer recruitment and training.

read more >

CruiseConnect Global 2019

Attend CrewConnect Global and stay on for the CruiseConnect Summit to take part in an industry-wide conversation focused…

read more >

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >