Greece: ‘Nave Orion’ Arrives from South Korean Shipyard

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced yesterday that the Nave Orion, a new building MR2 product tanker vessel of 49,999 dwt, was delivered on March 22, 2013 from a South Korean shipyard.

Nave Orion has been chartered out to a high quality counterparty for three years at a rate of $13,331 net per day plus 50% profit sharing. The charterer has been granted an option for an additional year at a rate of $14,813 net per day plus 50% profit sharing.

The vessel is expected to generate approximately $2.5 million of annual base EBITDA and approximately $7.4 million of aggregate base EBITDA assuming operating expense approximating current operating costs and 360 revenue days per year.

Fleet Update

Navios Acquisition has contracted 91.1% and 56.4% of its available days on a charter-out basis for 2013 and 2014, respectively.

The average charter-out period of Navios Acquisition’s fleet is 2.8 years.

Navios Maritime, March 26, 2013

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jul 2019 >>
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

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 >