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>

<< Apr 2020 >>
MTWTFSS
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 2 3

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Belgian Offshore Days 2020

During this event, a conference will be held with focus on “Increasing value by data driven innovation…

read more >

Europort Romania

Europort Romania is the premier maritime networking event of the Black Sea and will connect maritime technology and service suppliers with high level professionals from Romania and surrounding shipbuilding markets.

More info

read more >

MARITIME INDUSTRY 2020

The future of the maritime sector is the point of focus during Maritime Industry 2020.

read more >