Navios Maritime Partners acquires two dry bulk vessels

The dry cargo vessels operator now has a fleet with more than 50 vessels

Navios Maritime Partners acquired two dry cargo vessels, according to Hellenic Shipping News. The international owner and operator of dry cargo vessels, Naxios Maritime Partners has completed the acquisition of Navios Gem, a 2014-built Capesize vessel of 181,336 dwt, and the Navios Victory, a 2014-built Panamax vessel of 77,095 dwt.

The vessels were acquired for an aggregate purchase price of USD 51 million from Navios Maritime Holdings, subject to working capital adjustments. The acquisition was partially financed with a USD 33 million new credit facility.

Following the acquisition, Navios Partners has a fleet of 55 vessels, of which 15 are Capesize vessels, 24 Panamaxes, six Ultra-Handymaxes and ten Containerships.