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Thursday, May 17, 2012

Navios announces delivery of newbuild Kamsarmax

Navios Maritime Holdings Inc., a large, global, vertically integrated seaborne shipping and logistics company, announced that the Navios Avior, a new building Kamsarmax vessel of 81,355 dwt,

was delivered from a South Korean shipyard to Navios Holdings' owned fleet.

The vessel is chartered-out for 2 years at a net rate of $12,716 per day.

It is anticipated that the Navios Avior will generate annual EBITDA of $3.0 million and aggregate EBITDA of $6.0 million over the life of the charter contract.

Source: Navios Maritime Holdings Inc.