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Green Marine

about 13 years ago

Greece: Navios Acquisition Extends Charter for Two Tankers

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced yesterday that it has agreed to extend the existing charters on the Chemical Tankers Nave Cosmos and Nave Polaris for an additional six month period ending in Q3 2013 at the existing base rate with profit sha

1 minutes read

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced yesterday that it has agreed to extend the existing charters on the Chemical Tankers Nave Cosmos and Nave Polaris for an additional six month period ending in Q3 2013 at the existing base rate with profit sharing increased to 50%.

The charterer has also been granted an option to extend the contract for an additional year at a rate of $12,188 net per day with 50% profit sharing.

Navios Acquisition has contracted 88.2% and 55.4% 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 3.0 years.

[mappress]

Navios Acquisition, January 23, 2013

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