Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced yesterday that the Nave Equinox and the Nave Pulsar have been chartered out to a quality counterparty for six months at a rate of $13,331 net per day plus profit sharing based on a formula which incorporates a premium when vessels are trading in ice. Charterer has been granted an option for an additional six months at same terms.
The vessels are expected to generate approximately $2.5 million of aggregate base EBITDA for the period of this charter assuming operating expense approximating current operating costs.
Navios Acquisition has contracted 96.7% and 64.0% 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 2.3 years.
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Navios Acquisition, September 19, 2013