Navios Acquisition Invests Big in Its Tanker Fleet

Navios Maritime Acquisition Corporation (Navios Acquisition), an owner and operator of tanker vessels, announced Thursday, July 11 that it has agreed to acquire two newbuilding chemical tankers and has also exercised the options to acquire two MR2 product tankers for an aggregate purchase price of $130.2 million.

Navios Acquisition has agreed to acquire the two newbuilding chemical/product tankers for approximately $33.6 million each. The vessels are 45,000 dwt each, with estimated deliveries in the third quarter of 2013. Upon delivery, these vessels will be named the Nave Universe and the Nave Constellation.

What is more,  Navios took delivery of the Nave Capella, a new building MR2 product tanker vessel of 49,995 dwt, from a South Korean shipyard on July 9, 2013. The Nave Capella has been chartered out to a quality counterparty for one year at a rate of $13,825 net per day.

This was preceded by another delivery, that of the Nave Pulsar, a 2007-built MR2 Ice Class 1A product tanker vessel of 50,922 dwt, which took place on July 9, 2013.

Navios Acquisition has 27 vessels in the water following the delivery of the Nave Capella and the Nave Pulsar.

[mappress]
Press release, July 12, 2013