Navios Acquisition Disposes of Chemical Tanker

  • Business & Finance

Greek tanker owner Navios Maritime Acquisition Corporation (Navios Acquisition) has informed that it closed the sale of the Nave Constellation, a 2013-built chemical tanker. 

The 50,000 cbm vessel was sold for USD 36.4 million to an unnamed buyer. Navios Acquisition revealed it used USD 16.4 million of the total amount for repayment of debts.

According to the company, the ship was acquired in 2013 for USD 33.6 million.

Earlier this year, Navios Acquisition agreed to dispose of two second-hand chemical tankers, including the 45,281 dwt Nave Constellation and the 45,513 dwt Nave Universe, for USD 74.6.

The sale was said to result in an expected book gain of approximately USD 11.7 million, as the tankers were acquired in 2013 for a lower purchase price of USD 67.2 million.

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