Search results for: Navios Acquisition

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  • 29 June 2018
    Business & Finance

    Navios Acquisition proposed to acquire all publicly held units of Navios Midstream in a stock for units exchange.

  • 14 December 2018
    Business & Finance

    Navios Acquisition has completed the acquisition of the publicly held units of Navios Midstream.

  • 13 August 2013
    Business & Finance

      Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced today the acquisition and delivery of the Nave Celeste, a 298,717 dwt VLCC, built in 2003 in South Korea, for a purchase price of $35.4 million. The acquisition price was funded from cash on the balance sheet. The Nave Celeste will be […]

  • 12 July 2013
    Business & Finance

      Navios Maritime Acquisition Corporation (Navios Acquisition), an owner and operator of tanker vessels, announced today that the Nave Capella, a new building MR2 product tanker vessel of 49,995 dwt, was delivered from a South Korean shipyard on July 9, 2013. The Nave Capella has been chartered out to a quality counterparty for one year […]

  • 15 April 2016
    Business & Finance

    Navios Maritime Holdings Inc. and Navios Maritime Acquisition Corporation have terminated the USD 50 million loan agreement, pursuant to which Navios Acquisition provided a secured revolving loan facility to Navios Holdings in March 2016. No borrowings had been made under the revolver facility, the companies said. The move comes in the aftermath of a lawsuit filed by Metropolitan Capital […]

  • 9 July 2013
    Business & Finance

    Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced yesterday that the Nave Equinox, a 2007-built MR2 Ice Class 1A product tanker vessel of 50,922 dwt, was delivered on June 26, 2013. Navios Acquisition also announced that it has agreed to extend the existing charter on the Chemical Tanker Nave Polaris for […]

  • 8 October 2018
    Business & Finance

    Navios Acquisition has entered into a definitive merger agreement with Navios Midstream.

  • 20 November 2014
    Business & Finance

    Navios Maritime Acquisition Corporation has sold four Very Large Crude Carriers (VLCC) to Navios Midstream for USD 379.4 million, which will go towards reducing the company’s bank debt and fleet replenishment, the Monaco-based tanker operator said. Navios Acquisition contributed and/or sold to Navios Midstream all of the outstanding shares of capital stock of four of its VLCC-owning […]

  • 12 July 2013
    Business & Finance

    Navios Maritime Acquisition Corporation (Navios Acquisition), an owner and operator of tanker vessels, announced today 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. Two Chemical Tankers Navios Acquisition has agreed to acquire two […]

  • 26 November 2019
    Business & Finance

    Navios Maritime Acquisition Corporation is to acquire five product tankers in liquidation of Navios Europe I.

  • 6 February 2014
    Business & Finance

    Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, has taken delivery of the Nave Galactic, a 2009-built VLCC of 297,168 dwt. The Nave Galactic was purchased for $51.5 million, as part of the three VLCCs acquired in November 2013. Navios Acquisition also reported that the Shinyo Navigator, a 300,549 dwt VLCC built in […]

  • 2 November 2017
    Business & Finance

    Navios Holdings will fully prepay the loan facility entered into on September 19, 2016, with Navios Maritime Acquisition Corporation with a payment of USD 55.1 million in the fourth quarter of 2017, a year earlier than planned. The prepayment amount will consist of the USD 50.0 million drawn under the loan facility entered into with Navios Holdings and USD 5.1 million of accrued […]

  • 17 April 2019
    Business & Finance

    Navios Acquisition wraps up a sale and leaseback deal for vessel quintet.

  • 10 April 2014
    Business & Finance

    Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, has acquired a 2003-built VLCC of 298,287 dwt. The VLCC was purchased for $43.5 million and it will be delivered in Q2 2014. Navios Acquisition is expected to finance the acquisition with cash on its balance sheet and financing consistent with its existing credit […]

  • 22 October 2019
    Business & Finance

    With sale-and-leaseback, commercial bank debt and cash, the company extended debt maturities through 2027.

  • 21 October 2019
    Business & Finance

    The company would use the funds for general corporate purposes.

  • 1 August 2012
    Business & Finance

    Navios Maritime Acquisition Corporation (“Navios Acquisition”), an owner and operator of tanker vessels, announced that the Nave Atria, a new building MR2 product tanker vessel of 50,000 dwt, was delivered yesterday from a South Korean shipyard. Nave Atria has been chartered out to a high quality counterparty for three years at a rate of $13,331 […]

  • 8 May 2014
    Business & Finance

    Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that the Nave Jupiter, a newbuilding MR2 product tanker of 49,999 dwt, was delivered yesterday from a South Korean shipyard. The company said that Nave Jupiter has been chartered-out for two years to a high quality counterparty at a base rate of $14,319 […]

  • 7 February 2018
    Business & Finance

    Navios Acquisition is in advanced discussions for re-financing its credit facility of four product tankers.

  • 21 April 2016
    Business & Finance

    Owner and operator of tanker vessels Navios Maritime Acquisition Corporation has entered into charter deals for three of its product tankers at 14% higher average charter rates. The company’s Nave Equator, an MR2 product tanker, has been chartered to an undisclosed party for 18 months at USD 17,000 per day. The 2009-built ship is expected to generate USD […]

  • 19 August 2016
    Business & Finance

    Owner and operator of tanker vessels Navios Maritime Acquisition Corporation has reported its net income for the second quarter of 2016 at USD 12.2 million, representing a drop of USD 14.2 million compared to USD 26.4 million seen in the same quarter in 2015. The company said that the drop was mainly attributed to a decrease of USD 15.2 […]

  • 18 February 2013
    Business & Finance

      Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that the Nave Rigel, a new building LR1 product tanker vessel of 74,673 dwt, was delivered on February 13, 2013 from a South Korean shipyard. Nave Rigel has been chartered out to a high quality counterparty for one year at a rate […]