Navios Announces New Long-Term Time Charters

Thursday, March 01, 2007
Navios Maritime Holdings Inc. has secured two new favorable time charter contracts. For the 2004-built panamax Navios Hyperion, a 24-month charter commenced February 26, 2007, at a net rate of $26,268 per day, replacing a charter at a rate of $15,400 per day. For the 2005-built Navios Orion, a 24-month charter commenced March 1, 2007, at net rate of $27,312 per day, replacing a charter at a rate of $21,175. In a related development, Navios announced that it had taken delivery of the Navios Hyperion into its owned fleet on February 26, 2007. The purchase option price for this vessel was approximately $20.2 million. Navios Hyperion's current market value is estimated at $50.5 million. This new delivery brings the total owned fleet to 21 vessels (one capesize, nine panamaxes, ten ultra-handymaxes and one product tanker).
Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

USCG Rescues 4 From Burning Boat Off Grand Haven

The Coast Guard and a good Samaritan rescued 4 people after their 20-foot boat caught fire on the Grand River, Sunday. A boat crew from Coast Guard Station

Statoil Awards Integrated Drilling Contract

Statoil is awarding Baker Hughes Norway the onshore contract for integrated drilling services for Johan Sverdrup. The estimated contract value is NOK 1.5 billion

ISS Signs Master Services Agreement with Technip

Inchcape Shipping Services (ISS) and Techniphave signed a contract to provide marine agency services and logistics for the Rashid C project in the Middle East.

Offshore

ISS Signs Master Services Agreement with Technip

Inchcape Shipping Services (ISS) and Techniphave signed a contract to provide marine agency services and logistics for the Rashid C project in the Middle East.

WASUB has the World Speed Record!

The WASUB team of the Delft University of Technology now holds the world speed record for human-powered, one-person propeller driven submarines. The final clocked speed of 7.

Viking O&M Secures Rig Contract from a Chinese Firm

Viking Offshore & Marine has secured a 48-month charter for a second land drilling rig system for US$31 million ($41.8 million).   Viking’s subsidiary Viking LR2 will charter the 1,

 
 
Maritime Security Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1467 sec (7 req/sec)