Greece's Navios Accept Delivery of New Product Tanker
Navios Maritime Acquisition Corporation announce delivery of 'Nave Atria' from a South Korean shipyard.
The 50,000 dwt MR2 product tanker Nave Atria has been chartered out to a high quality counterparty for three years at a rate of $13,331 net per day plus 50% profit sharing based on a formula. The charterer has been granted an option for an additional two years at a rate of $14,566 net per day for the first optional year and a rate of $15,553 net per day for the second optional year.
The vessel is expected to generate approximately $2.5 million of annual EBITDA and approximately $7.5 million of aggregate EBITDA assuming operating expense approximating current operating costs and 360 revenue days per year.
Navios Acquisition has chartered-out 24 vessels of its 29 vessel fleet. The five vessels not yet chartered out will be delivered in 2013 and 2014.