Navios Maritime Containers Inc. (Navios Containers) (N-OTC:NMCI), a growth vehicle dedicated to the container sector, announced Monday that it has closed the acquisition of the remaining four container vessels and as a result has completed the acquisition of the entire 14 container vessels fleet (the “Fleet”).
Navios Containers acquired the 14 vessels for a total purchase price of $118.0 million plus certain delivery and other operating costs.
The Fleet was partially financed through two loan facilities of $61.0 million in aggregate, including a previously announced $40.0 million facility, and a recently completed $21.0 million facility.
Fleet Update
Following this acquisition, Navios Containers controls a fleet of 14 vessels, totaling 57,100 TEU and the current average age of the fleet is 9.7 years.
Vessel Name | TEU | Year Built |
MOL Devotion | 4,250 | 2009 |
MOL Destiny | 4,250 | 2009 |
MOL Dominance | 4,250 | 2008 |
MOL Delight | 4,250 | 2008 |
MOL Dedication | 4,250 | 2008 |
Navios Amaranth | 4,250 | 2007 |
Navios Indigo | 4,250 | 2007 |
Navios Vermillion | 4,250 | 2007 |
Navios Verde | 4,250 | 2007 |
Navios Amarillo | 4,250 | 2007 |
Navios Azure | 4,250 | 2007 |
Navios Spring | 3,450 | 2007 |
Navios Summer | 3,450 | 2006 |
Navios Verano | 3,450 | 2006 |
57,100 |
Source: Navios Containers