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Navios Maritime Partners L.P. Announces Recent Fleet Developments
Globenewswireยท 2025-10-16 20:06
Core Viewpoint - Navios Maritime Partners L.P. has engaged in significant vessel transactions, including sales and charters, which are expected to enhance its revenue and operational capacity in the maritime sector [1][2][4]. Vessel Sales & Deliveries - Navios Partners has sold two dry bulk vessels and agreed to sell one tanker vessel, generating expected gross sale proceeds of $69.1 million [2][8]. - The company took delivery of a 2025-built MR2 product tanker, which has been chartered out at a rate of $22,669 net per day for approximately five years [2][3]. Fleet Composition - Following recent transactions, Navios Partners operates a fleet of 172 vessels, including 65 dry bulk vessels, 51 containerships, and 56 tankers, with a total carrying capacity of 15.1 million dwt [3]. - The fleet's average age is 9.7 years, and it includes 17 newbuilding tankers and eight newbuilding containerships expected to be delivered through the first half of 2028 [3]. Vessel Charters - New long-term charters are anticipated to generate revenue of $113.9 million [4]. - As of October 10, 2025, Navios Partners has fixed 88.1% of its available days for the last six months of 2025 and 48.1% for 2026, with expected contracted revenue of $580.4 million and $749.9 million for these periods, respectively [5]. Charter Rates - The average expected daily charter-out rate for the fleet is projected to be $24,399 for the last six months of 2025 and $28,092 for 2026 [5].