Independent journal on economy and transport policy
07:24 GMT+1
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the Navios group acquires seven to rinfusiere and seven portacontainer from HSH Nordbank
The 14 ships have a medium age of about four years
April 24, 2015
Maritime the shipowning societies Navios Holdings, Navios Maritime Acquisition Maritime Corporation and Navios Partners will acquire 14 ships from debtors of the German financial institution HSH Nordbank through a joint venture new that will not be consolidated in the quoted societies of the shipowning group. Draft of seven ships portarinfuse, of which two Supramax, two Kamsarmax, a Panamax and two Panamax Post, and of seven portacontainer, ability comprised between 1.740 and 3.398 teu, of the medium age of about four years. The transaction, that the second one realized from Navios with HSH Nordbank is from which the shipowning group has already acquired 10 ships ( on 20 August 2013), it will be capacity to term in according to trimester of this year.
"These operations - it has commented chairman and the Maritime CEO of Navios Acquisition Corporation, Angeliki Frangou - distinguish us from our competitors because we are acquiring consisting fleets with limited investments and without some effect of dilution for our shareholders". "This second operation - it has added - is developed in existence on the mechanism with HSH for the acquisition of ships from companies in state of crisis to historically low values and more favorable conditions regarding the first transaction. The fleet - it has emphasized Frangou - grows and is young and Navios benefits of an interesting return anniversary on its investment".
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Maritime the shipowning societies Navios Holdings, Navios Maritime Acquisition Maritime Corporation and Navios Partners will acquire 14 ships from debtors of the German financial institution HSH Nordbank through a joint venture new that will not be consolidated in the quoted societies of the shipowning group. Draft of seven ships portarinfuse, of which two Supramax, two Kamsarmax, a Panamax and two Panamax Post, and of seven portacontainer, ability comprised between 1.740 and 3.398 teu, of the medium age of about four years. The transaction, that the second one realized from Navios with HSH Nordbank is from which the shipowning group has already acquired 10 ships 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
