Greek shipowner Navios Maritime Partners led-by Angeliki Frangou has revealed fleet movements on Oct 16, 2025: sale of two dry bulk vessels and one tanker, delivery of one MR2 product tanker, and multiple charter-outs.
Specifically, the New York-listed shipowner reported that it has sold two dry bulk vessels and has agreed to sell one tanker vessel, taken delivery of one tanker vessel and chartered out three containerships and two tanker vessels.
As stated, the company has agreed to sell to unrelated third parties two 2005-built panamax vessels (77,075 and 76,619 dwt) for a gross sale price of $8.3m each. The sales have been completed in the third and fourth quarter of 2025, respectively.
It has also agreed to sell one 2010-built VLCC (296,988-dwt) for a gross sale price of $52.5m. The sale of the vessel is expected to be completed in the fourth quarter of 2025.
The Greek shipowner is expected to generate $69.1m in gross sale proceeds from the sale of the three vessels.
Meanwhile, 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 a period of about five years.
Following these vessel sales and delivery, Navios Partners owns and operates a fleet of 172 vessels in total, comprised of 65 dry bulk vessels, 51 containerships and 56 tankers, including 17 newbuilding tankers (12 aframax/LR2 and five MR2 product tanker chartered-in vessels under bareboat contracts) that are expected to be delivered through the first half of 2028 and eight newbuilding containerships (four 7,900 TEU containerships and four 8,850 TEU containerships) that are expected to be delivered through the first half of 2028.
Navios Partners’ fleet has a carrying capacity of 15.1 million dwt (8.6 million dwt for dry bulk vessels and 6.5 million dwt for tanker vessels) and 287,243 TEU for containerships with an average age of 9.7 years.
Navios’ Charters
In other transactions, the company has entered into new long-term charters which are expected to generate revenue of $113.9m.
Three 4,250 TEU containerships have been chartered-out for an average period of 2.6 years at an average rate of $35,085 net per day.
Two MR2 product tankers have been chartered-out for an average period of 1.1 years at an average rate of $19,196 net per day.
As of October 10, 2025, Navios Partners had entered into short, medium and long-term time charter-out, bareboat-out and freight agreements for its vessels with a remaining average term of 1.9 years.
Navios Partners has currently fixed 88.1% and 48.1% of its available days for the last six months of 2025 and for 2026, respectively. Navios Partners expects contracted revenue of $580.4m and $749.9m for the last six months of 2025 and for 2026, respectively. The average expected daily charter-out rate for the fleet is $24,399 and $28,092 for the last six months of 2025 and for 2026, respectively. Navios Partners has $3.6bn contracted revenue through 2037.
