Greek Navios Maritime Partners led-by Angeliki Frangou added to its fleet portfolio a newbuild boxship.
The newly built ship is the first containership of its newbuilding program, the Zim Sparrow, a 5,300 TEU containership.
The Greek shipowner didn’t disclose more information about the vessel.
“We wish her fair winds and following seas,” said Navios in a post on social media.
Navios Maritime Partners has developed into a colossus as it operates a total of 180 ships of various types.
Angeliki Frangou modernizes its fleet by selling old vessels and sealing deals for newbuilds, while it expands into areas that will promote Navios long-term prospects, such as the recent tanker deals which the company entered into with various oil majors.
On the occasion of the financial results of Navios for the third quarter of 2023, Angeliki Frangou commented on the shipping markets:
“The United States and Euro zone economies are generally healthy. However, the wars in Ukraine and Israel coupled with inflation and a transition in the interest rate environment have contributed to making this one of the most dangerous times in memory. Despite these factors, the shipping market is healthy, and Navios has performed well.”
“We continue to focus on things that we can control, such as reducing leverage, being eco-friendly through modern, energy efficient vessels and expanding into areas that will promote our long-term prospects, such as the recent tanker deals, we entered into with various oil majors.”
The Greek shipowner agreed to acquire last year four 115,000 dwt newbuilding scrubber-fitted Aframax/LR2 tankers, for a purchase price of $61.25m each.
It also agreed to acquire four newbuilding Japanese MR2 product tankers under bareboat contracts, and a 2019-built kamsarmax of 81,692 dwt (previously chartered-in) for a purchase price of $28m.
The acquisition of the kamsarmax ship was completed in October 2023.
