The shipowner Navios Maritime Partners led-by Angeliki Frangou as the Chairwoman and Chief Executive Officer of the company, stays active with more acquisitions, as agreed to buy from an unrelated third party, a Capesize vessel. The company has agreed to acquire the vessel Navios Felix, a previously chartered-in 2016-built scrubber-fitted Capesize of 181,221 deadweight, for a contract price of approximately $40.7 million, with final payment to be determined on the actual delivery date of the vessel. The delivery of the vessel is expected within the first quarter of 2023.
This acquisition follows the deals of Navios Maritime Partners in December 2022, to acquire two newbuilding Japanese MR2 Product Tanker vessels from an unrelated third party, under bareboat contracts.
The shipowner and operator of dry cargo and tanker vessels has also agreed to sell 11 vessels for approximately $214 million.
Specifically, the owner has agreed during 2023 to sell the Serenitas N, a 2011-built Ultra-Handymax vessel of 56,644 deadweight, to an unrelated third party, for a sales price of $12.3 million. The sale is expected to be completed during the second quarter of 2023, as the company informs. Also on February 6, 2023, the company agreed to sell the Nave Photon, a 2008-built VLCC vessel of 297,395 deadweight, to an unrelated third party, for a sales price of $53.0 million. The sale is expected to be completed during the first quarter of 2023.
Furthermore, during January, Navios has sealed a deal to sell the Navios Prosperity I, a 2007-built Panamax vessel of 75,527 deadweight, to an unrelated third party, for a sales price of $13.8 million. The sale was completed on February 7, 2023. Additionally, in January Navios Partners also agreed to sell the Aurora N, a 2008-built LR1 Product Tanker vessel of 63,495 deadweight, to an unrelated third party, for a sales price of $22.5 million. The sale is expected to be completed during the second quarter of 2023, as the company informs today.
The New-York listed company also revealed today in the company´s financial report for the fourth quarter and year ended December 31, 2022, that Navios Partners gained a revenue and net income for the full year of 2022 of $1.2 billion and $579.2 million, respectively. For the fourth quarter of 2022, the company reported revenue of $370.9 million and net income of $118.3 million. Also reported earnings per common unit of $18.82 for the full year of 2022.
Angeliki Frangou, commented on the company´s fleet portfolio, that “Navios Partners is a leading publicly listed shipping company diversified in 15 asset classes in three sectors, with 176 vessels with an average vessel age of about 9.5 years. We have been rationalizing our portfolio to maintain a younger, technologically advanced fleet, and remain focused on reducing leverage rates in medium term, which we believe we can do naturally in the current charter rate market.”