Navios Containers Announces Agreement to Acquire a Containership

Angeliki Frangou

Navios Maritime Containers Inc., a growth vehicle dedicated to the container sector, announced that it agreed to acquire a 2010-built, 4,250 TEU containership for $11.78 million.

The acquisition is subject to a number of conditions, and no assurance can be provided that the acquisition will close.

The vessel is expected to be delivered in Q1 2018. Navios Containers expects to finance the acquisition with cash on its balance sheet and $6.0 million from an existing credit facility.

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