Navios: 300-million for newbuildings in Japan

Navios Maritime Partners, led by Angeliki Frangou, is further strengthening its ties with the Japanese shipping and shipbuilding market, with its latest concern totaling 300 cardinal dollars for newbuild constructions successful the country.

In an interrogation with Japan Maritime Daily, the Chairwoman and CEO of the NYSE-listed institution revealed that the radical already has six caller vessels connected bid astatine Japanese shipyards, deepening its collaboration with starring Japanese shipping groups such arsenic NYK, MOL, and K Line. As she noted, Japan offers a operation of high-quality shipbuilding, competitory financing, and reliable charterers.

Navios presently maintains a fleet with an mean property of 9.6 years—significantly younger than the marketplace average—while continuing its fleet renewal program.