NAVIOS BUENA VENTURA
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Navios purchases Capesizer for $67.5 million cash
Navios Maritime Partners L.P. announced today (June 19 2012) that it has purchased from Navios Maritime Holdings Inc. (NYSE: NM) the Navios Buena Ventura, a 2010 South-Korean-built Capesize vessel of 179,259 dwt for $67.5 million cash consideration of which $22.0 million are debt financing and the $45.5 million cash from balance sheet. The vessel is chartered out at $29,356 (net) per day until December 2020 with 50/50 profit sharing which commences when the Baltic Exchange Capesize TC Average exceeds $38,500. Read more: http://www.benzinga.com/news/12/06/2677017/navios-maritime-partners-purchases-capesize-vessel-with-eight-year-charter-for-67#ixzz1yDY5kLRF
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