• ITVI.USA
    14,293.460
    37.930
    0.3%
  • OTRI.USA
    22.590
    -0.070
    -0.3%
  • OTVI.USA
    14,281.460
    36.060
    0.3%
  • TLT.USA
    2.780
    0.000
    0%
  • TSTOPVRPM.ATLPHL
    2.650
    -0.300
    -10.2%
  • TSTOPVRPM.CHIATL
    3.280
    -0.100
    -3%
  • TSTOPVRPM.DALLAX
    1.460
    -0.040
    -2.7%
  • TSTOPVRPM.LAXDAL
    2.490
    -0.200
    -7.4%
  • TSTOPVRPM.PHLCHI
    1.970
    0.010
    0.5%
  • TSTOPVRPM.LAXSEA
    2.990
    -0.310
    -9.4%
  • WAIT.USA
    127.000
    0.000
    0%
  • ITVI.USA
    14,293.460
    37.930
    0.3%
  • OTRI.USA
    22.590
    -0.070
    -0.3%
  • OTVI.USA
    14,281.460
    36.060
    0.3%
  • TLT.USA
    2.780
    0.000
    0%
  • TSTOPVRPM.ATLPHL
    2.650
    -0.300
    -10.2%
  • TSTOPVRPM.CHIATL
    3.280
    -0.100
    -3%
  • TSTOPVRPM.DALLAX
    1.460
    -0.040
    -2.7%
  • TSTOPVRPM.LAXDAL
    2.490
    -0.200
    -7.4%
  • TSTOPVRPM.PHLCHI
    1.970
    0.010
    0.5%
  • TSTOPVRPM.LAXSEA
    2.990
    -0.310
    -9.4%
  • WAIT.USA
    127.000
    0.000
    0%
American Shipper

Navios announces charters, ship orders

Navios announces charters, ship orders

Navios Maritime Holdings has announced eight new long-term time charters and orders for four new capesize bulkers.

   The Greek company, which has a U.S. office in South Norwalk, Conn., said today it has secured eight long-term time charter contracts with an average charter period of just over five years and average charter hire of $24,338. The charters of five Panamax and the ultra-handymax vessels are to Cargill, Mitsui O.S.K. Lines and Rio Tinto.

   Navios also said today it has agreed to purchase two new capesize vessels to be built by Daewoo Shipbuilding & Marine Engineering Co. Ltd. in South Korea. Each vessel will cost $120.0 million and be about 180,000 deadweight tons. Delivery is scheduled in June 2009 and September 2009.

   To date, Navios has placed $48.0 million on deposit for these vessels, with the $192.0 million balance due upon delivery.

   Navios also said it has entered into conditional agreements for the purchase of two additional capesize vessels. Each 172,000 dwt vessel will cost $110.0 million. Delivery is scheduled in the fourth quarter of 2009.

   Navios’ stock is listed on the New York Stock Exchange.