Long-Term Charter

Navios Inks Long-term Charters for 5 Boxships

Navios Maritime Partners L.P., secured new long-term time charters for five containerships,  says a press release published on their website.

About the contract

The New York-listed firm has fixed Navios Miami, Navios Vermillion, Navios Destiny, Navios Nerine and Navios Magnolia to undisclosed clients for 35–36 months at an average rate of approximately $41,723 net per day.

The charters will commence between September and December, upon the expiration of the current employment of the vessels.

Expect...

https://mfame.guru/navios-inks-long-term-charters-for-5-boxships/

Yang Ming’s Optimistic Outlook for H1 2021

Yang Ming Marine Transport Corp gave an optimistic outlook for the first half of this year on expectations that container shipping rates would remain high, reports TaipeiTimes.

High freight rates 

Yang Ming president Patrick Tu told an investors’ conference in Taipei that a combination of a shortage of empty containers and traffic congestion at ports worldwide due to the COVID-19 pandemic is expected to keep freight rates high until the end of June.

Yang Ming is Taiwan’s second-largest container...

https://mfame.guru/yang-mings-optimistic-outlook-for-h1-2021/

Petronav Carriers Takes Long-term Charter of New MR Tanker

Petronav Carriers, a subsidiary of Delaware-based Petrogress, has added a 38,000 dwt FKAB MR tanker to its fleet via a long-term charter for operations in West Africa, reports Splash247.

IMO type II vessel

There will be an option to lease one more MR within the next two months. The FKAB MR is IMO type II, carrying oil products and chemicals, designed for worldwide unrestricted operations with the energy-efficient technical solutions as well as careful impact on the environment.

The new MR will...

https://mfame.guru/petronav-carriers-takes-long-term-charter-of-mr-tanker/