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BULK - Navios (NM )Delivery of Cape / $29,356 -10 years


36895 fcras 7/12 2010 09:14
Oversigt


Navios Maritime Holdings Inc. Announces Delivery of Capesize New Building Vessel
PIRAEUS, Greece, Dec. 6, 2010 /PRNewswire via COMTEX/ --

Navios Maritime Holdings Inc. ("Navios Holdings") (NYSE: NM), a global, vertically integrated seaborne shipping and logistics company, announced today that the Capesize vessel Navios Etoile of 179,234 dwt was delivered from a South Korean shipyard to Navios Holdings' owned fleet on December 3, 2010.

The vessel is chartered-out for ten years at a net rate of $29,356 per day with 50/50 profit sharing above a BCI Time Charter Average of $38,500.

- more here:

http://www.navios.com/Newsroom/default.asp

NM




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