Dry Cargo

Navios charters capesize

Athens: NYSE-listed Navios Maritime Partners has fixed a capesize bulk carrier on a 16- to 21-month timecharter to an unnamed charterer.

The Navios Fulvia (179,300 dwt, built 2010) was fixed at a net rate of $13,443 per day ($14,150 daily gross) for the contract, which will commence in August.

Navios says it expects the fixture to generate operating profit of around $4.3m for the charter period (assuming expenses approximating current operating costs and 360 revenue days per year).


Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.
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