Navios Maritime Containers continues to expand at a rapid rate, acquiring three more containerships for a total of $117.25m.
The company has acquired two 8,204 teu vessels, YM Utmost and YM Unity, from affiliate Navios Maritime Partners, splashing out $67m. The pair are currently chartered out at $34,266 per day.
It has also acquired a 10,000 teu boxship from an unnamed third party for $50.25m, with the vessel currently chartered out at $26,663 per day until March 2019.
The acquisitions will be funded by cash and around $61m of new bank debt.
Since setting up shop in April 2017, Navios Containers has grown its fleet to 25 vessels.