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2018 June 18   14:13

Navios Maritime Containers announces acquisition of five containerships and options to acquire four additional containerships

Navios Maritime  Containers Inc., a growth vehicle dedicated to the container sector, has  agreed to acquire  five containerships for a total purchase  price of $ 246.0 million.  The company expects to take delivery of all  five vessels in the  third quarter of 2018. Based on existing charters and the current rate environment, the  five  containerships are expected to generate approximately  $3 5 .3 million of aggregate  EBITDA over the ne xt twelve months  Navios Containers also  acquired options for  an additional four containerships for  a  purchase price of  $36.0 million per vessel. All of the  acquisitions are subject to certain conditions , and there can be no assurances  that these  acquisitions will occur in whole or in part . In addition, we may be unable to  secure debt financing for these acquisitions on terms satisfactory to us, or at all.

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