Greece’s Navios Maritime Partners has sold three older vessels — including one of its oldest VLCCs — as part of its fleet renewal programme, while adding a newly built product tanker and fixing several ships on new charters.
The Angeliki Frangou-led, New York-listed owner confirmed the sale and delivery of two 2005-built panamax bulkers of 77,075 dwt and 76,619 dwt for $8.3m each. The disposals, completed in the third and fourth quarters of 2025, are understood to involve the Navios Helios and Navios Sun, which brokers reported sold earlier this year.
In addition, Navios Partners has agreed to sell a 2010-built VLCC of 296,988 dwt — which matches the description of the Nave Constellation — for $52.5m, with delivery due before the end of 2025. The three sales are expected to generate a combined $69.1m in gross proceeds.
Meanwhile, the company has taken delivery of a newbuild MR2 product tanker, chartered out for about five years at $22,669 per day.
Navios Partners’ diversified fleet now totals 172 vessels — including 65 bulkers, 56 tankers, and 51 containerships — with 25 newbuildings scheduled for delivery through mid-2028.
The company also announced new long-term charters expected to bring in $113.9m in revenue, covering three 4,250 teu containerships fixed for an average of 2.6 years at $35,085 per day, and two MR2 tankers fixed for about a year at $19,196 per day.
As of mid-October, Navios Partners had secured employment for 88% of available days for 2025 and 48% for 2026, with contracted revenues of $580.4m and $749.9m, respectively.
