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Home Container Shipping News

Navios Partners snaps up boxship newbuild resales in $460m deal

September 9, 2025
in Container Shipping News
Navios Partners snaps up boxship newbuild resales in $460m deal
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Greece’s Navios Maritime Partners has confirmed its latest move in the boxship newbuilding market with four ships snapped up in a $460m resale deal.
The Angeliki Frangou-led outfit is paying $115.1m apiece for the 8,850 teu methanol-ready and scrubber-fitted vessels from an undisclosed third party. The quartet comes backed by charters running 5.2 years, worth about $335m, with an optional one-year extension that could add a further $60m. Deliveries are scheduled between late 2027 and early 2028.
The move comes shortly after Navios Partners bolstered its tanker position, spending $133m on two aframax/LR2 resales. Those 115,000 dwt units, due in 2027, push its tanker newbuilding tally to a dozen units.
The company currently controls 67 bulkers, 47 boxships and 57 tankers. Its orderbook includes 18 tankers set to deliver through 2028, and now eight boxships—four 7,900 teu units arriving in 2027 and the latest 8,850 teu quartet.
While the seller, yard and charterer in the boxship deal have not been identified, shipbuilding sources previously linked Navios to a similar quartet at South Korea’s HJ Shipbuilding & Construction, where the company already has business on its books.
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