Navios Maritime Partners (NMM) announced it has sold two dry bulk vessels, agreed to sell one tanker vessel, taken delivery of one tanker vessel, and chartered out five vessels. The company sold two Panamax vessels for $8.3M each and agreed to sell one VLCC for $52.5M. Navios Partners is expected to generate $69.1M in gross sale proceeds from the sale of the three vessels. took delivery of a 2025-built MR2 product tanker, which has been chartered-out at a rate of $22,669 net per day for a period of about five years. Additionally, it entered into two new long-term charters for three containerships and two product tankers, expected to generate $113.9M in revenue.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NMM:
- Navios Maritime Partners Expands Fleet with New Acquisitions and Sales
- Navios Maritime Partners’ Q2 2025 Earnings Call Insights
- Navios Maritime Partners Reports Q2 2025 Earnings
- Navios Maritime Partners reports Q2 adjusted EPS $2.15 vs. $3.06 last year
- Options Volatility and Implied Earnings Moves Today, August 21, 2025