NMM - Navios Maritime sold two drybulk vessels for $51M

Navios Maritime Holdings (NM) has sold the Navios Gem, a 2014-built Capesize vessel of 181,336 dwt, and the Navios Victory, a 2014-built Panamax vessel of 77,095 dwt, to Navios Maritime Partners L.P. (NMM) for $51M. A portion of the sale proceeds were used for the prepayment of the $33M outstanding bank debt of the two vessels. Following the sale, Navios Holdings controls a fleet of 49 vessels, of which 16 are Capesize vessels, 26 are Panamaxes, five are Ultra-Handymaxes and two are Handysizes.

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Navios Maritime sold two drybulk vessels for $51M