Secondhand Panamax Joins Navios Partners(marine crane manufacturer;offshore crane manufacturer)

- Jun 13, 2018-

secondhand-panamax-joins-navios-partners-762x500.jpgThe 2006-built unit, which was acquired for a price of USD 11 million, was delivered to its new owner on June 7, 2018.

Navios Partners informed that the vessel is chartered out at a net rate of USD 9,844 per day until November 2018.

Based on the existing charter and the current rate environment, the Panamax is expected to generate some USD 2.3 million of EBITDA for the first year, assuming maximum redelivery period from charterers, operating expenses approximating current operating costs and 360 revenue and cost days.

The acquisition of the vessel was financed with cash on the balance sheet and USD 7.15 million bank debt maturing in 2023 and bearing interest at LIBOR plus 300 bps per annum.

Navios Partners controls a fleet of 38 vessels, of which 13 are Capesize vessels, 17 are Panamaxes,
three are Ultra-Handymaxes and five are container vessels.

(marine crane manufacturer;offshore crane manufacturer)

Product DescriptionOUCO-Hydraulic-Electric-Peel-Grab.jpg

To ensure a good penetration and good filling, the grabs have high dead weight. The spaces between the shells are relative small to minimise the risk of material loss.

The grab hydraulic cylinders are fitted with replaceable piston rod protections and are hydraulically cushioned. Wide opening ranges guarantee a good penetration and release behavior. 

The orange peel grabs are available with rotator or integrated rotation (heavy duty) with sturdy slewing, depending on the type.
The heavy duty version features solid end stops, accurate fittings, reinforced bolts and large bearing surfaces amongst others.

(marine crane manufacturer;offshore crane manufacturer)