Independent journal on economy and transport policy
12:34 GMT+2
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the shipowning group Navios has constituted the filial new Navios Europe
the company will acquire five product tanker and five portacontainer from debtors of HSH Nordbank
August 20, 2013
The shipowning group Navios has announced the constitution of the filial new Navios Europe Inc., company that will have the management and the property of a fleet of tankers and portacontenitori. Initially the new society will last April acquire five product tanker and five portacontainer from debtors of HSH Nordbank in the within of the letter of attempts signed with the German credit institution ( on 22 April 2013).
The property of Navios Europe will be distributed between the companies of stopped the Navios group and for 47.5% from Navios Holdings, 47.5% from Navios Acquisition and 5% from Navios Partners.
Up to now Navios Europe has taken in delivery portacontainer the Esperanza sub-Panamax constructed in 2008, of the ability to 2.007 teu, and of portacontainer the Harmony sub-Panamax constructed in 2006, of the cargo ability of 2.824 teu. The next month the new company will take in delivery the first three tankers and will have the property of all the ten ships within the next 1° November.
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