Navios Maritime Holdings Inc. (Navios Holdings), a global shipping and transportation company, announced on Monday, January 11 that it has sold the Navios Hyperion, a 2004 Japanese-built Panamax vessel with a capacity of 75,707 dwt, to Navios Maritime Partners L.P (Navios Maritime).
Formed by Navios Holdings, Navios Maritime is an international owner and operator of dry cargo vessels focused on iron ore, coal and grain. Navios Maritime now has 10 Panamax vessels in its fleet. Navios Hyperion has been chartered out at a net rate of $32,300 per day until February 2010 and $37,953 per day until April 2014.