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September 28, 2020

Navios Containers Acquires Boxship Quartet

first_imgMonaco-based Navios Maritime Containers has taken delivery of four Panamax containerships, which are employed on charters with a net daily charter rate of USD 27,156.The company said that the charters, which expire in 2020, are expected to generate around USD 70 million of EBITDA, assuming expenses approximating current operating costs and 360 revenue days per year.Navios Containers previously agreed to acquire the four 2008-built vessels for a total purchase price of USD 96.8 million.The company financed the transaction with the net proceeds from its recently completed USD 50 million private placement and USD 50 million of additional bank debt it has secured on terms consistent with its existing credit facilities.The first of the four 4,730 TEU containerships, APL Denver, was delivered to the company in late November.Following this acquisition, Navios Containers controls 20 vessels, totaling 84,520 TEU with a current average fleet age of 9.8 years.last_img read more

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September 24, 2020

UCL: Sterling applauds Man City energy in Real Madrid win

first_imgManchester City star Raheem Sterling has applauded his teammates after their 2-1 Champions League last 16 second leg win at the Etihad Stadium. Goals from Sterling and Gabriel Jesus ensured a repeat result from the first leg at the Santiago Bernabeu for Pep Guardiola’s side.Advertisement Real Madrid were far from their best against the Premier League side, but Sterling insisted City’s ability to impose themselves on Zinedine Zidane’s side was the key factor in progressing to the last eight. “This is a competition we all want to do well in, and if we play our football and run our socks off, the result will come,” he told a post match interview with BT Sport, reported by the BBC. Loading… Read Also: JUST-IN: Man City win dumps Real Madrid out of Champions LeagueReal Madrid exit the competition at the last 16 stage for the second successive season, with Zidane losing his first ever Champions League knockout game as a manager.City, on the other hand, are through to the last eight for the third successive, with Lyon their opponents next week in Lisbon.FacebookTwitterWhatsAppEmail分享 center_img Promoted ContentWhich Country Is The Most Romantic In The World?Can Playing Too Many Video Games Hurt Your Body?6 Incredibly Strange Facts About Hurricanes10 Risky Jobs Some Women Do9 Facts You Should Know Before Getting A Tattoo6 Extreme Facts About HurricanesWho’s The Best Car Manufacturer Of All Time?A Hurricane Can Be As Powerful As 10 Atomic BombsBest & Worst Celebrity Endorsed Games Ever MadeThe 10 Best Secondary Education Systems In The World14 Hilarious Comics Made By Women You Need To Follow Right NowWho Is The Most Powerful Woman On Earth? “We know how good they (Real Madrid) are. But we are a good side, and the difference tonight was who would run the most.“I thought we were brilliant. We showed real energy and passion to get this result.”last_img read more

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