Navios Partners Completes Sale of MSC Cristina
Source:World Maritime News
2017.01.19
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US-headquartered dry bulk shipping company Navios Maritime Partners revealed it has completed the sale of MSC Cristina, a 13,100teu container vessel.
The Neopanamax was sold to an unknown party for US$125m, the company said.
Around US$100m of the sale proceeds were used to repay bank debt, Navios Partners added.
Market value of the vessel currently stands at US$71.57m, VesselsValue's data shows.
MSC Cristina, which has a length of 366 meters and a width of 48.2 meters, was built by South Korean shipbuilder Hyundai Heavy Industries (HHI) in 2011.