Tanker vessel operator Navios Maritime Acquisition Corporation ( NMA ) will sell its largest deadweight tonnage cargo carrier Nave Galactic to Navios Maritime ##ship Partners for $ 44.5 m . The deal will also see the same charter ship backstop of the Shinyo Kannika extended to the Nave Galactic , which in turn will be replaced by the carrier Equinox and the Nave Pyxis MR2 as secondary collateral . NMA will use the proceeds from the sale to pay down debt and reinvest in its fleet .
Tanker vessel operator Navios Maritime Acquisition Corporation (NMA) will sell its 297,168 deadweight tonnage crude carrier Nave Galactic to Navios Maritime Midstream Partners for $44.5m. The deal will also see the same charter rate backstop of the Shinyo Kannika extended to the Nave Galactic, which in turn will be replaced by the Nave Equinox and the Nave Pyxis MR2 as company collateral. NMA will use the proceeds from the sale to pay down debt and reinvest in its fleet.