Navios Maritime (NM) Receives Aurora II Capesize Vessel
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Navios Maritime Holdings Inc. (NYSE: NM) announced today that a South Korean shipyard delivered to Navios Holdings the newly built Navios Aurora II, a Capesize vessel of 169,031 dwt. As previously announced the vessel is chartered-out for ten years at a net charter-out rate of $41,325 per day.
As of November 30, 2009, Navios Holdings had contracted 99.5%, 86.1%, 63.4% and 56.6% of its available days on a charter-out basis for 2009, 2010, 2011 and 2012, respectively. Navios Holdings has extended its long-term fleet employment by entering into agreements to charter-out vessels for periods ranging from one to 12 years.
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