Frangou: Navios Maritime Partners offloads boxship for $35.5m

Greek Navios Maritime Partners led-by Angeliki Frangou has revealed the gross sale price of one of its containerships.

The New York-listed shipowner in a U.S. Securities and Exchange Commission report has confirmed that Navios Partners agreed to sell in May 2025 a 2009-built 4,250 teu containership to an unrelated third party.

The gross sale price is reported to be $35.5m. The sale is expected to be completed during the second half of 2025, the shipowner said.

Although the company didn’t reveal the name of the ship, from the SEC filing it can be seen that the “vessel agreed to be sold” is the 4,250-teu Navios Tempo, built in 2009.

In other S&P transactions, the company stated that during the three-month period (January to March) it took delivery of three 2025-built vessels (two 7,700-teu containerships and one aframax/LR2 tanker vessel), from various unrelated third parties, for an aggregate acquisition cost of $326,239 (including $32,561 capitalized expenses).

Currently, Navios Partners’ fleet consists of 69 dry bulk vessels, 48 containerships and 56 tanker vessels, including 17 newbuilding tankers (11 aframax/LR2 and six MR2 product tanker chartered-in vessels under bareboat contracts) that are expected