New York-listed Navios Holdings paid $51.4m for a 179,500-dwt capesize built in 2012 MB Berge McClintock. Navios has renamed the bunker MV Navios Ray and funded the arrival via a $31m loan and cash from its balance sheet.
Navios also bought 170,000-dwt Cape Hope 2 (built 2000), which reported sold for $22m, now trades as MV Hope 1 in the fleet of the Greek owner’s first MLP, Navios Maritime Partners.
Navios Holdings today reported a loss of $16.6m for the third quarter.
Angeliki Frangou, chief executive of the Navios companies, said “As a result, we have announced a dividend of 6 cents for Q3 2014 representing a yield of about 4.2%,” she said in a statement. We have paid a dividend, uninterrupted, for nine years, regardless of the environment."