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Navios Partners Sheds 13,100 TEU Boxship

Maritime Activity Reports, Inc.

January 17, 2017

Navios Maritime Partners L.P. announced the completion of the previously announced sale of the MSC Cristina, a 2011 South Korean-built Container vessel of 13,100 TEU.
 
The vessel was sold to an unrelated third party for a total net sale price of $125.0 million.
 
Approximately $100.0 million of the sale proceeds were used to repay bank debt.

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