Navios Acquisition Accepts Delivery of MR2 Product Tanker, Extends Charter on Nave Polaris

navios acquisitionNavios Maritime Acquisition Corporation (NYSE: NNA) has announced the Nave Equinox, a 2007-built, 50,922 dwt MR2 Ice Class 1A product tanker was delivered on June 26, 2013.

Navios Acquisition also announced the extension of the existing charter on the Chemical Tanker Nave Polaris for one additional year ending in Q3 2014 at the increased base rate of $12,188 with 50% profit sharing.

Following the delivery of the Nave Equinox, Navios Acquisition will have 25 vessels in the water.

Navios Acquisition has contracted 87.5% and 51.8% of its available days on a charter-out basis for 2013 and 2014, respectively.

The average charter-out period of Navios Acquisition’s fleet is 2.5 years.