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Navios: 300-million for newbuildings in Japan

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In an interview with Japan Maritime Daily, the Chairwoman and CEO of the NYSE-listed company revealed that the group already has six new vessels on order at Japanese shipyards, deepening its collaboration with leading Japanese shipping groups such as NYK, MOL, and K Line

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Navios Maritime Partners, led by Angeliki Frangou, is further strengthening its ties with the Japanese shipping and shipbuilding market, with its latest investment totaling 300 million dollars for newbuild constructions in the country.

In an interview with Japan Maritime Daily, the Chairwoman and CEO of the NYSE-listed company revealed that the group already has six new vessels on order at Japanese shipyards, deepening its collaboration with leading Japanese shipping groups such as NYK, MOL, and K Line. As she noted, Japan offers a combination of high-quality shipbuilding, competitive financing, and reliable charterers.

Navios currently maintains a fleet with an average age of 9.6 years—significantly younger than the market average—while continuing its fleet renewal program.

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