Greece’s Navios Maritime Partners is continuing to offload older dry cargo vessels.

The US-listed owner said in a securities filing that it has agreed to sell the 75,200-dwt Navios Camelia (built 2009).

The price was given as $15m, against a VesselsValue assessment of $15.5m. The buyer is not yet known.

The sale is expected to be completed during the fourth quarter, Navios Partners said. The bulker passed a dry-docking in July.

The deal follows a reported disposal in August of the 76,500-dwt Navios Alegria (built 2004).

Some US brokers said on 5 September that a deal for the Japanese-built panamax had already been concluded at $13m.

Greek brokers contacted by TradeWinds, however, said the Navios Alegria has not been sold, although it remains on the market.

Navios Partners also revealed more financing for its bulkers and boxships.

Earlier this month, it entered into a credit facility with an unnamed commercial bank for a total of up to $210m, secured on 15 dry cargo vessels and five container ships.

Newbuildings financed

Maturity is set for the second quarter of 2025, with interest at the Secured Overnight Financing Rate (SOFR) plus 2.5%.

In July, new funding of $86.2m was put in place to buy two 5,300-teu container ship newbuildings.

This credit facility matures seven years after the drawdown and will bear interest at SOFR plus 2%.

The lender was identified only as a “European commercial bank”.

Also in July, the shipowner spent $835m on the 36-vessel bulker fleet of affiliate Navios Maritime Holdings.

The fleet consists of 26 owned ships and 10 chartered-in ships, all with purchase options.

On 8 September, the final 21 ships were delivered to Navios Partners.