Navios Maritime
Acquisition Corporation NNA, an owner
and operator of tanker vessels, announced today that the LR1 Product
Tanker Nave Andromeda of 75,000 dwt was delivered from a South Korean
shipyard and immediately began a 3-year charter-out with two one-year
options at a net rate of $11,850 for the first three years with 100%
profit sharing for rates below $15,000/day and 50/50 above
$15,000/day. The profit sharing formula is calculated monthly and
incorporates a $2,000 premium above the relevant index.
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