Navios sells two supertankers to Sinokor

The disclosure of the Sinokor–Navios transaction confirms that the absorption of available tonnage successful the VLCC marketplace has not lone continued but is being pursued methodically, with Navios Maritime Partners, led by Angeliki Frangou, securing total proceeds of 136.5 cardinal euros from the merchantability of two older vessels.

According to the company, there was an statement for the merchantability of the vessels Nave Galactic (296,900 dwt, built successful 2009) and Nave Buena Suerte (297,500 dwt, built successful 2011) arsenic aboriginal arsenic January 2026, though the buyer’s individuality had not been disclosed astatine the time. In precocious April, the marketplace saw Nave Buena Suerte officially articulation the Sinokor fleet under the caller sanction Panama Prosperity, confirming the nexus to the Sinokor–MSC confederation of Gianluigi Aponte. The “Prosperity” naming has already been used for different tankers acquired by the two groups during the large wave of VLCC purchases past December.

This transaction forms portion of a broader signifier of acquisitions of Greek-owned VLCCs. According to confirmed sale-and-purchase (S&P) transactions, Greek shipowners person sold a total of 19 VLCCs to Sinokor, with the aggregate value approaching 1.5 cardinal dollars.

Dynacom Tankers Management, owned by George Prokopiou, has reportedly sold 11 vessels worth astir 830 cardinal dollars. Additional income were made by Evalend Shipping, Kyklades Maritime, Maran Tankers Management, TMS Tankers, and Pantheon Tankers. This assertive absorption of tonnage has importantly tightened the supply of vailable VLCCs successful the second-hand marketplace and supported elevated terms levels.

According to shipbroking sources, the Sinokor–MSC buying spree is widely seen arsenic a cardinal operator down the continued appreciation of ample tanker values.

It is noted that Sinokor’s total VLCC fleet—owned and chartered—now exceeds 120 vessels.

At the aforesaid time, Navios Maritime Partners appears to beryllium recalibrating portion of its strategy toward much flexible segments within the tanker market.

The institution precocious took transportation of the newbuilding Aframax Nave Equator, while its sister vessel Nave Hina has successfully completed oversea trials and is expected to participate commercialized operations shortly.

This strategic displacement underscores the company’s absorption connected vessel classes considered much resilient during periods of heightened disruption successful maritime trade flows, such arsenic the ongoing situation successful the Middle East.