US-listed Navios Maritime Partners has agreed to buy seven newbuilding vessels for a combined $703.2 million since September, spreading the order across container ships and tankers, the company said with its third-quarter results.
What is on order
- Four 10,100 TEU container ships for $488 million, fitted with scrubbers and shore-power connections. They have already been chartered out for an average of 5.6 years at about $48,263 a day net.
- One VLCC (very large crude carrier), scrubber-fitted, for $124 million.
- Two MR2 product tankers, scrubber-fitted, for $91.2 million.
- Deliveries are scheduled between the second half of 2028 and the second half of 2029.
Strong quarter behind the spending
Navios Partners reported third-quarter net income of $185.7 million, up from $56.3 million a year earlier, as revenue rose 24.5% to $432 million on higher charter rates. Dry bulk earnings rose to $25,708 a day and tanker earnings to $36,183 a day, while container ship rates were broadly flat at $31,619 a day.
New charters worth $735.1 million lifted the company’s contracted revenue to $5 billion, running to 2037. In the same period it sold a 2009-built Capesize bulk carrier for $30.8 million.
Context
The order adds to a record global orderbook that is filling shipyard slots into the end of the decade (see our report on the 2028 delivery crunch). Greek owners have been especially active, including Venergy’s VLCC orders at Hengli.
Based on reporting by Baird Maritime, 4 November 2026, and New-Ships.com, 6 November 2026.
