Navios Maritime Acquisition Corporation Announces Delivery of One MR2 Product Tanker Vessel With Employment

Navios Maritime Acquisition Corporation NNA announced that the Buddy, a 2009-built MR2 product tanker vessel of 50,470 dwt, was delivered today to Navios Acquisition's owned fleet. The vessel is employed under long-term charter-out contract with a remaining term of three years. The rates are $22,490 net per day for the first year and $21,503 net per day for the remaining charter out period. The vessel will generate approximately $5.6 million of annual EBITDA and $17.8 million of aggregate EBITDA assuming operating expense approximating current operating costs and 360 revenue days per year.