Navios Maritime Containers L.P. operates as a growth-oriented international owner and operator of containerships. The company operates as a subsidiary of Navios Maritime Partners L.P.

The operations of the company are managed by Navios Shipmanagement Inc. The company’s fleet will consist of 27 Panamax vessels, 18 Capesize vessels, four Ultra-Handymax vessels and 36 Containerships, including two Panamax bareboat charter-in vessels, which are expected to be delivered by the first half of 2021; three Capesize bareboat charter-in vessels, which are expected to be delivered by the second half of 2022; two Panamax vessels acquired on March 30, 2021 and one Panamax vessel expected to be delivered by the second half of 2022, excluding one Capesize bareboat charter-in vessel, which is expected to be delivered by the first half of 2023. The company’s combined fleet will have an average age of 10.7 years as of March 2021 (average age of 9.8 years for drybulk fleet and 13.1 years for containerships fleet), compared to an industry average age of about 10.6 years for the drybulk fleet and 13.2 years for the containerships fleet (both industry averages as of March 1, 2021).

For the year ended December 31, 2020, the company’s customers, Hapag-Lloyd AG, NOL Liner PTE Ltd, CMA CGM, and COSCO (Cayman) Mercury Co., Ltd represented 21.5%, 19.6%, 15.1%, and 10.3% of the total revenues, respectively.

History

Navios Maritime Containers L.P. was incorporated in 2017 under the laws of the Republic of the Marshall Islands.