Navios tied to four boxship newbuilds in South Korea

AI Summary

Navios Maritime Partners, led by Angeliki Frangou, has been linked to a contract for four new containerships built by South Korea’s HJ Shipbuilding & Construction, valued at approximately $500 million. The deal spans deliveries starting in 2026 and strengthens Navios' position in the container shipping market.

Angeliki Frangou-led Navios Maritime Partners has been linked to another four containership newbuilds at South Korea’s HJ Shipbuilding & Construction (HJSC), in a deal worth around $500m. HJSC disclosed this week that it had signed up an unidentified Oceania-based owner for four containerships, with the contract worth KRW679bn ($500m) running from September 21, 2026 through …