In a statement the New York-quoted company, which is based in Monaco, said it purchased the 13,100-teu MSC Cristina (built 2011) for $147.8m.

The partnership also pointed out that the vessel, which is scheduled to change hands next month, has been chartered to what it described as a “high quality counterparty”.

The containership is due to earn $60,275 per day for 12 years but the contract includes an option that allows Navios to terminate the agreement after seven.

“The