The deal is worth more than $200m, according to German website Manager Magazin.
Investors in the Navalia funds controlled by Ideenkapital of Dusseldorf decided earlier in the year to market the ships for sale.
Apollo is putting $57.5m of its own money into the deal, with NordLB and MM Warburg providing another $147m.
A spokesperson for Ideenkapital was not immediately available on Wednesday.
The
