Navios Maritime Partners announced on Tuesday that it struck chartering deals for five of its panamax containerships worth an aggregate of at least $220m.

The ships are the 4,250-teu Navios Vermilion (built 2007), Navios Miami and Navios Destiny (both built 2009), and the 4,730-teu Navios Nerine and Navios Magnolia (both built 2008).

The Angeliki Frangou-led company — a spin-off of Navios Maritime Holdings — did not announce which charterer agreed to fix the vessels.