Navios Maritime Partners L.P. Announces Appointment of Mrs. Orthodoxia Zisimatou to the Board of Directors
June 23 2017 - 08:00AM
Navios Maritime Partners L.P. (“Navios Partners” or the “Company”)
(NYSE:NMM), an international owner and operator of container and
dry bulk and container vessels, announced today the appointment of
Mrs. Orthodoxia Zisimatou to its Board of Directors.
Mrs. Zisimatou, lawyer by training, has been
focused on the maritime sectors since she became a member of the
Athens Bar since 1988. She is currently Secretary General of the
Union of Piraeus Shipping Lawyers. Mrs. Zisimatou is a Member of
the Permanent Committee of Maritime Policy, Security and Protection
of Environment of the Hellenic Chamber of Shipping, Member of the
Legal Committee of the Hellenic Chamber of Shipping and Maritime
Arbitrator of the Hellenic Chamber of Shipping. Mrs. Zisimatou
earned a bachelor’s degree in Law from the faculty of Law of the
University of Athens.
“We are delighted Mrs. Zisimatou has joined our
board and believe that her deep understanding of shipping and
maritime law will significantly benefit the Company,” said Ms.
Angeliki Frangou, Chairman and CEO of Navios Maritime Partners
L.P.
Navios Partners has also announced that Dimitris
Papastefanou Gkouras, a director of Navios Partners’ since June
2013, has resigned. Ms. Frangou commented, “We thank Mr.
Papastefanou Gkouras for his valuable contribution and his good
service to the Company. We wish him well in his future
ventures.”
About Navios Maritime Partners
L.P.Navios Partners (NYSE:NMM) is a publicly traded master
limited partnership which owns and operates container and dry bulk
vessels. For more information, please visit our website at
www.navios-mlp.com.
Forward-Looking StatementsThis
press release contains forward-looking statements (as defined in
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended) concerning
future events including Navios Partners’ 2017 cash flow generation,
future contracted revenues, future distributions and its ability to
have a dividend going forward, opportunities to reinvest cash
accretively in a fleet renewal program or otherwise, potential
capital gains, our ability to take advantage of dislocation in the
market and Navios Partners’ growth strategy and measures to
implement such strategy; including expected vessel acquisitions and
entering into further time charters. Words such as “may”,
“expects”, “intends”, “plans”, “believes”, “anticipates”, “hopes”,
“estimates”, and variations of such words and similar expressions
are intended to identify forward-looking statements. Such
statements include comments regarding expected revenue and time
charters.
These forward-looking statements are based on
the information available to, and the expectations and assumptions
deemed reasonable by Navios Partners at the time these statements
were made. Although Navios Partners believes that the expectations
reflected in such forward-looking statements are reasonable, no
assurance can be given that such expectations will prove to have
been correct. These statements involve known and unknown
risks and are based upon a number of assumptions and estimates
which are inherently subject to significant uncertainties and
contingencies, many of which are beyond the control of Navios
Partners. Actual results may differ materially from those expressed
or implied by such forward-looking statements. Factors that
could cause actual results to differ materially include, but are
not limited to, uncertainty relating to global trade, including
prices of seaborne commodities and continuing issues related to
seaborne volume and ton miles, our continued ability to enter into
long-term time charters, our ability to maximize the use of our
vessels, expected demand in the dry cargo shipping sector in
general and the demand for our Panamax, Capesize, Ultra-Handymax
and Container vessels in particular, fluctuations in charter rates
for dry cargo carriers and container vessels, the aging of our
fleet and resultant increases in operations costs, the loss of any
customer or charter or vessel, the financial condition of our
customers, changes in the availability and costs of funding due to
conditions in the bank market, capital markets and other factors,
increases in costs and expenses, including but not limited
to: crew wages, insurance, provisions, port expenses, lube oil,
bunkers, repairs, maintenance and general and
administrative expenses, the expected cost of,
and our ability to comply with, governmental
regulations and maritime self-regulatory organization standards, as
well as standard regulations imposed by our charterers applicable
to our business, general domestic and international political
conditions, competitive factors in the market in which Navios
Partners operates; risks associated with operations outside the
United States; and other factors listed from time to time in Navios
Partners’ filings with the Securities and Exchange Commission,
including its Form 20-Fs and Form 6-Ks. Navios Partners
expressly disclaims any obligations or undertaking to release
publicly any updates or revisions to any forward-looking statements
contained herein to reflect any change in Navios Partners’
expectations with respect thereto or any change in events,
conditions or circumstances on which any statement is based. Navios
Partners makes no prediction or statement about the performance of
its common units.
Contacts
Navios Maritime Partners L.P.
+1 (212) 906 8645
Investors@navios-mlp.com
Nicolas Bornozis
Capital Link, Inc.
+1 (212) 661 7566
naviospartners@capitallink.com
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