Navios Maritime Partners L.P Announces Delivery of One Newbuilding Ultra-Handymax Vessel
January 09 2014 - 9:25AM
Marketwired
Navios Maritime Partners L.P Announces Delivery of One Newbuilding
Ultra-Handymax Vessel
MONACO--(Marketwired - Jan 9, 2014) - Navios Maritime Partners
L.P. ("Navios Partners") (NYSE: NMM), an owner and operator of dry
cargo vessels, announced today that the Navios La Paix, a
newbuilding ultra-handymax vessel of 61,485 dwt, was delivered to
Navios Partners' owned fleet on January 7, 2014.
The Navios La Paix has been chartered out to a quality
counterparty for about two years based on the Supramax time charter
Index plus 10%, with a minimum rate of $10,000 per day.
Fleet Update Following the delivery of the Navios La Paix,
Navios Partners has 29 vessels in the water.
Navios Partners has contracted 67.5% of its available days on a
charter-out basis for 2014.
About Navios Maritime Partners L.P. Navios Partners (NYSE: NMM)
is a publicly traded master limited partnership which owns and
operates dry cargo vessels. For more information, please visit our
website at www.navios-mlp.com.
Forward-Looking Statements This 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 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. Although the 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 changes in the demand for dry bulk vessels, 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 the Navios Partners' filings
with the Securities and Exchange Commission. 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.
Public & Investor Relations Contact: 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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