Saturday, August 28, 2021

Navios Merges Into Largest U.S. Listed Shipping Company

The Monaco-based Navios Maritime Partners (NMM) is acquiring the debt-laden Navios Maritime Acquisition Company (NNA) to create a massive containership, bulker, and tankship company with over 140 ships. This will...

August 28, 2021
Total Views: 1481

Tuesday, July 27, 2021

Navios Stock Crashes After Newbuild Announcement

by John Konrad (gCaptain) Shares of Navios Maritime Partners $NMM fell 7.5% this morning after the company announced a six-ship order for mid-sized containerships. Angeliki Frangou, CEO of the company,...

July 27, 2021
Total Views: 2203

Thursday, July 22, 2021
baltic dry index

Activist Investor Applies Pressure to Navios Maritime Partners Management

Investment company MRMP-Managers, LLC has sent a letter to NYSE-listed Navios Maritime Partners (NMM) and its CEO Angeliki Frangou detailing concerns regarding the management and direction of the company, and...

July 22, 2021
Total Views: 855

Tuesday, January 5, 2021

Navios Maritime Partners and Navios Maritime Containers Seal Merger Deal

U.S.-listed Navios Maritime Partners L.P. (NYSE: NMM) and Navios Maritime Containers L.P. (NASDAQ: NMCI) have announced a definitive merger agreement in which Navios Partners will acquire all of the publicly...

January 5, 2021
Total Views: 854

Thursday, April 13, 2017
Angeliki Frangou, CEO Navios

Suny Maritime To Honor Female Shipping Pioneer Angeliki Frangou

SUNY Maritime College will recognize one of the most prominent women in the maritime industry with an honorary doctorate during its May 2017 commencement ceremony in The Bronx.  Angeliki Frangou,...

April 13, 2017
Total Views: 25

Tuesday, December 22, 2015
oil tanker
Maritime News

Navios Proving It’s a Good Time to Be in the Tanker Business

International tanker owner and operator Navios Maritime Acquisition Corporation (Navios Acquisition) is proving that it’s a good time to be in the tanker business, having recently announced the employment of seven...

December 22, 2015
Total Views: 15

Wednesday, December 18, 2013
hsh nordbank
Maritime News

Navios Acquires 10 Ships from HSH Norbank Debtors, Additional Ships Possible

Navios Europe Inc. announced today they have acquired ten vessels from debtors of HSH Nordbank AG including five product tankers and five Panamax and sub-Panamax container vessels.  The deal was closed for...

December 18, 2013
Total Views: 3

Sunday, November 24, 2013
george soros

‘Things Cannot Get Worse’ in Shipping

The momentum keeps building that shipping is indeed in a cyclical recovery.

November 24, 2013
Total Views: 41

Monday, September 23, 2013
navios acquisition

Navios Acquisition Extends LR1 Time Charters

Navios Maritime Acquisition Corporation (NYSE: NNA) announced today that it has agreed to extend the existing charters on the LR1 Product Tankers Nave Atropos, Nave Rigel, and Nave Ariadne for...

September 23, 2013
Total Views: 1

Tuesday, August 13, 2013
shinyo navigator

Navios Acquisition Buys Decade-Old Supertanker, Transfers Charter

Navios Maritime Acquisition Corporation (NYSE: NNA) announced today they have acquired the 2003-built VLCC Nave Celeste for purchase price of $35.4 million. The vessel will be assuming the charter held by the...

August 13, 2013
Total Views: 2

Tuesday, August 6, 2013
navios acquisition

Navios Maritime Acquisition Receives Charters for MR2 Newbuilds

Navios Maritime Acquisition Corporation (NYSE: NNA) has announced that four of their eleven MR2 newbuild product tankers have just received charter contracts. One of the chartered product tankers is expected...

August 6, 2013
Total Views: 9

Thursday, July 11, 2013
navios acquisition

Navios Continues Tanker Fleet Expansion

Navios Maritime Acquisition Corporation (NYSE: NNA) has announced plans to acquire two chemical tanker newbuilds as well as the exercised option to acquire two MR2 product tankers at an aggregate...

July 11, 2013
Total Views: 3

Monday, July 8, 2013
navios acquisition

Navios Acquisition Accepts Delivery of MR2 Product Tanker, Extends Charter on Nave Polaris

Navios Maritime Acquisition Corporation (NYSE: NNA) has announced the Nave Equinox, a 2007-built, 50,922 dwt MR2 Ice Class 1A product tanker was delivered on June 26, 2013. Navios Acquisition also announced...

July 8, 2013
Total Views: 1

Friday, June 28, 2013

Outlook Brightens For Drybulk Shippers, But Fewer Left Afloat

The outlook for the drybulk shipping market is brightening after a stormy four years, but only those shippers that managed to avoid getting swamped by debt are poised to take full advantage.

June 28, 2013
Total Views: 1

Monday, June 3, 2013

Navios Maritime Seeking $250 Million Refinancing Loan, Source Says

Navios Maritime Holdings LP is seeking a $250 million term loan to refinance debt and fund the acquisition of new vessels, sources say.

June 3, 2013
Total Views: 5

Thursday, May 2, 2013
Nave Atropos sungdong shipyard

April Showers Bring More Tankers for Navios

“I am pleased with our results,” commented Angeliki Frangou, Chairman and CEO of Navios Acquisition on her company’s first quarter financials. The Piraeus-based tanker owner reported 18 percent growth of EBITDA...

May 2, 2013
Total Views: 6

Wednesday, April 24, 2013
Nave Atropos sungdong shipyard

Sungdong Shipyard Delivers LR1 Product Tanker to Navios

Piraeus-based tanker owner, Navios Maritime Acquisition Corporation (NYSE: NNA) announced the delivery today of the Nave Atropos, a 74,695 dwt LR1 product tanker, from Sungdong Shipyard in South Korea. Nave Atropos...

April 24, 2013
Total Views: 9

Monday, April 22, 2013

HSH Nordbank Cuts Bad Ship Loans Through 10 Ship Deal With Navios

Deal marks Navios' entry into the container ship segment.

April 22, 2013
Total Views: 1


Navios Forms New Joint Venture, Acquires 10-Vessel Fleet

Navios Maritime Holdings Inc. and Navios Maritime Acquisition Corporation Through a New Joint Venture Agree to Acquire a Ten-Vessel Fleet From Debtors of HSH Nordbank AG PIRAEUS, GREECE — (Marketwired) — 04/22/13 — Navios Maritime...

April 22, 2013
Total Views: 2

Wednesday, April 3, 2013
navios acquisition

Navios Closes $144 Million Deal for 5+2 MR2 Product Tankers

Navios Maritime Acquisition Corporation (NYSE: NNA) announced today that it has signed a $143.8 million deal to purchase five MR2 product tankers with an option for two additional MR2 eco-type product...

April 3, 2013
Total Views: 2