of One Panamax Vessel
Monaco, October 15, 2013
Navios Maritime Partners L.P. ("Navios Partners") (NYSE: NMM) an owner and operator of dry cargo vessels, announced today that the Navios Harmony, a 2006-built panamax vessel of 82,790 dwt, was delivered to Navios Partners' owned fleet on October 11, 2013.
The Navios Harmony has been chartered out to a high quality counterparty for four to six months at a rate of $14,725 net per day. The vessel is expected to generate approximately $1.5 million aggregate EBITDA for the period of this charter assuming operating expense approximating current operating costs.
Following the delivery of the Navios Harmony, Navios Partners has 23 vessels in the water.
Navios Partners has contracted 99.7% and 52.5% of its available days on a charter-out basis for 2013 and 2014, respectively.
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.
Navios Maritime Partners L.P. press release