Navios Maritime Acquisition Corporation Announces Delivery of One VLCC

Monaco - Nov. 03, 2020

Navios Maritime Acquisition Corporation (“Navios Acquisition”) (NYSE: NNA), an owner and operator of tanker vessels, announced today that the Baghdad, a new building VLCC of 313,433 dwt under bareboat lease, was delivered on October 28, 2020 from a Japanese shipyard.

The Baghdad has been chartered out to a high-quality counterparty for a ten-year period at a bareboat rate of $27,816 (net) per day.

The charter party has an option for an additional five-year period at a bareboat rate of $29,751 (net) per day.

About Navios Acquisition
Navios Acquisition (NYSE: NNA) is an owner and operator of tanker vessels focusing on the transportation of petroleum products (clean and dirty) and bulk liquid chemicals.

For more information about Navios Acquisition, please visit our website: www.navios-acquisition.com.

Navios Maritime Acquisition Corporation press release