Navios Maritime Partners L.P. Announces Acquisition of One Capesize Vessel
(WorldNews Greece)

Navios Maritime Partners L.P. Announces Acquisition of One Capesize Vessel MONACO, April 24, 2017 - Navios Maritime Partners L.P. ("Navios Partners") (NYSE: NMM) an international owner and operator of drybulk and container vessels, announced today that it has agreed to acquire one 2010-built Capesize vessel of 178,132 dwt for a purchase price of $27.5 million. The vessel is expected to be delivered to Navios Partners` owned fleet during the third quarter of 2017. The vessel is expected to generate approximately $3.7 million of annual EBITDA based on current rate environment (Clarkson`s 1-year time charter rate for Capesize vessels as of April 21, 2017), assuming operating expenses...