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Navios Maritime Partners L.P. Reports Second Quarter Net Income of $100 Million as Container and Dry Bulk Markets Excel hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Navios Maritime Holdings Inc. Reports First Quarter Revenues of $117 Million Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, yesterday reported financial results for the first quarter ended March 31, 2021. Angeliki Frangou, Chairman and Chief Executive Officer, stated, “I am pleased with the results for the first quarter of 2021. In the first quarter of 2021, Navios Holdings reported revenue of $117.0 million and Adjusted EBITDA of $48.4 million.” Angeliki Frangou continued, “The global pandemic is subsiding as the vaccines rollout gathers momentum. This along with accommodative policy measures are propelling economic activity. The IMF recently increased its 2021 GDP growth forecast 6%, giving us optimism about demand for drybulk vessels. In fact, we are enjoying this impact in our business, with our first quarter 2021 TCE rates more than double our first quarter 2020 TCE rates and about 9% higher sequentially over fourth quarter ....
Navios Maritime Partners L.P. Reports Financial Results for the First Quarter of 2021 streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Navios Maritime Partners L.P. Reports Financial Results for the First Quarter of 2021 Merger with Navios Maritime Containers L.P. completed on March 31, 2021 Revenue: $65.1 million from Navios Partners $43.7 million from Navios Containers Net cash from operating activities: $27.4 million total net cash from operating activities for Q1 2021 $16.2 million from Navios Partners $11.2 million from Navios Containers Adjusted EBITDA: $33.7 million from Navios Partners $22.7 million from Navios Containers $500.0 million financing Significant fleet expansion $0.05 per unit cash distribution for Q1 2021 MONACO, April 29, 2021 (GLOBE NEWSWIRE) Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an international owner and operator of dry cargo vessels, today reported its financial results for the first quarter ended 2021. ....
Navios Maritime Partners L.P. Reports Financial Results for the First Quarter of 2021 marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.