Navios Announces Delivery of Two Panamax Vessels to Its Fleet (Monaco)

Navios Maritime Holdings Inc., a global, vertically integrated seaborne shipping and logistics company, announced yesterday that two Panamax vessels were delivered to Navios Holdings’ owned fleet.

The Navios Galileo, a 2006-built Panamax vessel of 76,596 dwt, was delivered to Navios Holdings’ owned fleet on August 26, 2013. The vessel is chartered-out for approximately six months at a rate of $8,835 net per day.

The Navios Amitie, a 2005-built Panamax vessel of 75,395 dwt, was delivered to Navios Holdings’ owned fleet on September 10, 2013. The vessel is chartered-out for approximately six months at a rate of $9,263 net per day.

Fleet Update

Following the delivery of the Navios Galileo and the Navios Amitie, Navios Holdings has 50 vessels in the water.

Navios Holdings has contracted 90.3% and 27.7% of its available days on a charter-out basis for 2013 and 2014, respectively.

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Navios Maritime, September 12, 2013