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    Colliers Securities initiated coverage on Navios Maritime

    5/19/21 11:56:18 AM ET
    $NNA
    Marine Transportation
    Transportation
    Get the next $NNA alert in real time by email
    Colliers Securities initiated coverage of Navios Maritime with a rating of Neutral
    Get the next $NNA alert in real time by email

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    • Navios Maritime Partners L.P. Secures Unitholder Approval and Completes Acquisition of Navios Maritime Acquisition Corporation

      MONACO, Oct. 15, 2021 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM), an international owner and operator of dry cargo and tanker vessels, announced that it completed the acquisition of Navios Maritime Acquisition Corporation ("Navios Acquisition") (NYSE:NNA). Angeliki Frangou, Chairwoman and Chief Executive Officer, stated, "We are pleased with this transformative transaction through which we created the largest U.S. publicly-listed shipping company with 15 vessel types diversified across three segments, servicing more than 10 end markets. About one-third of our fleet will be in each of the dry bulk, containership and tanker segment. We believe that this

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      Navios Maritime Acquisition Corporation Ship Mortgage Notes being Redeemed Conference Call & Webcast: Tuesday, August 31, 2021 at 8:30 am ET MONACO, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM), an international owner and operator of dry cargo vessels, and Navios Maritime Acquisition Corp. ("Navios Acquisition") (NYSE:NNA), an international owner and operator of tanker vessels, announced today a definitive transaction agreement providing for a combination of Navios Partners and Navios Acquisition in a transaction in which shareholders of Navios Acquisition will receive 0.1275 of a common unit of Navios Partners for each outstanding common

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      GRAND CAYMAN, Cayman Islands, June 30, 2021 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios Holdings" or the "Borrower") (NYSE:NM), a global seaborne shipping and logistics company, today announced the following events: Senior Secured Term Loan Facility Navios Holdings entered into a Senior Secured Term Loan facility with an entity ("Lender") affiliated with its Chairman and Chief Executive Officer, providing for a loan of $115.0 million (the "Loan") to - advance $75.3 million for redeeming certain of Navios Holdings' 11.25% Senior Secured Notes ("Secured Notes") and for general corporate purposes ("Tranche B"); andrefinance $39.7 million of existing indebtedness of Navios H

      6/30/21 7:48:31 AM ET
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    • Colliers Securities initiated coverage on Navios Maritime

      Colliers Securities initiated coverage of Navios Maritime with a rating of Neutral

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      Revenue 28.4% increase $117.0 million in Q1 2021 compared to $91.1 million in Q1 2020 Cash used in operating activities $27.4 million in Q1 2021 Adjusted EBITDA 69.1% increase$48.6 million in Q1 2021 compared to $28.7 million in Q1 2020 Net Income $0.2 million net income in Q1 2021 compared to $53.3 million net loss in Q1 2020 Time Charter Equivalent 103.4% increase$14,404 per day in Q1 2021 compared to $7,082 per day in Q1 2020 $71.0 million debt reduction YTD$65.1 million proceeds from vessel sales YTD GRAND CAYMAN, Cayman Islands, May 27, 2021 (GLOBE NEWSWIRE) -- Navios Maritime Holdings Inc. ("Navios

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