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Stock Market & Financial Investment News

News For NMM From The Last 14 Days
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March 5, 2015
07:12 EDTNMMCapital Link to hold a forum
2nd Annual Master Limited Partnership Investing Forum is being held in New York on March 5.
February 26, 2015
09:35 EDTNMMNavios Maritime Partners acquires option to acquire on TEU container vessel
Navios Maritime Partners announced that it has secured, for no consideration, an option to acquire a 2012 South Korean-built container vessel of 13,100 TEU from an unrelated third party. The vessel is currently chartered out to a high quality counterparty for a twelve-year period ending May 2027. The main terms of the option are an acquisition price of $147.8M; latest exercise date of June 5; delivery of vessel in Q3; remaining charter duration at delivery of 12 years with Navios Partners' option to terminate after year seven; a charter rate of $60,275, net per day.

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