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Stock Market & Financial Investment News

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January 24, 2013
08:45 EDTNNANavios Acquisition announces delivery of MR2 vessel with three-year employment
Navios Maritime Acquisition announced that the Nave Bellatrix, a new building MR2 product tanker vessel of 49,999 dwt, was delivered today from a South Korean shipyard. Nave Bellatrix has been chartered out to a high quality counterparty for three years at a rate of $13,331 net per day plus 50% profit sharing. The charterer will receive the first $1,000 of profits above the base rate and the owner will receive next $1,000 of profits. Thereafter, all profits will be split equally to each party. The charterer has been granted an option for an additional year at a rate of $14,813 net per day plus 50% profit sharing. The vessel is expected to generate approximately $2.5M of annual base EBITDA and approximately $7.4M of aggregate base EBITDA assuming operating expense approximating current operating costs and 360 revenue days per year.
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August 19, 2014
07:49 EDTNNANavios Acquisition reports Q2 adjusted EPS 0c, consensus (1c)
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August 18, 2014
15:26 EDTNNANotable companies reporting before tomorrow's open
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