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.