19.05.2022 - Revenue $127.8 million in Q1 2022 compared to $117.0 million in Q1 2021 Cash provided by/(used in) operating activities $16.4 million in Q1 2022 compared to $(27.4) million in Q1 2021 Adjusted EBITDA $73.8 million in Q1 2022 compared to $49.2 .
Navios Maritime Holdings Inc Rides Healthy Dry Bulk Market During First Quarter hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, reported financial results for the fourth quarter and year ended December 31, 2021. Angeliki Frangou, Chairwoman and Chief Executive Officer, stated, “I am pleased with our excellent results for the fourth quarter and full year of 2021. In the fourth quarter of 2021, Navios .
Shipping Markets Rebound, Boost Navios Maritime Holdings First Half Financial Results, As the Company Expects Further Gains in the Near Term hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Navios Maritime Holdings Inc. Reports First Quarter Revenues of $117 Million
Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, yesterday reported financial results for the first quarter ended March 31, 2021.
Angeliki Frangou, Chairman and Chief Executive Officer, stated, “I am pleased with the results for the first quarter of 2021. In the first quarter of 2021, Navios Holdings reported revenue of $117.0 million and Adjusted EBITDA of $48.4 million.”
Angeliki Frangou continued, “The global pandemic is subsiding as the vaccines rollout gathers momentum. This along with accommodative policy measures are propelling economic activity. The IMF recently increased its 2021 GDP growth forecast 6%, giving us optimism about demand for drybulk vessels. In fact, we are enjoying this impact in our business, with our first quarter 2021 TCE rates more than double our first quarter 2020 TCE rates and about 9% higher sequentially over fourth quarter of 2020.”