Navios Maritime Partners L.P. Announces Cash Distribution of $0.02 per Unit
28 Janeiro 2019 - 11:45AM
Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM),
announced today that its Board of Directors has declared a cash
distribution of $0.02 per unit for the quarter ended December 31,
2018. This distribution represents an annualized distribution of
$0.08 per unit.
The cash distribution will be payable on February 14, 2019 to
unit holders of record as of February 11, 2019.
About Navios Maritime Partners L.P.Navios
Partners (NYSE:NMM) is a publicly traded master limited partnership
which owns and operates dry cargo vessels. For more information,
please visit our website at www.navios-mlp.com.
Forward-Looking StatementsThis press release
contains forward-looking statements (as defined in Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended) concerning future
events including Navios Partners’ 2018 cash flow generation, future
contracted revenues, future distributions and its ability to have a
dividend going forward, opportunities to reinvest cash accretively
in a fleet renewal program or otherwise, potential capital gains,
our ability to take advantage of dislocation in the market and
Navios Partners’ growth strategy and measures to implement such
strategy; including expected vessel acquisitions and entering into
further time charters. Words such as “may”, “expects”, “intends”,
“plans”, “believes”, “anticipates”, “hopes”, “estimates”, and
variations of such words and similar expressions are intended to
identify forward-looking statements. Such statements include
comments regarding expected revenue and time charters. These
forward-looking statements are based on the information available
to, and the expectations and assumptions deemed reasonable by
Navios Partners at the time these statements were made. Although
Navios Partners believes that the expectations reflected in such
forward-looking statements are reasonable, no assurance can be
given that such expectations will prove to have been correct. These
statements involve known and unknown risks and are based upon a
number of assumptions and estimates which are inherently subject to
significant uncertainties and contingencies, many of which are
beyond the control of Navios Partners. Actual results may differ
materially from those expressed or implied by such forward-looking
statements. Factors that could cause actual results to differ
materially include, but are not limited to, uncertainty relating to
global trade, including prices of seaborne commodities and
continuing issues related to seaborne volume and ton miles, our
continued ability to enter into long-term time charters, our
ability to maximize the use of our vessels, expected demand in the
dry cargo shipping sector in general and the demand for our
Panamax, Capesize, UltraHandymax and Container vessels in
particular, fluctuations in charter rates for dry cargo carriers
and container vessels, the aging of our fleet and resultant
increases in operations costs, the loss of any customer or charter
or vessel, the financial condition of our customers, changes in the
availability and costs of funding due to conditions in the bank
market, capital markets and other factors, increases in costs and
expenses, including but not limited to: crew, insurance,
provisions, port expenses, lube oil, bunkers, repairs, maintenance
and general and administrative expenses, the expected cost of, and
our ability to comply with, governmental regulations and maritime
self-regulatory organization standards, as well as standard
regulations imposed by our charterers applicable to our business,
general domestic and international political conditions,
competitive factors in the market in which Navios Partners
operates; risks associated with operations outside the United
States; and other factors listed from time to time in Navios
Partners’ filings with the Securities and Exchange Commission,
including its Form 20- Fs and Form 6- Ks. Navios Partners expressly
disclaims any obligations or undertaking to release publicly any
updates or revisions to any forward-looking statements contained
herein to reflect any change in Navios Partners’ expectations with
respect thereto or any change in events, conditions or
circumstances on which any statement is based. Navios Partners
makes no prediction or statement about the performance of its
common units.
Public & Investor Relations Contact:Navios
Maritime Partners L.P.+1.212.906.8645Investors@navios-mlp.com
Nicolas BornozisCapital Link,
Inc.+1.212.661.7566naviospartners@capitallink.com
Navios Maritime Partners (NYSE:NMM)
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