Navios Maritime Partners L.P. · Piraeus Greece · (NYSE: NMM)
Company Description
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This link will open in a new window Navios Maritime Partners (NMP) knows what it means to stand on the shoulders of giants. The dry bulk transporter was formed in 2007 by Navios Maritime Holdings (NMH), which also operates dry bulk vessels. NMP hopes to take advantage of NMH's 50-plus years in business as it markets its own services. The junior company has a fleet of more than half a dozen vessels with an overall capacity of about 700,000 deadweight tons (DWT). Freight hauled by NMP's vessels includes such commodities as coal, grain, and iron ore. The vessels have been chartered under long-term contracts to customers such as Cargill International, Mitsui O.S.K. Lines , and Rio Tinto Shipping. To read the full description, subscribe now.
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Key Navios Maritime Partners L.P. Financials
| Company Type | Public - NYSE: NMM |
| Fiscal Year-End | December |
| 2006 Employees | 2 |
Navios Maritime Partners L.P. Executives
9 executives listed for Navios Maritime Partners L.P.'s Piraeus Greece location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Angeliki Frangou | |
| CFO | Stratos Desypris | |
| EVP Business Development and Director | George Achniotis |
Competition
Competitive Landscape for Navios Maritime Partners L.P.
Demand is driven by macroeconomic trends in global imports and exports. The profitability of individual companies depends on efficient operations and a good safety record. Large companies have advantages in fleet size and port access. Small companies can compete effectively by chartering services out of smaller ports and transporting unusual cargo. Average annual revenue per worker for a typical company is nearly $500,000. The global shipping industry transports over 90 percent of the world's total commerce, according to the International Shipping Federation (ISF). Deep sea shipping is a highly competitive industry; however, competition from other forms of transportation is limited. To read the full description, subscribe now.Top Navios Maritime Partners L.P. Competitors
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