MONACO, July 25, 2024 (GLOBE NEWSWIRE) — Navios Maritime Companions (NYSE:) L.P. (“Navios Partners”) (NYSE:NMM), introduced at the moment that its Board of Administrators has declared a money distribution of $0.05 per unit for the quarter ended June 30, 2024. This distribution represents an annualized distribution of $0.20 per unit.
The money distribution shall be payable on August 14, 2024 to unit holders of file as of August 9, 2024.
About Navios Maritime Companions L.P.
Navios Companions (NYSE: NMM) is a world proprietor and operator of dry cargo and tanker vessels. For extra data, please go to our web site at www.navios-mlp.com.
Ahead-Trying Statements
This press launch incorporates and can include forward-looking statements (as outlined in Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Alternate Act of 1934, as amended) regarding future occasions, TCE charges and Navios Companions’ anticipated money movement era, future contracted revenues, future distributions and its means to make distributions going ahead, alternatives to reinvest money accretively in a fleet renewal program or in any other case, potential capital beneficial properties, its means to reap the benefits of dislocation out there and Navios Companions’ development technique and measures to implement such technique, together with anticipated vessel acquisitions and coming into into additional time charters and Navios Companions’ means to refinance its debt on engaging phrases, or in any respect. Phrases similar to might, expects, intends, plans, believes, anticipates, hopes, estimates, and variations of such phrases and related expressions are meant to establish forward-looking statements.
These forward-looking statements are primarily based on the data out there to, and the expectations and assumptions deemed affordable by Navios Companions on the time these statements have been made. Though Navios Companions believes that the expectations mirrored in such forward-looking statements are affordable, no assurance may be provided that such expectations will show to have been right. These statements contain dangers and are primarily based upon quite a lot of assumptions and estimates which can be inherently topic to important uncertainties and contingencies, lots of that are past the management of Navios Companions. Precise outcomes might differ materially from these expressed or implied by such forward-looking statements.
Components that might trigger precise outcomes to vary materially embody, however should not restricted to, dangers referring to: international and regional financial and political situations together with international financial exercise, demand for seaborne transportation of the merchandise we ship, the flexibility and willingness of charterers to satisfy their obligations to us and prevailing constitution charges, the financial situation of the markets during which we function, shipyards performing scrubber installations, development of newbuilding vessels, drydocking and repairs, altering vessel crews and availability of financing; potential disruption of delivery routes on account of accidents, wars, sanctions, illnesses, pandemics, political occasions, piracy or acts by terrorists; uncertainty referring to international commerce, together with costs of seaborne commodities and persevering with points associated to seaborne quantity and ton miles, our continued means to enter into long-term time charters, our means to maximise the usage of our vessels, anticipated demand within the dry and liquid cargo delivery sectors on the whole and the demand for our dry bulk, containerships and tanker vessels specifically, fluctuations in constitution charges for dry bulk, containerships and tanker vessels, the getting older of our fleet and resultant will increase in operations prices, the lack of any buyer or constitution or vessel, the monetary situation of our clients, adjustments within the availability and prices of funding on account of situations within the financial institution market, capital markets and different components, fluctuation in rates of interest and overseas change charges, will increase in prices and bills, together with however not restricted to: crew, insurance coverage, provisions, port bills, lube oil, bunkers, repairs, upkeep and common and administrative bills, the anticipated value of, and our means to adjust to, governmental rules and maritime self-regulatory group requirements, in addition to normal rules imposed by our charterers relevant to our enterprise, common home and worldwide political situations, aggressive components out there during which Navios Companions operates; dangers related to operations exterior america; and different components listed every now and then in Navios Companions’ filings with the Securities and Alternate Fee, together with its Kind 20-Fs and Kind 6-Ks. Navios Companions expressly disclaims any obligations or endeavor to launch publicly any updates or revisions to any forward-looking statements contained herein to mirror any change in Navios Companions’ expectations with respect thereto or any change in occasions, situations or circumstances on which any assertion is predicated. Navios Companions makes no prediction or assertion concerning the efficiency of its widespread items.
Contacts
Public & Investor Relations Contact:
Navios Maritime Companions L.P.
+1.212.906.8645
[email protected]
Nicolas Bornozis
Capital Hyperlink, Inc.
+1.212.661.7566
[email protected]
Supply: Navios Maritime Companions L.P.
