Navios Maritime Partners (NMM) Registration filing summary

Company overview and business model

• International owner and operator of dry cargo and tanker vessels, formed in 2007 in the Marshall Islands.

• Operates a diversified fleet: 65 dry bulk vessels, 51 containerships, and 57 tanker vessels as of May 2026.

• Provides seaborne transportation for commodities including crude oil, refined products, iron ore, coal, grain, fertilizer, and containers.

• Vessels are chartered under short, medium, and long-term contracts, with some spot market exposure.

• Managed by affiliated entities with offices in Greece, Singapore, and Monaco.

Financial performance and metrics

• Total capitalization as of March 31, 2026: $5.63 billion.

• Total secured long-term borrowings: $1.90 billion; senior unsecured bonds: $300 million.

• Common unitholders' capital: $3.38 billion; general partner capital: $61.4 million.

Use of proceeds and capital allocation

• Net proceeds intended for working capital and general corporate purposes, including vessel acquisitions and growth opportunities.

• Management retains broad discretion over allocation and timing of expenditures.