MONACO, July 26, 2023 (GLOBE NEWSWIRE) — Navios Maritime Partners L.P. (“Navios Partners”) NMM, announced today that its Board of Directors has declared a cash distribution of $0.05 per unit for the quarter ended June 30, 2023. This distribution represents an annualized distribution of $0.20 per unit.
The cash distribution will be payable on August 11, 2023 to unit holders of record as of August 8, 2023.
About Navios Maritime Partners L.P.
Navios Partners NMM is an international owner and operator of dry cargo and tanker vessels. For more information, please visit our website at www.navios-mlp.com.
This press release contains and will contain 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, TCE rates and Navios Partners’ expected cash flow generation, future contracted revenues, future distributions and its ability to make distributions going forward, opportunities to reinvest cash accretively in a fleet renewal program or otherwise, potential capital gains, its 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 and Navios Partners’ ability to refinance its debt on attractive terms, or at all. 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.
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…