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home / news releases / NMM - Navios Acquisition: The Interesting Type Of Risky


NMM - Navios Acquisition: The Interesting Type Of Risky

Navios Acquisition Overview

Navios Maritime Acquisition (NNA) is a shipping holding company focused on product tankers and VLCC crude carriers. NNA is a 'daughter-company' of Navios Maritime Holdings (NM). NNA was previously the general partner and owned nearly 60% of Navios Midstream Partners (NAP), which imploded (as expected and as predicted) during 2018 as the unsustainable distribution was finally cut and the resulting shell was rolled back up.

NNA conducted a 15-1 reverse split last Novenber and they rolled-up NAP at a post-split ratio of 0.42 shares

Read more ...

Stock Information

Company Name: Navios Maritime Partners LP Representing Limited Partner Interests
Stock Symbol: NMM
Market: NYSE
Website: navios-mlp.com

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