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NNA - Navios By The Numbers - Maritime Acquisition Earnings
Navios Maritime Acquisition Corporation
Navios Maritime Acquisition Corporation (NNA) owns and operates a mixed fleet of tankers, including very large crude carriers (VLCC), clean product tankers, and chemical tankers. Ships operated in both the spot market and on fixed time charter. Many of the VLCC's on time charter have profit sharing arrangements. Long range product tankers (LR1) are mostly operated on spot, but three have fixed time charters. None of the medium range (MR) product tankers operate in the spot.
Positioning the fleet in this way provides long term stability, but also limits the company's ability to