- Navios Maritime Partners has expanded dramatically over the past year. The company has almost 3x the previous fleet.
- The company is focused on a unique business model of covering fixed expenses with contracts and then exposing itself to the open market for profits.
- The company has secured 5-year contracts for 6 2023-2024 newbuilds minimizing volatility until 2030.
- The company can generate hundreds of millions of FCF at current prices enabling significant shareholder rewards.
- We would like to see the company slow down growth and focus now on debt paydown and shareholder rewards.
For further details see:
Navios Maritime Partners Has A Unique Business Model To Drive Returns