Vmbook Online ordering

Navios Maritime Partners Lp

Navios Maritime Partners L.P. is a publicly traded master limited partnership (MLP) that operates in the maritime industry, specifically in the ownership and operation of dry cargo vessels. The company's fleet consists of cargo vessels that transport bulk commodities such as iron ore, coal, and grains. Navios Maritime Partners L.P. is listed on the New York Stock Exchange (NYSE) under the ticker symbol "NMM."

As a master limited partnership, Navios Maritime Partners L.P. is a business structure that combines the tax benefits of a partnership with the liquidity of publicly traded securities. It is required to distribute at least 90% of its taxable income to unitholders in the form of quarterly distributions.

Some key financial metrics and operational information for Navios Maritime Partners L.P. include:

* Market capitalization: approximately $170 million (as of February 2023)

* Fleet size: 57 vessels, including Capesize, Panamax, and Ultra-Handymax dry bulk carriers

* Revenue: $197.4 million (full year 2021)

* Net income: -$13.2 million (full year 2021)

* Adjusted EBITDA: $135.2 million (full year 2021)

* Distribution coverage ratio: 0.58x (full year 2021)

It's important to note that investing in individual stocks, particularly those in the maritime industry, carries inherent risks such as market volatility, economic downturns, and industry-specific factors such as fluctuations in commodity prices and trade patterns. As with any investment, it is recommended to conduct thorough research and consider consulting with a financial advisor before making investment decisions.