Research analysts who have asked questions during Navios Maritime Partners earnings calls.
Recent press releases and 8-K filings for NMM.
Navios Maritime Partners L.P. Reports Q3 2025 Financial Results and Strategic Updates
NMM
Earnings
Debt Issuance
New Projects/Investments
- Navios Maritime Partners L.P. reported an increase in time charter and voyage revenues by 1.8% to $346.9 million for the three-month period ended September 30, 2025, compared to the same period in 2024.
- Net cash provided by operating activities increased by $12.7 million to $381.3 million for the nine-month period ended September 30, 2025.
- The company agreed to acquire six newbuilding vessels (two Aframax/LR2 tankers and four methanol-ready containerships) during Q2 and Q3 2025, with expected deliveries in 2027 and 2028.
- In October 2025, Navios Maritime Partners L.P. successfully placed $300,000 of senior unsecured bonds with a 7.75% fixed coupon, maturing in November 2030, intended for general corporate purposes and debt repayment. The company also entered into new credit facilities in Q3 2025 and was in compliance with all financial covenants as of September 30, 2025.
Nov 28, 2025, 9:05 PM
Navios Partners Announces Q3 2025 Results and Strategic Updates
NMM
Earnings
Debt Issuance
Share Buyback
- Navios Partners reported Q3 2025 revenue of $346.9 million, Adjusted EBITDA of $194.0 million, and Net Income of $56.3 million.
- The company operates a fleet of 171 vessels with an average age of 9.7 years, and maintained a Net LTV of 34.5% as of Q3 2025.
- Navios Partners returned $42.2 million to unitholders year-to-date 2025 through $4.5 million in dividends and $37.7 million in common unit repurchases. The company also reported $412 million in available liquidity, including $381.6 million in cash as of September 30, 2025.
- Recent developments include $460.4 million in acquisitions for four newbuilding containerships and the issuance of $300 million in senior unsecured bonds to repay floating-rate debt.
Nov 18, 2025, 1:30 PM
Navios Maritime Partners Reports Q3 2025 Results and Strategic Financial Moves
NMM
Earnings
Debt Issuance
Share Buyback
- Navios Maritime Partners reported Q3 2025 revenue of $346.9 million, EBITDA of $193.9 million, and net income of $56.3 million, with earnings per common unit of $1.90.
- The company maintains a diversified fleet of 171 vessels with an average age of 9.7 years and a gross value of $6.3 billion, supported by $412 million in available liquidity and a net loan-to-value (LTV) of 34.5%.
- NMM added $745 million in long-term contracted revenue during Q3 2025, bringing its total revenue backlog to $3.7 billion. For Q4 2025, 88% of available days are fixed at a net average rate of $24,871 per day, and for 2026, 58% of available days are fixed at $27,088 per day, generating approximately $860 million in revenue.
- Navios Maritime Partners issued a $300 million senior secured bond in the Norwegian market at a 7.75% coupon with a five-year term, using the proceeds to repay $292.3 million of floating rate debt and increasing the fixed-rate debt to 41% of its total debt at an average rate of 6.2%.
- The company has returned $42.2 million through its dividend and unit repurchase programs, with $37.3 million in remaining purchase power, having repurchased almost 5% of outstanding units.
Nov 18, 2025, 1:30 PM
Navios Maritime Partners Reports Strong Q3 2025 Results and Strategic Financial Moves
NMM
Earnings
Debt Issuance
New Projects/Investments
- Navios Maritime Partners reported Q3 2025 revenue of $346.9 million and earnings per common unit of $1.90.
- The company added $745 million in long-term contracted revenue during Q3 2025, contributing to a total revenue backlog of $3.7 billion.
- A $300 million senior secured bond was issued at a 7.75% coupon to refinance floating rate debt, resulting in 41% of the company's debt being fixed at an average rate of 6.2% and creating $1.2 billion in debt-free vessels.
- For 2026, 58% of available days are fixed at a net average rate of $27,088 per day, with a low break-even of $894 per day for the remaining open and index days.
- The fleet modernization program includes the acquisition of four newbuilding 8,850 TEU container ships in Q3 2025 for $460 million, part of 25 newbuilding vessels delivering through 2028.
Nov 18, 2025, 1:30 PM
Navios Maritime Partners Reports Q3 2025 Results and Strategic Updates
NMM
Earnings
Debt Issuance
New Projects/Investments
- Navios Maritime Partners reported Q3 2025 revenue of $346.9 million and net income of $56.3 million, with earnings per common unit of $1.90. For the first nine months of 2025, revenue was $978.6 million and net income was $168 million, with earnings per common unit of $5.62.
- The company's revenue backlog reached $3.7 billion after adding $745 million in long-term contracted revenue during Q3 2025, supporting a modern fleet of 171 vessels with 25 newbuilding vessels delivering through 2028.
- NMM completed a $300 million senior secured bond issuance at a 7.75% coupon, which helped repay $292.3 million of floating rate debt and resulted in 41% of its debt being fixed at an average rate of 6.2%.
- For Q4 2025, 88% of available days are fixed at a net average rate of $24,871 per day, and for 2026, 58% of available days are fixed at $27,088 per day, with a low break-even of $894 per day for remaining open days.
Nov 18, 2025, 1:30 PM
Navios Maritime Partners Places Senior Unsecured Bonds
NMM
Debt Issuance
- Navios Maritime Partners L.P. (NMM) successfully placed USD 300 million of new senior unsecured bonds in the Nordic bond market on October 28, 2025.
- The bonds are set to mature in November 2030 and will pay a fixed coupon of 7.75% per annum, payable semi-annually.
- The net proceeds from the bond issue are intended for the repayment of certain outstanding secured debt facilities and for general corporate purposes.
Oct 28, 2025, 1:32 PM
Navios Maritime Partners L.P. Announces Potential Senior Unsecured Bond Issue
NMM
Debt Issuance
- Navios Maritime Partners L.P. (NMM) has mandated Norwegian investment banks to arrange fixed income investor calls commencing on October 20, 2025.
- A five-year USD denominated senior unsecured bond issue may follow these calls, subject to market conditions.
- The net proceeds from the contemplated bond issue are intended for the repayment of certain outstanding debt facilities and for general corporate purposes.
Oct 17, 2025, 6:55 AM
Navios Maritime Partners Announces Recent Fleet Developments
NMM
New Projects/Investments
Guidance Update
- Navios Maritime Partners has sold two dry bulk vessels and agreed to sell one tanker vessel, expecting to generate $69.1 million in gross sale proceeds.
- The company took delivery of a 2025-built MR2 product tanker, which has been chartered-out for approximately five years at a rate of $22,669 net per day.
- New long-term charters for three containerships and two MR2 product tankers are expected to generate $113.9 million in revenue.
- As of October 10, 2025, Navios Partners has $3.6 billion in contracted revenue through 2037. The company has fixed 88.1% of its available days for the last six months of 2025 and 48.1% for 2026.
Oct 16, 2025, 8:06 PM
Quarterly earnings call transcripts for Navios Maritime Partners.
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