SOURCE: Navios Maritime Midstream Partners L.P.

Navios Maritime Midstream Partners L.P.

January 26, 2015 07:22 ET

Navios Maritime Midstream Partners L.P. Announces Cash Distribution of $0.1973 per Unit

MONACO--(Marketwired - Jan 26, 2015) -  Navios Maritime Midstream Partners L.P. (NYSE: NAP) ("Navios Midstream"), announced today that its Board of Directors has declared a cash distribution of $0.1973 per unit for the 44-day period post-IPO, from November 18, 2014 to December 31, 2014. This distribution represents an annualized distribution of $1.65 per unit.

The cash distribution will be payable on February 12, 2015 to unit holders of record as of February 9, 2015.

About Navios Maritime Midstream Partners L.P.
Navios Maritime Midstream Partners L.P. is a publicly traded master limited partnership which owns and operates crude oil tankers under long-term employment contracts. For more information, please visit our website at www.navios-midstream.com.

Forward Looking Statements 
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and Navios Midstream's growth strategy and measures to implement such strategy; including expected vessel acquisitions and entering into further time charters. Words such as "may", "expects", "intends", "plans", "believes", "anticipates", "hopes", "estimates", and variations of such words and similar expressions are intended to identify forward-looking statements. Such statements include comments regarding expected revenue and time charters. Although the Navios Midstream believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of Navios Midstream. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to changes in tanker industry trends, including charter rates and vessel values and factors affecting vessel supply and demand, competitive factors in the market in which Navios Midstream operates; risks associated with operations outside the United States; and other factors listed from time to time in the Navios Midstream's filings with the Securities and Exchange Commission. Navios Midstream expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Navios Midstream's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Contact Information

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    Navios Maritime Midstream Partners L.P.
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