Contact Information: Contacts Public & Investor Relations Contact: Navios Maritime Partners L.P. Investor Relations Nicolas Bornozis Capital Link, Inc. Tel. (212) 661-7566 E-mail: naviospartners@capitallink.com
Navios Maritime Partners L.P. to Present at 2008 Master Limited Partnership ("MLP") Investor Conference in New York on May 21, 2008
| Source: Navios Maritime Partners L.P.
PIRAEUS, GREECE--(Marketwire - May 15, 2008) - Navios Maritime Partners L.P. ("Navios
Partners") (NYSE : NMM ), an owner and operator of Capesize and Panamax
vessels, today announced that Michael McClure, the Company's Chief
Financial Officer, and George Achniotis, Executive VP-Business Development,
will be presenting at the 2008 MLP Investor Conference hosted by National
Association of Publicly Traded Partnerships, to be held at Crowne Plaza
Times Square Hotel in New York City on Wednesday, May 21, 2008 at 1:45 P.M.
EDT.
A live audio webcast of Navios Partners' presentation along with a PDF
version of the slide presentation will be available on Navios Partners'
corporate website at www.navios-mlp.com in the Investor Relations section.
ABOUT NAVIOS MARITIME PARTNERS L.P.
Navios Maritime Partners L.P. (NYSE : NMM ), an owner and operator of
Capesize and Panamax vessels, was formed by Navios Maritime Holdings Inc.,
a large, global, vertically integrated seaborne shipping and logistics
company, with over 50 years of operating history in the drybulk shipping
industry.
Navios Partners currently operates a fleet of eight drybulk carriers
comprised of five owned Panamax vessels, one chartered-in Capesize vessel
and two chartered-in Panamax vessels. The fleet has a total carrying
capacity of 702,600 dwt and with an average age of approximately 5.8 years
(based on dwt). For more information, please visit our website at
www.navios-mlp.com
Risks and uncertainties are described in reports filed by Navios Maritime
Partners L.P. with the United States Securities and Exchange Commission.
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 Partners' growth strategy and measures to implement such
strategy; including expected vessel acquisitions and entering into further
time charters. Words such as "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 Partners 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 Partners. 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 the demand for dry bulk vessels, competitive factors in the market in
which Navios Partners operates; risks associated with operations outside
the United States; and other factors listed from time to time in the Navios
Partners' filings with the Securities and Exchange Commission. Navios
Partners 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 Partners' expectations
with respect thereto or any change in events, conditions or circumstances
on which any statement is based.