Navios Maritime Partners LP announces cash distribution of $0.05 per unit



MONACO, April 29, 2024 (GLOBE NEWSWIRE) — Navios Maritime Partners (NYSE:) LP (“Navios Partners”) (NYSE: NMM) today announced that its Board of Directors has announced a cash distribution of $0.05 per unit to the Company.

The cash distribution will be payable on May 14, 2024 to unitholders of record as of May 10, 2024.

About Navios Maritime Partners LPNavios Partners (NYSE: NMM) is an international owner and operator of dry cargo ships and tankers. For more information, please visit our website: www.navios-mlp.com.

forward-looking statementsThis press release contains and will contain 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) regarding future events, TCE rates and Navios Partners’ expected cash flows, Future contract revenue, future distributions and its ability to make future distributions, opportunities for incremental cash reinvestment in fleet renewal programs or otherwise, potential capital gains, the ability to capitalize on market disruptions and Navios' Partners' growth strategy and measures to implement that strategy , including anticipated vessel acquisitions and the conclusion of further time charter contracts, as well as Navios Partners' ability to refinance its debt on attractive terms or at all. Words such as “may,” “expect,” “intend,” “plan,” “believe,” “anticipate,” “hope,” “estimate” and variations of these words and similar expressions are intended to identify forward-looking statements.

These forward-looking statements are based on information available to Navios Partners at the time the statements are made and on expectations and assumptions that Navios Partners believes are reasonable. Although Navios Partners believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. These statements involve risks and are based on a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond Navios Partners' control. Actual results may differ materially from those expressed or implied by such forward-looking statements.

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Factors that could cause actual results to differ materially include, but are not limited to, risks related to: global and regional economic and political conditions, including global economic activity, ocean freight demand for the products we transport, and the ability and willingness of our charterers. obligations and prevailing charter rates, economic conditions in the markets in which we operate, shipyards performing scrubber installations, new ship construction, drydocking and repairs, crew changes and financing; due to accidents, war, disease, epidemics, Possible disruptions to shipping routes due to political events, piracy or terrorist acts; Uncertainties related to global trade, including the price of seaborne commodities and ongoing issues related to ocean freight volumes and ton-miles, as we continue to enter into long-term charter parties Capacity, our ability to maximize the utilization of our vessels, expected demand for dry and dry cargoes, the liquid cargo transportation industry in general, and demand for our dry bulk, container ships and tankers in particular, dry bulk, container Fluctuations in charter rates for ships and tankers, the aging of our fleet and the resulting increase in operating costs, the loss of any customers or charters or vessels, the financial condition of our customers, due to banking market conditions, capital markets and changes in financing availability and costs, fluctuations in interest rates and foreign exchange rates, increases in costs and expenses due to other factors, including but not limited to: crewing, insurance, regulations, port charges, lubricants, fuel, repairs, maintenance and general and administrative expenses, the anticipated costs of government regulations and maritime self-regulatory organization standards and our ability to comply with standards and regulations applicable to our business, such as those imposed by our charterers, general domestic and international political conditions, competitive factors in the markets in which Navios Partners operates ; risks associated with operations outside the United States; and other factors set forth from time to time in Navios Partners' filings with the Securities and Exchange Commission, including Forms 20-F and 6-K. Navios Partners expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Navios Partners' expectations therewith or any change in events, conditions or circumstances on which any statement is based. Navios Partners makes no predictions or statements regarding the performance of its common units.

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contact methodPublic and Investor Relations Contact:Navios Maritime Partners LP+1.212.906.8645Investors@navios-mlp.com

Nicolas BornozisCapital Link, Inc.+1.212.661.7566naviospartners@capitallink.com





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