Navios Maritime Partners L.P.NMM
What Navios Maritime Partners L.P. does.
We are an international owner and operator of dry cargo and tanker vessels, formed by Navios Holdings. Our vessels are generally chartered-out under short-term, medium-term and long-term time charters with an average remaining charter duration of approximately 2.1 years to a strong group of counterparties, including ZIM Integrated Shipping Services Ltd., Pacific International Lines (Pte) Ltd (“PIL”), HMM Co. Ltd., COSCO Shipping Group, Chevron Transport Corporation Ltd., Ocean Network Express Pte. Ltd., Unifeeder ISC FZCO, Maersk Group, INEOS Group and Petrochina.
We are committed to integrating sustainability practices into our operations and business strategy aiming to become a leader in sustainability and exploitation of new technologies. We present our sustainability strategy and goals, set measurable sustainability targets and report on our progress across our business operations. Our sustainability reports may be found on our website at www.navios-mlp.com. The information on our website is not incorporated by reference into this annual report. The relevant emissions data for our fleet are reported as required.
We proudly joined the Global Maritime Forum in 2023, an international not-for-profit organization for the global maritime industry. It assembles key leaders from across the maritime industry with policymakers, experts, NGOs and other influential decision-makers. Additionally, we joined the Global Maritime Forum’s Getting to Zero Coalition – a show of our commitment to reducing greenhouse gas emissions. This network is committed to getting commercially viable deep sea zero emission vessels powered by zero emission fuels into operation by 2030 towards full decarbonization by 2050. We are participating in this initiative which aims to achieve an outsized impact on emissions reductions by installing advanced infrastructure technologies in ports along specific shipping routes.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $226.8M | $713.2M | $1.2B | $1.3B | $1.3B | $1.3B |
| Net income | -$68.5M | $516.2M | $579.2M | $433.6M | $367.3M | $285.3M |
| Free cash flow | $21.7M | $60.1M | $72.6M | $377.4M | -$263.5M | $281.0M |
More on NMM.
- Navios Maritime Partners L.P. summary
- Navios Maritime Partners L.P. financial statements
- Navios Maritime Partners L.P. key metrics
- Navios Maritime Partners L.P. health scores and style box
- Navios Maritime Partners L.P. earnings
- Navios Maritime Partners L.P. dividends
- Navios Maritime Partners L.P. valuation
- Navios Maritime Partners L.P. ownership and insiders
- Navios Maritime Partners L.P. peers
Figures from Navios Maritime Partners L.P.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.