Navios Maritime Acquisition Corporation Announces Delivery and Employment of One VLCC
16 June 2014 - 10:48PM
Marketwired
Navios Maritime Acquisition Corporation Announces Delivery and
Employment of One VLCC
MONACO--(Marketwired - Jun 16, 2014) - Navios Maritime
Acquisition Corporation ("Navios Acquisition") (NYSE: NNA), an
owner and operator of tanker vessels, announced that the Nave
Neutrino, a 2003-built VLCC of 298,287 dwt, was delivered
today.
The Company also announced that the Nave Neutrino has been
chartered out to a quality counterparty for six months at a rate
based on an adjusted BITR TD3 index with an option for an
additional six months period.
Fleet Update Following the delivery of the Nave Neutrino, Navios
Acquisition has 37 vessels in the water as follows: 23 product
tankers, four chemical tankers and ten VLCCs.
About Navios Maritime Acquisition Corporation Navios Acquisition
(NYSE: NNA) is an owner and operator of tanker vessels focusing in
the transportation of petroleum products (clean and dirty) and bulk
liquid chemicals. For more information about Navios Acquisition,
please visit our website: www.navios-acquisition.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 Acquisition's 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 revenues and time
charters. Although Navios Acquisition 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
Acquisition. 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
Acquisition operates; Navios Acquisition's ability to maintain or
develop new and existing customer relationships, including its
ability to enter into charters for its vessels; risks associated
with operations outside the United States; and other factors listed
from time to time in Navios Acquisition's filings with the
Securities and Exchange Commission. Navios Acquisition 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 Acquisition's expectations
with respect thereto or any change in events, conditions or
circumstances on which any statement is based.
Investor Relations Contact Navios Maritime Acquisition
Corporation +1.212.906.8644
info@navios-acquisition.com
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