Navios Maritime Partners L.P. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023 at 08:04 am EDT
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Navios Maritime Partners L.P. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 323.18 million compared to USD 322.39 million a year ago. Net income was USD 89.78 million compared to USD 257.16 million a year ago.
For the nine months, sales was USD 979.64 million compared to USD 839.67 million a year ago. Net income was USD 301.25 million compared to USD 460.99 million a year ago.
Navios Maritime Partners LP is a Monaco-based international owner and operator of dry cargo and container vessels. The Company is engaged in the seaborne transportation services with a range of dry cargo commodities, including iron ore, coal, grain, fertilizer, and containers. It owns and operates its worldwide fleet with a diversified customer base which focuses on providing seaborne shipping services under long-term time charters. Panamax vessels carry a range of dry cargo commodities, including iron ore, coal, grain and fertilizer and being accommodated in various discharge ports. Capesize vessels are dedicated to the carriage of iron ore and coal. Ultra-Handymax vessels works with less carrying capacity and have self-loading and discharging gear on board to accommodate undeveloped ports. It also acts as a trusted partner for industrial end users, ship owners, financial business partners, agents and brokers.
NAVIOS MARITIME PARTNERS L.P. 
