Navios Maritime Partners ended the first quarter of 2026 with net income of 106.3 million dollars and revenue of 357 million dollars, while the company’s contracted revenue reached 4.1 billion dollars.The NYSE-listed shipping company, controlled by Angeliki Frangou, manages a fleet of 65 dry bulk vessels, 51 containerships, and 57 tankers. The average remaining charter duration is 2.2 years. Expected contracted revenues stand at 829.4 million dollars for the remainder of 2026 and 807.4 million dollars for 2027, with average daily charter rates of 27,859 and 30,124 respectively.Frangou, Chairwoman and CEO of the company, stated: “I am pleased with the results for the first quarter of 2026, during which we reported net income of 106.3 million dollars and EBITDA of 212.7 million dollars. Earnings per common unit amounted to 3.64 dollars for the quarter, while we announced a dividend of 0.06 dollar per unit.”Regarding developments on the geopolitical map, she highlighted: “We are witnessing the emergence of a new global order, where trade is being used as a tool of national policy. The conflict with Iran highlighted the vital importance of the Strait of Hormuz, a critical artery for the transport of LNG, crude oil, refined products, and fertilizers. We expect this conflict to have long-term implications for trade, as nations and companies diversify their supply chains. We are closely monitoring developments.”Navios Partners has entered into additional long-term charter agreements that are expected to generate 548.7 million dollars in revenue, broken down as follows:Six newly built tankers have been chartered for a period of approximately five years at an average net rate of 41,268 dollars per day. The contracts for two newly built aframax/LR2 vessels are pending final charterer approval.Two containerships have been chartered for an average period of 3.1 years at an average net rate of 28,986 dollars per day.Two tankers have been chartered for one year at an average net rate of 26,069 per day.Including the above contracts, Navios Partners has a total of 4.1 billion dollars in contracted revenue through 2037.
Frangou: A new world order is emerging. Trade is being used as a tool of national policy
The NYSE-listed shipping company, controlled by Angeliki Frangou, manages a fleet of 65 dry bulk vessels, 51 containerships, and 57 tankers. The average










