August 13, 2019 - 12:25 PM EDT
Navios Maritime Partners: Update From 2nd Quarter 2019 Results


Navios Maritime Partners: Update From 2nd Quarter 2019 Results

Investment Thesis

Navios Maritime Partners (NMM) released their second quarter 2019 results on July 31st, 2019 and it was their first report after a 1 for 15 reverse split, which took place on May 21st, 2019.

Although results from last quarter were not particularly exciting, it is looking good for the coming 12 to 18 months as we can see a stronger market starting to flow into NMM's cash flow plus a jump in the fixed rates for the containerships.

Background

NMM is a Master Limited Partnership domiciled in Marshall Islands. It owns

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Source: SeekingAlpha (August 13, 2019 - 12:25 PM EDT)