Navios Maritime Holdings Inc. NMPGY

What this company does

Navios Holdings holds a controlling equity stake in Navios South American Logistics Inc., an infrastructure and logistics company in the Hidrovia region of South America, and an interest in Navios Maritime Partners L.P., a U.S. publicly listed shipping company that owns and operates dry cargo and tanker vessels. As of December 31, 2022, Navios Holdings owned 63.8% of Navios Logistics' stock. As of both December 31, 2022 and 2021, Navios Holdings had a 10.3% ownership interest in Navios Partners. Navios Logistics serves its customers in the Hidrovia region through three port storage and transfer facilities: a grain port terminal supporting agricultural and forest-related exports, an iron-ore port terminal supporting mineral-related exports, and a liquid port terminal with tank storage for refined petroleum products. As of December 31, 2021, Navios Logistics employed 412 land-based employees and 577 seafarers as crew on its vessels. Navios Logistics operates a fleet of 271 barges and 30 pushboats in its barge business, and seven vessels, comprising five tankers, one bunker vessel and one river and estuary product tanker, in its cabotage business. Navios Partners' fleet consists of 83 drybulk vessels, 47 containerships and 46 tanker vessels. The Company is a corporation incorporated under the BCA and the laws of the Republic of the Marshall Islands.

Written from the business description in Navios Maritime Holdings Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 28 March 2023. Every sentence was checked against that document before publication.