Business Context and Reporting Period
This Form 6-K filing by Navios Maritime Partners L.P. is dated September 10, 2013. The report discloses a specific corporate event regarding the chartering of a newbuilding vessel rather than providing comprehensive periodic financial results.
Key Financial Metrics
The filing text does not provide aggregate revenue, profit, cash flow, margins, debt, or liquidity figures for the reporting period. The only specific financial data disclosed relates to a single vessel charter agreement:
- Vessel: Navios Joy (Capesize newbuilding)
- Charter Rate (Initial): $19,000 net per day ($20,000 gross)
- Charter Duration: 3 years
- Extension Options: Two optional years at $22,325 net per day (Year 4) and $25,650 net per day (Year 5)
Material Changes
The material change reported is the successful chartering of the Navios Joy, announced via press release on September 3, 2013. This represents a new revenue stream for the partnership. No comparative financial data versus prior periods is included in this specific filing.
Guidance, Outlook, and Risks
The filing incorporates a press release containing quotes from the Chairman and Chief Executive Officer, though the specific text of these quotes is not reproduced in the body of this Form 6-K. The filing notes that the information is incorporated by reference into the Registration Statement on Form F-3 (File No. 333-170284). No specific risks, contingencies, or unusual items are detailed in the text provided.
Investor Verification Checklist
- Verify the full text of the September 3, 2013 press release (Exhibit 99.1) for management commentary and quotes.
- Confirm the delivery date of the Navios Joy to ensure the start of the revenue stream.
- Review the Registration Statement on Form F-3 (File No. 333-170284) for broader context on the company's capital structure and liquidity.
- Check subsequent filings for the actual financial impact of this charter on quarterly results.