Navios Maritime Partners L.P. Announces Long-Term Charter

Navios Maritime Partners L.P. ("Navios Partners")

, an international owner and operator of drybulk and container vessels, announced today that the Navios Fantastiks, a 2005-built Capesize vessel, has been chartered out for a period of 16-20 months at a rate of $12,825 net per day to a high quality counterparty. The charter will commence in July. Effective June 3, 2015, the Navios Fantastiks was chartered out to Navios Holdings for a ten-month period at a rate of $12,500 net per day with a 50% profit sharing based on actual results. At the termination of the initial charter to Navios Holdings (April 2016), the Navios Fantastiks will be redelivered to Navios Partners subject to this new charter to a third party at the rate of $12,825 net per day. The remaining period of the charter will then be 6-10 months, terminating no earlier than October 2016.