Company Profile


Navios Maritime Acquisition Corporation(NNA:NYSE)

Navios Maritime Acquisition Corporation (NYSE:NNA)

Stock data as of
3.76


Last: 3.21
Change: 3.76(1618320600%)
Vol: 415400
Open: Tue April 13, 2021 1:30 PM
Low: 0
High: -0.55
Mkt: 65.84798


About Navios Maritime Acquisition Corporation

Navios Maritime Acquisition Corp. engages in the marine transportation business. The firm owns a fleet of modern crude oil, refined petroleum product and chemical tankers providing marine transportation services around the world. The firm charters its vessels to international oil companies, refiners and vessel operators under long, medium and short-term charters. The firm's fleet includes approximately 38 double-hulled tanker vessels, aggregating approximately four million deadweight tons (dwt). The fleet includes approximately eight very large crude carrier (VLCC) tankers, which transport crude oil, and over eight Long Range 1 (LR1) product tankers; approximately 18 Medium Range 2 (MR2) product tankers, and over four chemical tankers, which transport refined petroleum products and bulk liquid chemicals. Its vessels include Nave Constellation, Nave Universe, Nave Polaris, Nave Cosmos, Nave Velocity, Nave Sextans, Nave Pyxis, Nave Luminosity, Nave Jupiter and Nave Pulsar.

Recent News

Navios Maritime Acquisition Corporation Announces the Date for the Release of Fourth Quarter and Year Ended December 31, 2020 Results, Conference Call and Webcast

Tue, 13 Apr 2021 16:05:00 -0400 - Conference Call & Webcast: Thursday, April 15, 2021 at 8:30 am ET Conference Call & Webcast: Thursday, April 15, 2021 at 8:30 am ET

Navios Maritime Acquisition Corporation Announces Entry Into New Secured Loan Facility

Tue, 13 Apr 2021 08:34:00 -0400 - MONACO, April 13, 2021 (GLOBE NEWSWIRE) -- Navios Maritime Acquisition Corporation (“Navios Acquisition” or the “Borrower”) (NYSE: NNA), an owner and operator of tanker vessels, announced that Navios Acquisition entered into a secured loan agreement with a subsidiary of N Shipmanagement Acquisition Corp. (“Lender”), an entity affiliated with Navios Acquisition's Chairman and Chief Executive Officer, for a loan of up to $100.0 million to be used for general corporate purposes (the “Loan”).

Navios Maritime Acquisition Is Benefiting From Its 7 Containerships

Mon, 22 Feb 2021 22:38:19 -0500 - Navios Maritime Acquisition doesn't just own tankers. The company also owns 7 containerships following the Navios Europe II liquidation in June 2020.

Navios Maritime Acquisition: Dividends Still Risky Even After Massive Cut

Tue, 15 Dec 2020 06:18:14 -0500 - Navios Maritime Acquisition recently reduced their dividends by a massive 83%, thereby leaving their once-very-high yield at a now-moderate yield of a bit under 6%. Sadly, the risks for further reductions persist, firstly due to their very lumpy free cash flow that makes it difficult to count upon any given level of shareholder returns.

Navios Maritime Acquisition Corporation (NNA) CEO Angeliki Frangou on Q3 2020 Results - Earnings Call Transcript

Tue, 01 Dec 2020 13:07:04 -0500 - Navios Maritime Acquisition Corporation (NNA) CEO Angeliki Frangou on Q3 2020 Results - Earnings Call Transcript

Navios Maritime Acquisition Corporation Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2020

Tue, 01 Dec 2020 08:09:00 -0500 - MONACO, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Navios Maritime Acquisition Corporation (“Navios Acquisition”) (NYSE: NNA), an owner and operator of tanker vessels, reported its financial results today for the third quarter and nine months ended September 30, 2020.

Navios Maritime Acquisition Corporation Announces the Date for the Release of Third Quarter 2020 Results, Conference Call and Webcast

Wed, 25 Nov 2020 08:22:00 -0500 - Conference Call & Webcast: Tuesday, December 1, 2020 at 8:30 am ET Conference Call & Webcast: Tuesday, December 1, 2020 at 8:30 am ET

Navios Maritime Acquisition Corporation Announces Delivery of One VLCC

Tue, 03 Nov 2020 07:32:00 -0500 - MONACO, Nov. 03, 2020 (GLOBE NEWSWIRE) -- Navios Maritime Acquisition Corporation (“Navios Acquisition”) (NYSE: NNA), an owner and operator of tanker vessels, announced today that the Baghdad, a new building VLCC of 313,433 dwt under bareboat lease, was delivered on October 28, 2020 from a Japanese shipyard.

Navios Maritime Acquisition: You Might Get That 23% Yield But Don't Count On It

Mon, 17 Aug 2020 21:34:25 -0400 - The microcap oil shipping company Navios Maritime Acquisition has managed to sustain their dividends and thus has a very high yield of 23%.

Navios Maritime Acquisition Corporation (NNA) CEO Angeliki Frangou on Q2 2020 Results - Earnings Call Transcript

Sat, 01 Aug 2020 14:41:05 -0400 - Navios Maritime Acquisition Corporation (NNA) CEO Angeliki Frangou on Q2 2020 Results - Earnings Call Transcript

Source:StockNews