Navios Maritime Acquisition Corporation(NNA:NYSE)
Navios Maritime Acquisition Corporation (NYSE:NNA)
Stock data as of
Open: Tue April 13, 2021 1:30 PM
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.
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: 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 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.