Profile: Navios Maritime Holdings Inc (NM)
1 Jul 2016
Navios Maritime Holdings Inc. (Navios Holdings), incorporated on November 19, 2002, is a global, vertically integrated seaborne shipping and logistics company. The Company is focused on the transport and transshipment of dry bulk commodities, including iron ore, coal and grain. The Company operates through two segments: the Dry bulk Vessel Operations and the Logistics Business. The Dry bulk Vessel Operations segment consists of the transportation and handling of bulk cargoes through the ownership, operation and trading of vessels, freight and forward freight agreements (FFAs). The Logistics Business segment consists of port terminal business, barge business and cabotage business in the Hidrovia region of South America. Navios Holdings also offers commercial and technical management services to the fleets of Navios Maritime Partners L.P. (Navios Partners), Navios Maritime Acquisition Corporation (Navios Acquisition), Navios Maritime Midstream Partners L.P. (Navios Midstream), Navios Europe Inc. (Navios Europe I) and Navios Europe (II) Inc. (Navios Europe II).
The Company's core fleet (excluding the Navios South American Logistics Inc. (Navios Logistics) fleet) consists of a total of approximately 60 vessels, aggregating approximately 6.3 million deadweight ton (dwt). Navios Holdings owns over 10 Capesize vessels (169,000-182,000 dwt), approximately 10 modern Ultra Handymax vessels (50,000-59,000 dwt), over 10 Panamax vessels (74,000-85,000 dwt) and a Handysize vessel. It also time charters-in and operates a fleet of over four Ultra Handymax, a Handysize, approximately nine Panamax and over seven Capesize vessels under long-term time charters.
Dry bulk Vessel Operations
Navios Holdings generally charters its vessels to trading houses, including commodities traders, producers and government-owned entities. The Company's customers under charter parties, contracts of affreightment (COAs) and its counterparties under FFAs include national, regional and international companies.
Logistics Business Operations
Navios Logistics is a logistics company in the Hidrovia region of South America, focusing on the Hidrovia river system and on cabotage trades along the eastern coast of South America. Navios Logistics is focused on providing its customers integrated transportation, storage and related services through its port facilities, its fleet of dry and liquid cargo barges, and its product tankers.
The Company competes with China Ocean Shipping, China Shipping Group, Mitsui O.S.K. Lines, Kawasaki Kisen, Nippon Yusen Kaisha, Cargill, Pacific Basin Shipping, Bocimar, Zodiac Maritime, Louis Dreyfus/Cetragpa, Cobelfret, Torvald Klaveness, Swiss Marine, Montevideo Port, Ontur, TGU, Petropar, Copetrol, Petrobras, Ultrapetrol Bahamas Ltd. and Fluviomar.
Navios Maritime Holdings Inc
Office 11b2, 7 Avenue de Grande