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REMINDER - Leading Shipping Companies Presenting at Capital Link’s 16th Annual New York Maritime Forum October 15, 2024, in New York City
October 08 2024 - 12:58PM
Senior executives from leading shipping companies will participate on panels at Capital Link’s 16th Annual New York Maritime Forum, taking place on Tuesday, October 15, 2024, at the Metropolitan Club in New York City. The event is organized in partnership with DNB, and in cooperation with Nasdaq and NYSE.
Registration is complimentary for institutional investors and shipping companies.
FORUM OVERVIEW AND STRUCTURE
The New York Maritime Forum (NYMF) is both an investment and an industry conference that provides a platform for investors, financiers, cargo owners and shipowners to discuss the latest developments in the global shipping, energy and commodity markets, as well as in the financial and capital markets. Also, to address critical topics of the industry such as regulation, technology, innovation and more.
The Forum features a series of panel discussions as well as 1x1 meetings between investors and executives from shipping companies.
This event is known for its large attendance by investors, owners and financiers. It is a meeting place for C-level Executives from the industry and the finance and investment communities involved with shipping. This one-day conference is known for its rich informational content and the extensive marketing, networking and business development opportunities.
1x1 MEETINGS FOR INSTITUTIONAL INVESTORS
1x1 meetings between shipping companies and institutional investors only. Please send all requests to ir@capitallink.com
LUNCHEON KEYNOTE SPEAKERS
H.E. Geoffrey R. Pyatt , Assistant Secretary, Bureau of Energy Resources - U.S. Department of State
Dr. Ricaurte Vásquez Morales, Administrator - Panama Canal
REGISTRATION
Registration is complimentary for institutional investors and shipping companies. To register please go to the link below:
https://forums.capitallink.com/shipping/2024NYmaritime/
PRESENTATIONS AND PANEL DISCUSSIONS
SHIPPING SECTOR PANELS:
LNG Shipping Sector
Jones Act
Dry Bulk Shipping Sector
Tanker Shipping Sector
Analyst Panel
INDUSTRY TOPICS:
Global Supply Chain– Shipping & Geopolitics
Navigating the Waves of the Blue Economy
Ship Finance – Latest Trends & Developments
Capital Markets and M&A
Shipping - Investor’s Perspective
PARTICIPATING MARITIME COMPANIES
Ardmore Shipping Corp. (NYSE: ASC)
Atlas Maritime Ltd.
Columbia Shipmanagement Ltd.
Cool Company Ltd. (NYSE: CLCO)
d'Amico International Shipping S.A. (OTCQX: DMCOF)
Dorian LPG Ltd. (NYSE: LPG)
EuroDry Ltd. (NASDAQ: EDRY)
Euroseas Ltd.
Flex LNG Ltd. (NYSE: FLNG)
International Seaways, Inc.
Navigator Gas (NYSE: NVGS)
Navios Maritime Partners L.P. (NYSE: NMM)
NSB Group
Overseas Shipholding Group, Inc.
Pangaea Logistics Solutions Ltd. (NASDAQ: PANL)
Pyxis Tankers, Inc.
Ridgebury Tankers Ltd.
Scorpio Tankers Inc. (NYSE: STNG)
SFL Corporation Ltd. (NYSE: SFL)
Star Bulk Carriers Corp. (NASDAQ: SBLK)
SwissMarine
Wallenius Wilhelmsen ASA
TARGET AUDIENCE
The audience will include the senior executives of global shipping, energy and commodity companies listed on US exchanges, commercial and investment bankers, institutional investors and financial advisors as well as a broader spectrum of industry participants such as shipping and liner companies, container leasing companies and operators, ship managers, ship brokers, ship agents, ship charterers, port terminal operators, port security, naval architects and engineers, classification societies, marine insurers and underwriters, marine arbitrators, maritime lawyers, marine mediators, marine advisors and consultants, maritime technology and marine educators.
SPONSORS
ORGANIZED IN PARTNERSHIP WITH: DNB
IN COOPERATION WITH: New York Stock Exchange • NASDAQ
GLOBAL GOLD SPONSORS: Columbia Shipmanagement • DNV
GLOBAL SPONSORS: ABS • First Citizens Bank • NSB Group • Reed Smith • Seward & Kissel LLP • Watson Farley & Williams
SPONSORS: Atlas Maritime • Blank Rome LLP • Vedder Price
SUPPORTING SPONSORS: Ardmore Shipping • Cool Company Ltd. • d’Amico International Shipping S.A. • Dorian LPG LTd. • EuroDry Ltd. • Euroseas Ltd. • Flott & Co. • GENCO Shipping and Trading Ltd. • Ifchor Galbraiths • Navigator Gas • Navios Maritime Partners L.P. • Pyxis Tankers, Inc. • Scorpio Tankers Inc. • Star Bulk Carriers Corp.
BREAKFAST SPONSOR: CASTOR • TORO
SPEAKER COCKTAIL RECEPTION: DNB
CHARITY PARTNER: Seamen’s Church Institute
SUPPORTING ORGANIZATIONS: NYMAR • Port Authority Ny NJ • SEA-LNG • The International Propeller Club on the United States • WLPGA – World LPG Association
MEDIA PARTNERS: Athens Macedonian News Agency • Actualidad Maritima y Portuaria • All About Shipping Co.Uk • Japan Maritime Daily • Marine Circle • The Maritime Executive • Robban Assafina • Ship Management International • World Oils • Xinde Marine News
FOR MORE INFORMATION
Please visit: https://forums.capitallink.com/shipping/2024NYmaritime/agenda.html
Or, contact Nicolas Bornozis or Anny Zhu at forum@CapitalLink.com or + 1 212 661 7566
ORGANIZER – CAPITAL LINK, INC.
Founded in 1995, Capital Link is a New York based investor relations, financial communications and advisory firm with a strategic focus on the maritime, commodities and energy sectors, MLPs, as well as Closed-End Funds and ETFs. In addition, Capital Link organizes a series of investment conferences a year in key industry centers in the United States, Europe and Asia, all of which are known for combining rich educational and informational content with unique marketing and networking opportunities. Capital Link is a member of the Baltic Exchange. Based in New York City, Capital Link has presence in London, Athens & Oslo.
I have a small position right now.
Those who have been following this for a while, should i buy ?
Perhaps NM is better after the rise of NMM
See these data, P/E P/B the stock must rise strongly with such data.
https://finance.yahoo.com/quote/NMM/key-statistics?p=NMM
It's a mystery how the market did not discover this bargain
The company issued daily reports, earning and trading at a ridiculous price. Doubling at least within half a year.
Been s/h here for long time. Anyone have any idea where this is going price wise? Thanks
nmm strong buy tradeing under 1.00 company buying back 50million in shares 8%percent dividend
NMM announces $50 million repurchase plan -
Navios Maritime Partners L.P. Announces $50.0 Million Unit Repurchase ProgramFont size: A | A | A
9:00 AM ET 1/7/19 | GlobeNewswire
Navios Maritime Partners L.P. Announces $50.0 Million Unit Repurchase Program
MONACO, Jan. 07, 2019 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM) announced today that its Board of Directors has authorized a unit repurchase program for up to $50.0 million of the Company's common units over a two-year period. Unit repurchases will be made from time to time for cash in open market transactions at prevailing market prices or in privately negotiated transactions. The timing and amount of repurchases under the program will be determined by Navios Partners' management based upon market conditions and other factors. Repurchases may be made pursuant to a program adopted under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. The program does not require any minimum repurchase or any specific number of units of common equity and may be suspended or reinstated at any time in the Company's discretion and without notice. The Board of Directors will review the program periodically. Repurchases will be subject to restrictions under the Company's credit facilities.
About Navios Maritime Partners L.P.
Navios Partners (NYSE:NMM) is a publicly traded master limited partnership which owns and operates dry cargo vessels. For more information, please visit our website at www.navios-mlp.com.
Forward-Looking Statements
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events including Navios Partners' expected cash flow generation, future contracted revenues, future distributions and its ability to have a dividend going forward, opportunities to reinvest cash accretively in a fleet renewal program or otherwise, potential capital gains, our ability to take advantage of dislocation in the market and Navios Partners' growth strategy and measures to implement such strategy; including expected vessel acquisitions and entering into further time charters. Words such as "may", "expects", "intends", "plans", "believes", "anticipates", "hopes", "estimates", and variations of such words and similar expressions are intended to identify forward-looking statements. Such statements include comments regarding expected revenue and time charters. These forward-looking statements are based on the information available to, and the expectations and assumptions deemed reasonable by Navios Partners at the time these statements were made. Although Navios Partners believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of Navios Partners. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainty relating to global trade, including prices of seaborne commodities and continuing issues related to seaborne volume and ton miles, our continued ability to enter into long- term time charters, our ability to maximize the use of our vessels, expected demand in the dry cargo shipping sector in general and the demand for our Panamax, Capesize, UltraHandymax and Container vessels in particular, fluctuations in charter rates for dry cargo carriers and container vessels, the aging of our fleet and resultant increases in operations costs, the loss of any customer or charter or vessel, the financial condition of our customers, changes in the availability and costs of funding due to conditions in the bank market, capital markets and other factors, increases in costs and expenses, including but not limited to: crew, insurance, provisions, port expenses, lube oil, bunkers, repairs, maintenance and general and administrative expenses, the expected cost of, and our ability to comply with, governmental regulations and maritime self-regulatory organization standards, as well as standard regulations imposed by our charterers applicable to our business, general domestic and international political conditions, competitive factors in the market in which Navios Partners operates; risks associated with operations outside the United States; and other factors listed from time to time in Navios Partners' filings with the Securities and Exchange Commission, including its Forms 20-F and Forms 6-K. Navios Partners expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward looking statements contained herein to reflect any change in Navios Partners' expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Navios Partners makes no prediction or statement about the performance of its common units.
Public & Investor Relations Contact:
Navios Maritime Partners L.P.
+1.212.906.8645
Investors@navios-mlp.com
Nicolas Bornozis
Capital Link, Inc.
+1.212.661.7566
naviospartners@capitallink.com
> Dow Jones Newswires
January 07, 2019 09:00 ET (14:00 GMT)
Zacks ranks NMM strong buy:
https://finance.yahoo.com/news/value-investors-buy-navios-maritime-141002103.html
Seems a bit odd that NMM's share price has been cut by 60+% in recent months. All apparently owing to the potential of loaning money to NM. That is an obvious risk to future dividends, but I don't think the current pps reflects value or risk.
NMM currently trading at less than 25% of book value and a annualized dividend of 7%. The biggest risk is debt due in 2020, which seems easily managed with the container sales and/or negotiating new loans.
This one seems like easy money from here. Any one have any other details?
According to the latest financials, NMM has a book value of ~$4.50 per share. It's making money and on track to grow revenues. As the container ships are sold, it seems that debt could be paid off, other assets purchased, distributed to unit holders, or some combination.
My assumption is the pps is down due to parent NM. Any one have any insights?
jelliis - the numbers appear to be good for NMM. If the containers are moved into the spinoff, the transaction should be net positive with the associated debt moved off NMM's books along with the sale actually being profitable. There is a large amount of debt coming due in 2020, which is a concern. Looking for that to be restructured. All in I don't see bankruptcy in the cards.
My guess is the pps is going down due to the risks associated with NM, which is a mess.
Just keeps going lower and lower. What’s the possibility of bankruptcy?
Anybody !
6 months after posting that,well I didn't see that response coming! LOL
From what I read, their debt to earnings ratio is somewhat far off.
Should be 3.0x but is only 0.55x.
Strange that NMM is down the percentage they are after reporting that dividends are starting back up and they received an increase in their credit rating. ?
My guess is the pps is going down in conjunction with the BDI, which has been drifting down for a couple of weeks. The chart pattern has a nice stair step going up though. South American grain season is starting and should push prices back up and the general cycle should continue to improve going into the fall.
I'd like to think they heard me..... But then who am I kidding....
This time it's nice to be proven wrong.....
Dividend to be paid out in May.....
Hopefully after they actually pay out, the price will rise.
GLTA
I have been skeptical there would be a resumption of dividends before 2019. Wonder what the $35 million will be used for? My guess is dry bulk ships.
Does anybody know the role of this stock with Navios?
Navios Maritime Acquisition Corp NNA:NYSE
They pay a great dividend... can't find anything on them.
$JPM $NMM - says its downgrade is based primarily on valuation, as the company enjoys positives such as low leverage, relatively higher charter coverage, low cost basis and diversification into the containership sector through long-term charters.
I think the entire sector get a bounce very soom
The short answer is yes. Shipping is in a recovery and growth period.
"The pickup in global growth anticipated in the April World Economic Outlook remains on track, with global output projected to grow by 3.5 percent in 2017 and 3.6 percent in 2018."
http://www.imf.org/en/Publications/WEO/Issues/2017/07/07/world-economic-outlook-update-july-2017
Capesize and Panamax fleets are growing at slightly over 1% at the same time demand for shipping is increasing. Demand is catching up with the supply of ships and other factors will begin to kick in that will slow the supply side of the equation. Ship age isn't a factor today. However, low sulfur fuels and ballast water treatment systems are. These regulations will begin to have an effect and ships will either be scrapped or sidelined for upgrades. Either way supply becomes constrained and rates will move up.
Holding NMM.
SB?
You think the global shipping market will ever pick back up to decent levels to warrant this getting more earnings?
Holding this and SB
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Company Profile: Navios Maritime Partners L.P. owns and operates dry cargo vessels in Europe, Asia, North America, and Australia.
It provides seaborne transportation services for a range of dry cargo commodities that include iron ore, coal, grain, and fertilizers, as well
as charters its vessels under medium to long-term charters. The company's fleet comprises 12 Panamax vessels, 8 Capesize vessels,
3 Ultra-Handymax vessels, and 8 container vessels. Navios GP L.L.C. serves as the general partner of Navios Maritime Partners L.P.
The company was founded in 2007 and is based in Monaco.
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