Global Value Investing

[throwerw]

NMM Navios Maritime Partners L.P.

I think we discussed this one before.

"Long-Term and Insured Cash Flow Navios Partners has entered into medium to long-term time charter-out agreements for its vessels with a remaining average term of 4.2 years, providing a stable base of revenue and distributable cash flow. Navios Partners has currently contracted out 98.1% of available days for 2011, 91.0% for 2012 and 78.0% for 2013, generating revenues of approximately $187.1 million, $187.9 million and $158.5 million, respectively. The average contractual daily charter-out rate for the fleet is $30,282, $31,340 and $32,732 for 2011, 2012 and 2013, respectively. The average daily charter-in rate for the active long-term charter-in vessels is $13,513 for 2011."

Yielding over 15%, should bounce back pretty quick