Navios Maritime Partners L.P.

Overview

Navios Maritime Partners L.P. is an international shipping company that owns and operates vessels transporting dry-bulk commodities, petroleum and other liquid cargoes, and containerized goods. Its fleet includes dry-bulk carriers, tankers and containerships, serving seaborne trade routes worldwide, including routes connecting the Far East with Europe, the Americas and Africa. The company identifies itself as a global shipping brand and a trusted partner to industry stakeholders.[1]+3

The company reported FY2025 revenue of $1,344.1 million. Its fleet page, updated 12 August 2026, lists 176 vessels with a combined 17.1 million deadweight tons and 282,513 TEU of container capacity.[5][6] [1]+5

Products & services

Navios Maritime Partners L.P.’s maritime transportation offerings cover dry-bulk cargo, crude oil and refined petroleum products, and containerized goods. Its dry-bulk vessel classes include Capesize, Kamsarmax, Panamax and Ultra-Handymax ships: Capesize vessels primarily carry iron ore and coal, while the smaller classes carry coal, grain and other bulk commodities. Its tanker fleet includes VLCCs for crude oil and product tankers for refined products such as naphtha, gasoline, kerosene, jet fuel and gasoil.[2]

Container services use feeder vessels to move containers from smaller ports to transshipment hubs, baby Panamax ships for intra-ocean and longer-distance trades, and Neo-Panamax ships on long-haul routes. Examples in the vessel schedules show capacities of about 58,000–61,000 DWT for Ultra-Handymax bulkers, 81,000–85,000 DWT for Kamsarmax vessels, and 169,000–182,000 DWT for Capesize vessels; listed containerships range from roughly 2,546 to 10,000 TEU. Tanker examples range from about 38,000–51,000 DWT for MR product tankers to about 297,000–309,000 DWT for VLCCs.[2]+5

Vessels are employed under time charters as well as through exposure to market or spot re-chartering when contracts expire. The cited materials do not provide revenue or earnings percentages by cargo or vessel category.[12][13] [2]+7

Geographic presence

Navios Maritime Partners L.P. operates primarily from Piraeus, Greece, where its principal executive offices are located. It is organized under the laws of the Marshall Islands and has a registered address in Majuro.[14][15]

Its vessels operate worldwide, and the company specifically notes that many regularly call at ports in China; it does not identify routine routes or quantify China-related revenue or fleet exposure.[6][16] The company reports one operating segment and does not provide revenue by country or region; the available filing also does not give an employee or crew distribution by geography.[17] [14]+5

Business segments

Navios Maritime Partners L.P. reports one operating and reportable segment. Management evaluates the business on a consolidated basis and does not distinguish financial results by vessel type, so dry bulk, containerships and tankers are operating fleet categories rather than separately reported financial segments.[17]

The fleet categories have distinct cargo focuses: dry-bulk vessels carry commodities such as iron ore, coal and grain; containerships transport containerized cargo; and tankers carry crude oil and refined petroleum products.[2]

For the six months ended June 30, 2026, the company reported 66 dry-bulk vessels, 50 containerships and 60 tankers. By vessel count—176 vessels in total—this equates to approximately 37.5% dry bulk, 28.4% containerships and 34.1% tankers. These are fleet-mix estimates, not revenue or profit contributions; the company does not allocate those financial results by vessel type, and the tanker count includes vessels under construction.[18] [17]+2

Company history

Navios Maritime Partners L.P. was formed under Marshall Islands law on August 7, 2007, with Angeliki Frangou as chairwoman and chief executive officer from its inception. Its 2007 initial public offering established the partnership as a public company; in connection with the offering, it acquired five subsidiaries, each owning a Panamax dry-bulk vessel.[19]+3

In 2021, the partnership expanded beyond dry-bulk shipping through two mergers: Navios Maritime Containers became a wholly owned subsidiary on March 31, followed by Navios Maritime Acquisition on October 15. In 2022, it further expanded its dry-bulk operations by acquiring Navios Holdings’ 36-vessel fleet in two closings, on July 29 and September 8.[23]+2 [20]+6

Sources

• Navios Maritime Partners L.P. — Full financial report (2025 Y)
  15 citations

  [1][2][3][7][8][9][10][11][12][13][14][15][16][17][20]
• www.navios-mlp.com[4]
• ir.navios-mlp.com[5]
• www.navios-mlp.com[6]
• ir.navios-mlp.com[18]
• www.sec.gov[19]
• content.edgar-online.com[21]
• www.sec.gov[22]
• www.sec.gov[23]
• www.sec.gov[24]
• www.sec.gov[25]