Navios Maritime Partners delivered robust second-quarter results, reporting revenues of $327.6 million and a net income of $69.9 million, driven by a strong shipping market amid evolving global trade patterns.

• Achieved EBITDA of $178.2 million, reflecting operational efficiency in a robust market environment.
• Generated $96 million in gross sales from three vessel disposals while investing $133 million in two new Aframax LR2 tankers.
• Maintained a net loan-to-value ratio of 35.3%, consistent with previous quarters, emphasizing financial stability and a focus on deleveraging.
• Contracted revenue for the remaining six months exceeds estimated cash expenses by $56 million, with 75% of available days fixed at a net average rate of $24,989 per day.
• Implemented proactive measures in response to sanctions, successfully redeploying vessels into a healthy spot market.