Navios Maritime Holdings

Navios Maritime Holdings
Navios Maritime Holdings Inc.
Type Public (NASDAQ: BULK)
Industry Shipping
Founded 1992
Headquarters Piraeus, Greece
Key people Robert G. Shaw, President
Michael E. McClure, Chief Financial Officer
Angeliki Frangou, Chairman and Chief Executive Officer
Revenue increase$222.81 Million USD (2005)
Net income increase$45.52 Million USD (2005)
Employees 130 (2005)
Website www.navios.com

Navios Maritime Holdings, Inc. is a public Piraeus, Greece-based maritime shipping company that owns and operates a fleet dry bulk cargo carriers and trades on the NYSE market under the ticker "NM". As of December 31, 2005, Navios' fleet included 10 Ultra-Handymax, and 6 Panamax size ships, all of which it charters out for ocean trade.

The company was initially created through the merge of Nautilus Maritime Holdings, Inc. and a business acquisition company formed by Greek shipping heiress Angeliki Frangou with capital raised through an IPO.


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