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Nave Alderamin has been chartered out to a high quality counterparty for six months at a rate of $13,163 net per day plus 50% profit sharing based on a formula. The vessel is expected to generate approximately $1.2 million of aggregate base EBITDA for the period of this charter assuming operating expense approximating current operating costs. Fleet Update Following the delivery of the Nave Alderamin, Navios Acquisition has 30 vessels in the water. Navios Acquisition has contracted 93.6% and 62.8% of its available days on a charter-out basis for 2013 and 2014, respectively. The average charter-out period of Navios Acquisition's fleet is 2.4 years. About Navios Maritime Acquisition Corporation Navios Acquisition (NYSE: NNA) is an owner and operator of tanker vessels focusing in the transportation of petroleum products (clean and dirty) and bulk liquid chemicals. For more information about Navios Acquisition, please visit our website: www.navios-acquisition.com. Source: Navios Maritime Acquisition Corporation |