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The Nave Quasar, a 2010-built VLCC of 297,376 dwt has been chartered out to a high quality counterparty for one year at a base rate of $20,475 (net) per day plus 50% profit sharing in excess of $24,375 (net) per day. The charterer has been granted an option for an additional year at a base rate of $25,350 (net) per day plus 50% profit sharing in excess of $29,250 (net) per day. The Nave Buena Suerte, a 2011-built VLCC of 297,491 dwt, has been chartered out to a high quality counter party for minimum one year at a rate based on charterer's VLCC pool earnings. Fleet Update Navios Acquisition has contracted 83.9% and 44.2% of its available days on a charter-out basis for 2014 and 2015, respectively. The average charter-out period of Navios Acquisition's fleet is 2.0 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 |