Navios Maritime Acquisition Corporation Announces Delivery of One VLCC

Monaco - 10 March 2014

Navios Maritime Acquisition Corporation ("Navios Acquisition") (NYSE: NNA), an owner and operator of tanker vessels, announced that the Nave Buena Suerte, a 2011-built VLCC of 297,491 dwt, was delivered today. The Nave Buena Suerte, one of the three VLCCs acquired in November 2013, was purchased for $57.0 million.

The Nave Buena Suerte 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
Following the delivery of the Nave Buena Suerte, Navios Acquisition has 36 vessels in the water.

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