Navios Maritime Acquisition Corp. announces delivery and employment of one VLCC

Monaco - 16 June 2014

Navios Maritime Acquisition Corporation ("Navios Acquisition") (NYSE: NNA), an owner and operator of tanker vessels, announced that the Nave Neutrino, a 2003-built VLCC of 298,287 dwt, was delivered today.

The Company also announced that the Nave Neutrino has been chartered out to a quality counterparty for six months at a rate based on an adjusted BITR TD3 index with an option for an additional six months period.

Fleet Update
Following the delivery of the Nave Neutrino, Navios Acquisition has 37 vessels in the water as follows: 23 product tankers, four chemical tankers and ten VLCCs.

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.

Navios Maritime Acquisition Corporation press release