Navios Maritime Acquisition Corporation Closes the Sale of One Chemical Tanker

Monaco - Nov. 17, 2016

Navios Maritime Acquisition Corporation (“Navios Acquisition”) (NYSE:NNA), an owner and operator of tanker vessels, announced today the closing of the previously announced sale of the Nave Constellation, a 2013-built Chemical Tanker of 45,281 dwt.

The vessel was sold for $36.4 million (net of commissions), of which $16.4 million was used for repayment of indebtedness.

The vessel was acquired in 2013 for $33.6 million.

About Navios Maritime Acquisition Corporation
Navios Acquisition (NYSE: NNA) is an owner and operator of tanker vessels focusing on 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