Navios Maritime Holdings Inc. Announces Delivery of Two Panamax Vessels

Monaco, September 11, 2012

Navios Maritime Holdings Inc. ("Navios Holdings") (NYSE: NM), a global, vertically integrated seaborne shipping and logistics company, announced today that two Panamax vessels were delivered to Navios Holdings' owned fleet.

The Navios Galileo, a 2006-built Panamax vessel of 76,596 dwt, was delivered to Navios Holdings' owned fleet on August 26, 2013. The vessel is chartered-out for approximately six months at a rate of $8,835 net per day.

The Navios Amitie, a 2005-built Panamax vessel of 75,395 dwt, was delivered to Navios Holdings' owned fleet on September 10, 2013. The vessel is chartered-out for approximately six months at a rate of $9,263 net per day.

Fleet Update
Following the delivery of the Navios Galileo and the Navios Amitie, Navios Holdings has 50 vessels in the water.

Navios Holdings has contracted 90.3% and 27.7% of its available days on a charter-out basis for 2013 and 2014, respectively.

About Navios Maritime Holdings Inc.
Navios Maritime Holdings Inc. (NYSE: NM) is a global, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain. For more information about Navios Holdings please visit our website: www.navios.com.

Navios Maritime Holdings Inc. press release