Fleet

Navios Partners operates 188 vessels with a carrying capacity of 16.5 million dwt, including 251,822 teu. The fleet has an average age of 9.6 years on a dwt and fully delivered fleet basis.

NMM Drybulk Fleet – Ultra-Handymax NMM Drybulk Fleet - Panamax NMM Drybulk Fleet - Capesize Bareboat Charter-in Vessels Bareboat Charter-in Vessels to be Delivered Owned Vessels to be Delivered Owned Vessels* Long-term Chartered-in Fleet in Operation* Bareboat-in Fleet* Containerships Containerships to be Delivered NMM Fleet - Chemical, MR1 Product Tankers NMM Fleet - Chemical, MR2 Product Tankers NMM Fleet - LR1 Product Tankers NMM Fleet - Aframax LR2 NMM Fleet - VLCC's Bareboat Charter-in Vessels

NMM Drybulk Fleet – Ultra-Handymax

Vessel Name	Vessel Type	Built	DWT	Charter Rate ($)¹	Profit Share²	Expiration Date³

Navios Amaryllis Vessel Name	Ultra-Handymax Ultra-Handymax	2008 Built	58,735 DWT	28,575 Charter Rate ($)¹	Profit Share²	Sept 2022 Expiration Date³
Navios Christine B Vessel Name	Ultra-Handymax Ultra-Handymax	2009 Built	58,058 DWT	16,150 Charter Rate ($)¹	Profit Share²	Sept 2022 Expiration Date³
Serenitas N Vessel Name	Ultra-Handymax Ultra-Handymax	2011 Built	56,644 DWT	- Charter Rate ($)¹	99% average BSI 58 10TC Profit Share²	July 2023 Expiration Date³
Navios La Paix Vessel Name	Ultra-Handymax Ultra-Handymax	2014 Built	61,485 DWT	- Charter Rate ($)¹	111% avg. BSI 58 10TC Profit Share²	April 2023 Expiration Date³
Total - 4 Vessels			234,922

NMM Drybulk Fleet - Panamax

Vessel Name	Vessel Type	Built	DWT	Charter Rate ($)¹	Profit Share²	Expiration Date³

Navios Hyperion Vessel Name	Panamax Panamax	2004 Built	75,707 DWT	19,000 Charter Rate ($)¹	- Profit Share²	Nov 2023 Expiration Date³
Navios Anthos Vessel Name	Panamax Panamax	2004 Built	75,798 DWT	26,410 Charter Rate ($)¹	- Profit Share²	Nov 2022 Expiration Date³
Navios Alegria Vessel Name	Panamax Panamax	2004 Built	76,466 DWT	- Charter Rate ($)¹	99.5% average BPI 4TC Profit Share²	July 2022 Expiration Date³
Navios Orbiter Vessel Name	Panamax Panamax	2004 Built	76,602 DWT	13,538 Charter Rate ($)¹	- Profit Share²	Aug 2022 Expiration Date³
Navios Hope Vessel Name	Panamax Panamax	2005 Built	75,397 DWT	- Charter Rate ($)¹	100% average BPI 4TC Profit Share²	March 2023 Expiration Date³
Navios Sun Vessel Name	Panamax Panamax	2005 Built	76,619 DWT	- Charter Rate ($)¹	100% average BPI 4TC Profit Share²	Jan 2023 Expiration Date³
Navios Helios Vessel Name	Panamax Panamax	2005 Built	77,075 DWT	- Charter Rate ($)¹	100% average BPI 4TC Profit Share²	Oct 2022 Expiration Date³
Navios Apollon I Vessel Name	Panamax Panamax	2005 Built	87,052 DWT	- Charter Rate ($)¹	105% average BPI 4TC Profit Share²	Nov 2022 Expiration Date³
Navios Symmetry Vessel Name	Panamax Panamax	2006 Built	74,381 DWT	16,150 Charter Rate ($)¹	- Profit Share²	July 2022 Expiration Date³
Navios Sagittarius⁴ Vessel Name	Panamax Panamax	2006 Built	75,756 DWT	18,050 Charter Rate ($)¹	- Profit Share²	July 2022 Expiration Date³
Navios Harmony Vessel Name	Panamax Panamax	2006 Built	82,790 DWT	12,350 Charter Rate ($)¹	- Profit Share²	Aug 2022 Expiration Date³
Navios Libertas Vessel Name	Panamax Panamax	2007 Built	75,511 DWT	Spot Charter Rate ($)¹	- Profit Share²	Aug 2022 Expiration Date³
Navios Prosperity I Vessel Name	Panamax Panamax	2007 Built	75,527 DWT	Spot Charter Rate ($)¹	Profit Share²	Aug 2022 Expiration Date³
Navios Camelia Vessel Name	Panamax Panamax	2009 Built	75,162 DWT	15,818 Charter Rate ($)¹	- Profit Share²	Aug 2022 Expiration Date³
Copernicus N Vessel Name	Panamax Panamax	2010 Built	93,062 DWT	- Charter Rate ($)¹	108% average BPI 4TC Profit Share²	Aug 2022 Expiration Date³
Unity N Vessel Name	Panamax Panamax	2011 Built	79, 642 DWT	- Charter Rate ($)¹	100% average BPI 4TC Profit Share²	Feb 2023 Expiration Date³
Odysseus N Vessel Name	Panamax Panamax	2011 Built	79,642 DWT	Spot Charter Rate ($)¹	- Profit Share²	July 2022 Expiration Date³
Navios Avior Vessel Name	Panamax Panamax	2012 Built	81,355 DWT	- Charter Rate ($)¹	100% average BPI 82 Profit Share²	Feb 2023 Expiration Date³
Navios Centaurus Vessel Name	Panamax Panamax	2012 Built	81,472 DWT	17,575 Charter Rate ($)¹	- Profit Share²	Sept 2022 Expiration Date³
Navios Victory Vessel Name	Panamax Panamax	2014 Built	77,095 DWT	- Charter Rate ($)¹	106.75% average BPI 4TC Profit Share²	Oct 2023 Expiration Date³
Navios Sphera Vessel Name	Panamax Panamax	2016 Built	84,872 DWT	- Charter Rate ($)¹	108% average BPI 82 Profit Share²	Feb 2023 Expiration Date³
Navios Primavera⁷ Vessel Name	Panamax Panamax	2022 Built	82,003 DWT	- Charter Rate ($)¹	112% BPI 82 Profit Share²	Sept 2023 Expiration Date³
Total - 22 Vessels			1,738,986

NMM Drybulk Fleet - Capesize

Vessel Name	Vessel Type	Built	DWT	Charter Rate ($)¹	Profit Share²	Expiration Date³

Navios Beaufiks⁵ Vessel Name	Capesize Capesize	2004 Built	180,310 DWT	22,563 Charter Rate ($)¹	- Profit Share²	Sept 2023 Expiration Date³
Navios Fantastiks⁶ Vessel Name	Capesize Capesize	2005 Built	180,265 DWT	21,650 Charter Rate ($)¹	- Profit Share²	March 2023 Expiration Date³
Navios Aurora II Vessel Name	Capesize Capesize	2009 Built	169,031 DWT	- Charter Rate ($)¹	99% average BCI 5TC Profit Share²	April 2023 Expiration Date³
Navios Bonavis⁶ Vessel Name	Capesize Capesize	2009 Built	180,022 DWT	- Charter Rate ($)¹	101.5% average BCI 5TC Profit Share²	March 2023 Expiration Date³
Navios Sol⁷ Vessel Name	Capesize Capesize	2009 Built	180,274 DWT	33,440 Charter Rate ($)¹	- 110% average BCI 5TC Profit Share²	Sept 2022 March 2023 Expiration Date³
Navios Pollux⁶ Vessel Name	Capesize Capesize	2009 Built	180, 727 DWT	- Charter Rate ($)¹	100% of pool earnings Profit Share²	Oct 2022 Expiration Date³
Navios Symphony Vessel Name	Capesize Capesize	2010 Built	178,132 DWT	- Charter Rate ($)¹	97% average BCI 5TC Profit Share²	Dec 2022 Expiration Date³
Navios Melodia Vessel Name	Capesize Capesize	2010 Built	179,132 DWT	- Charter Rate ($)¹	105% average BCI 5TC Profit Share²	Feb 2023 Expiration Date³
Navios Luz Vessel Name	Capesize Capesize	2010 Built	179,144 DWT	- Charter Rate ($)¹	102% average BCI 5TC Profit Share²	May 2023 Expiration Date³
Navios Buena Ventura Vessel Name	Capesize Capesize	2010 Built	179,259 DWT	- Charter Rate ($)¹	100.5% average BCI 5TC Profit Share²	March 2023 Expiration Date³
Navios Fulvia Vessel Name	Capesize Capesize	2010 Built	179,263 DWT	- Charter Rate ($)¹	100% average BCI 5TC Profit Share²	Jan 2023 Expiration Date³
Navios Aster Vessel Name	Capesize Capesize	2010 Built	179,314 DWT	27,731 Charter Rate ($)¹	- Profit Share²	Feb 2023 Expiration Date³
Navios Ace⁸ Vessel Name	Capesize Capesize	2011 Built	179,016 DWT	- Charter Rate ($)¹	107.25% average BCI 5TC Profit Share²	Feb 2023 Expiration Date³
Navios Azimuth Vessel Name	Capesize Capesize	2011 Built	179,169 DWT	- Charter Rate ($)¹	100% average BCI 5TC Profit Share²	Jan 2023 Expiration Date³
Navios Koyo Vessel Name	Capesize Capesize	2011 Built	181,415 DWT	- Charter Rate ($)¹	111% average BCI 5TC Profit Share²	March 2023 Expiration Date³
Navios Ray⁹ Vessel Name	Capesize Capesize	2012 Built	179,515 DWT	- Charter Rate ($)¹	102% average BCI 5TC Profit Share²	Jan 2023 Expiration Date³
Navios Joy Vessel Name	Capesize Capesize	2013 Built	181,389 DWT	Spot Charter Rate ($)¹	- Profit Share²	Nov 2023 Expiration Date³
Navios Gem Vessel Name	Capesize Capesize	2014 Built	181,336 DWT	28,500 Charter Rate ($)¹	- Profit Share²	Jan 2023 Expiration Date³
Navios Mars Vessel Name	Capesize Capesize	2016 Built	181,259 DWT	- Charter Rate ($)¹	126% average BCI 5TC Profit Share²	Oct 2023 Expiration Date³
Total - 19 Vessels			3,407,972

Bareboat Charter-in Vessels

Vessel Name	Vessel Type	Built	DWT	Charter Rate ($)¹	Profit Share²	Expiration Date³

Navios Libra Vessel Name	Panamax Panamax	2019 Built	82,011 DWT	- Charter Rate ($)¹	109.75% average BPI 82 Profit Share²	June 2024 Expiration Date³
Navios Star Vessel Name	Panamax Panamax	2021 Built	81,994 DWT	- Charter Rate ($)¹	110% average BPI 82 Profit Share²	Feb 2024 Expiration Date³
Navios Amitie Vessel Name	Panamax Panamax	2021 Built	82,002 DWT	- Charter Rate ($)¹	110% average BPI 82 Profit Share²	Jan 2024 Expiration Date³
Total - 3 Vessels			246,007

Bareboat Charter-in Vessels to be Delivered

Vessel Name	Vessel Type	Delivery Date	DWT	Charter Rate ($)¹	Profit Share²	Expiration Date³

TBN I Vessel Name	Capesize Capesize	H2 2022 Delivery Date	180,000 DWT	- Charter Rate ($)¹	- Profit Share²	- Expiration Date³
TBN II Vessel Name	Capesize Capesize	H2 2022 Delivery Date	180,000 DWT	- Charter Rate ($)¹	- Profit Share²	- Expiration Date³
TBN III Vessel Name	Capesize Capesize	H2 2022 Delivery Date	180,000 DWT	- Charter Rate ($)¹	- Profit Share²	- Expiration Date³
TBN VI Vessel Name	Capesize Capesize	H1 2023 Delivery Date	180,000 DWT	- Charter Rate ($)¹	- Profit Share²	- Expiration Date³
TBN IV Vessel Name	Capesize Capesize	H1 2023 Delivery Date	180,000 DWT	- Charter Rate ($)¹	- Profit Share²	- Expiration Date³
Total - 5 Vessels			900,000

Total Dry Bulk - 54 Vessels of 6,607,884 DWT

Owned Vessels to be Delivered

Vessel Name	Vessel Type	Delivery Date	DWT	Charter Rate ($)¹	Profit Share²	Expiration Date³

TBN V Vessel Name	Panamax Panamax	H1 2023 Delivery Date	81,000 DWT	- Charter Rate ($)¹	- Profit Share²	- Expiration Date³
Total - 1 Vessels			81,000

Owned Vessels*

Vessel Name	Vessel Type	Year Built	DWT	Charter-out Rate($)ⁱ	Expiration Dateⁱⁱ	Index

Navios Ulysses Vessel Name	Ultra Handymax Ultra Handymax	2007 Year Built	55,728 DWT	28,500 Charter-out Rate($)ⁱ	Sep 2022 Expiration Dateⁱⁱ	- Index
Navios Celestial Vessel Name	Ultra Handymax Ultra Handymax	2009 Year Built	58,063 DWT	35,150 Charter-out Rate($)ⁱ	Jul 2022 Expiration Dateⁱⁱ	- Index
Navios Vega Vessel Name	Ultra Handymax Ultra Handymax	2009 Year Built	58,792 DWT	- Charter-out Rate($)ⁱ	Feb 2023 Expiration Dateⁱⁱ	100% of average Baltic Supramax 58 10TC Index Routes Index
Navios Taurus Vessel Name	Panamax Panamax	2005 Year Built	76,596 DWT	25,840 Charter-out Rate($)ⁱ	Jul 2022 Expiration Dateⁱⁱ	Index
Navios Asteriks Vessel Name	Panamax Panamax	2005 Year Built	76,801 DWT	20,900 Charter-out Rate($)ⁱ	Jun 2022 Expiration Dateⁱⁱ	- Index
N Amalthia Vessel Name	Panamax Panamax	2006 Year Built	75,318 DWT	29,740 - Charter-out Rate($)ⁱ	Jun2022 Dec 2022 Expiration Dateⁱⁱ	- 92% of average Baltic Panamax Index 82 Index
Navios Galileo Vessel Name	Panamax Panamax	2006 Year Built	76,596 DWT	23,750 Charter-out Rate($)ⁱ	May 2022 Expiration Dateⁱⁱ	- Index
N Bonanza Vessel Name	Panamax Panamax	2006 Year Built	76,596 DWT	29,838 - Charter-out Rate($)ⁱ	Jun 2022 Jan 2023 Expiration Dateⁱⁱ	100% of average Baltic Panamax 4TC Index Routes Index
Rainbow N Vessel Name	Panamax Panamax	2011 Year Built	79,642 DWT	- Charter-out Rate($)ⁱ	Oct 2022 Expiration Dateⁱⁱ	101% of average Baltic Panamax 4TC Index Routes Index
Jupiter N Vessel Name	Panamax Panamax	2011 Year Built	93,062 DWT	28,381 - Charter-out Rate($)ⁱ	Jun 2022 Sep 2022 Expiration Dateⁱⁱ	- 108% of average Baltic Panamax 4TC Index Routes Index
Navios Stellar Vessel Name	Capesize Capesize	2009 Year Built	169,001 DWT	- Charter-out Rate($)ⁱ	Feb 2023 Expiration Dateⁱⁱ	95.75% of average Baltic Capesize 5TC Index Routes Index
Navios Happiness Vessel Name	Capesize Capesize	2009 Year Built	180,022 DWT	- 36,281 Charter-out Rate($)ⁱ	Jun 2022 Sep 2022 Expiration Dateⁱⁱ	100.5% average Baltic Capesize 5TC Index Routes - Index
Navios Phoenix Vessel Name	Capesize Capesize	2009 Year Built	180,242 DWT	- 37,862 - Charter-out Rate($)ⁱ	Jun 2022 Sep 2022 Jan 2023 Expiration Dateⁱⁱ	100% of average Baltic Capesize 5TC Index Routes + $2,000 per day - 100% of average Baltic Capesize 5TC Index Routes + $2,000 per day Index
Navios Lumen Vessel Name	Capesize Capesize	2009 Year Built	180,661 DWT	31,920 - Charter-out Rate($)ⁱ	Sep 2022 Dec 2022 Expiration Dateⁱⁱ	- 105% average Baltic Capesize 5TC Index Routes Index
Navios Antares Vessel Name	Capesize Capesize	2010 Year Built	169,059 DWT	- Charter-out Rate($)ⁱ	Feb 2023 Expiration Dateⁱⁱ	95.75% Weighted Average Baltic Capesize 5TC Index Routes Index
Navios Etoile Vessel Name	Capesize Capesize	2010 Year Built	179,234 DWT	- 35,150 - Charter-out Rate($)ⁱ	Jun 2022 Sep 2022 Mar 2023 Expiration Dateⁱⁱ	100% of average Baltic Capesize 5TC Index Routes - 100% of average Baltic Capesize 5TC Index Routes Index
Navios Bonheur Vessel Name	Capesize Capesize	2010 Year Built	179,259 DWT	- Charter-out Rate($)ⁱ	Nov 2022 Expiration Dateⁱⁱ	100.5% of average Baltic Capesize 5TC Index Routes Index
Navios Altamira Vessel Name	Capesize Capesize	2011 Year Built	179,165 DWT	- 36,428 - Charter-out Rate($)ⁱ	Jun 2022 Sep 2022 Feb 2023 Expiration Dateⁱⁱ	100.25% of average Baltic Capesize 5TC Index Routes - 100.25% of average Baltic Capesize 5TC Index Routes Index
Navios Canary Vessel Name	Capesize Capesize	2015 Year Built	180,528 DWT	37,872 - Charter-out Rate($)ⁱ	Sep 2022 Dec 2022 Expiration Dateⁱⁱ	- 119% of average Baltic Capesize 5TC Index Routes Index
Navios Corali Vessel Name	Capesize Capesize	2015 Year Built	181,249 DWT	34,438 - Charter-out Rate($)ⁱ	Sep 2022 Nov 2022 Expiration Dateⁱⁱ	- 100.0% of average Baltic Capesize 4TC Index Routes + $4,370 per day Index
Total - 20 Vessels			2,505,614

Note: Average contracted daily charter-in rate of core fleet for the remaining period of 2022 is estimated at $15,774

* Fleet agreed to be acquired and expected to be delivered

ⁱDaily rate net of commissions.
ⁱⁱEstimated expected redelivery.
ⁱⁱⁱGenerally, Navios Holdings may exercise its purchase option after three to five years of service.

Long-term Chartered-in Fleet in Operation*

Vessel Name	Vessel Type	Year Built	DWT	Charter-out Rate($)ⁱ	Expiration Dateⁱⁱ	Index	Purchase Optionⁱⁱⁱ

Navios Lyra Vessel Name	Handysize Handysize	2012 Year Built	34,718 DWT	23,275 Charter-out Rate($)ⁱ	Oct 2022 Expiration Dateⁱⁱ	- Index	Navios Holdings holds the initial 50% purchase option on the vessel. Purchase Optionⁱⁱⁱ
Navios Venus Vessel Name	Ultra Handymax Ultra Handymax	2015 Year Built	61,339 DWT	30,400 Charter-out Rate($)ⁱ	Aug 2022 Expiration Dateⁱⁱ	- Index	Yes Purchase Optionⁱⁱⁱ
Navios Amber Vessel Name	Panamax Panamax	2015 Year Built	80,994 DWT	28,624 - Charter-out Rate($)ⁱ	Jun 2022 Jan 2023 Expiration Dateⁱⁱ	- 115% of average Baltic Panamax 4TC Index Routes Index	Yes Purchase Optionⁱⁱⁱ
Navios Sky Vessel Name	Panamax Panamax	2015 Year Built	82,056 DWT	- Charter-out Rate($)ⁱ	Jun 2022 Expiration Dateⁱⁱ	105% of average Baltic Panamax 82 Index Routes Index	Yes Purchase Optionⁱⁱⁱ
Navios Coral Vessel Name	Panamax Panamax	2016 Year Built	84,904 DWT	28,000 - Charter-out Rate($)ⁱ	Jun 2022 Nov 2022 Expiration Dateⁱⁱ	- 108% of average Baltic Panamax 82 Index Routes Index	Yes Purchase Optionⁱⁱⁱ
Navios Citrine Vessel Name	Panamax Panamax	2017 Year Built	81,626 DWT	29,265 34,538 - Charter-out Rate($)ⁱ	Jun 2022 Sep 2022 Feb 2023 Expiration Dateⁱⁱ	- - 122% of average Baltic Panamax 4TC Index Routes Index	Yes Purchase Optionⁱⁱⁱ
Navios Dolphin Vessel Name	Panamax Panamax	2017 Year Built	81,630 DWT	26,657 - Charter-out Rate($)ⁱ	Jun 2022 Dec 2022 Expiration Dateⁱⁱ	- 122% of average Baltic Panamax 4TC Index Routes Index	Yes Purchase Optionⁱⁱⁱ
Navios Gemini Vessel Name	Panamax Panamax	2018 Year Built	81,704 DWT	29,838 Charter-out Rate($)ⁱ	Dec 2022 Expiration Dateⁱⁱ	- Index	Navios Holdings has the right of first refusal and profit sharing on sale of vessel. Purchase Optionⁱⁱⁱ
Navios Horizon I Vessel Name	Panamax Panamax	2019 Year Built	81,692 DWT	29,583 - Charter-out Rate($)ⁱ	Jun 2022 Oct 2023 Expiration Dateⁱⁱ	- 108.5% of average Baltic Panamax Index 82 Index	Navios Holdings has the right of first refusal and profit sharing on sale of vessel. Purchase Optionⁱⁱⁱ
Navios Felix Vessel Name	Capesize Capesize	2016 Year Built	181,221 DWT	34,485 - Charter-out Rate($)ⁱ	Sep 2022 Jan 2024 Expiration Dateⁱⁱ	- 100% of average Baltic Capesize 5TC Index Routes + $4,085 per day Index	Yes Purchase Optionⁱⁱⁱ
Navios Obeliks Vessel Name	Capesize Capesize	2012 Year Built	181,415 DWT	- Charter-out Rate($)ⁱ	Jun 2022 Expiration Dateⁱⁱ	104.5% of average Baltic Capesize 5TC Index Routes Index	Yes Purchase Optionⁱⁱⁱ
Total - 11 Vessels			1,033,299

* Fleet agreed to be acquired and expected to be delivered

Bareboat-in Fleet*

Vessel Name	Vessel Type	Year Built	DWT	Charter-out Rate($)ⁱ	Expiration Dateⁱⁱ	Index	Purchase Optionⁱⁱⁱ

Navios Herakles I Vessel Name	Panamax Panamax	2019 Year Built	82,036 DWT	30,638 Charter-out Rate($)ⁱ	Aug 2022 Expiration Dateⁱⁱ	- Index	Yes Purchase Optionⁱⁱⁱ
Navios Uranus Vessel Name	Panamax Panamax	2019 Year Built	81,516 DWT	30,875 Charter-out Rate($)ⁱ	Aug 2022 Expiration Dateⁱⁱ	- Index	Yes Purchase Optionⁱⁱⁱ
Navios Felicity I Vessel Name	Panamax Panamax	2020 Year Built	81,946 DWT	31,825 Charter-out Rate($)ⁱ	Nov 2022 Expiration Dateⁱⁱ	- Index	Yes Purchase Optionⁱⁱⁱ
Navios Galaxy II Vessel Name	Panamax Panamax	2020 Year Built	81,789 DWT	29,984 33,547 - Charter-out Rate($)ⁱ	Jun 2022 Sep 2022 Jan 2023 Expiration Dateⁱⁱ	- - 125% of average Baltic Panamax 4TC Index	Yes Purchase Optionⁱⁱⁱ
Navios Magellan II Vessel Name	Panamax Panamax	2020 Year Built	82,037 DWT	32,202 33,938 - Charter-out Rate($)ⁱ	Jun 2022 Sep 2022 Jan 2023 Expiration Dateⁱⁱ	- - 124.375% of average Baltic Panamax 4TC Index Routes Index	Yes Purchase Optionⁱⁱⁱ
Total - 5 Vessels			409,324

* Fleet agreed to be acquired and expected to be delivered

Containerships

Vessel Name	Vessel Type	TEU	Built	Charter Rate ($)¹	Expiration Date³

Spectrum N Vessel Name	Container Container	2,546 TEU	2009 Built	36,538 Charter Rate ($)¹	March 2025 Expiration Date³
Protostar N Vessel Name	Container Container	2,741 TEU	2007 Built	46,556 Charter Rate ($)¹	Oct 2025 Expiration Date³
Fleur N Vessel Name	Container Container	2,782 TEU	2012 Built	19,750 Charter Rate ($)¹	March 2024 Expiration Date³
Ete N Vessel Name	Container Container	2,782 TEU	2012 Built	19,750 Charter Rate ($)¹	Feb 2024 Expiration Date³
Navios Summer⁵ Vessel Name	Container Container	3,450 TEU	2006 Built	45,480 39,795 30,320 20,845 34,110 Charter Rate ($)¹	May 2023 May 2024 May 2025 May 2026 July 2026 Expiration Date³
Matson Oahu⁵ Vessel Name	Container Container	3,450 TEU	2006 Built	22,713 Charter Rate ($)¹	May 2023 Expiration Date³
Navios Spring⁵ Vessel Name	Container Container	3,450 TEU	2007 Built	58,500 Charter Rate ($)¹	May 2025 Expiration Date³
Matson Lanai⁵ Vessel Name	Container Container	4,250 TEU	2007 Built	55,794 Charter Rate ($)¹	July 2025 Expiration Date³
Navios Verde⁵ Vessel Name	Container Container	4,250 TEU	2007 Built	20,845 Charter Rate ($)¹	June 2023 Expiration Date³
Navios Amarillo⁵ Vessel Name	Container Container	4,250 TEU	2007 Built	20,845 92,381 63,956 28,425 9,475 Charter Rate ($)¹	Jan 2023 Jan 2024 Jan 2025 Jan 2026 Jan 2028 Expiration Date³
Navios Vermilion⁵ Vessel Name	Container Container	4,250 TEU	2007 Built	54,313 45,425 23,972 41,722 Charter Rate ($)¹	Dec 2022 Dec 2023 Nov 2024 Dec 2024 Expiration Date³
Navios Azure⁵ Vessel Name	Container Container	4,250 TEU	2007 Built	22,678 Charter Rate ($)¹	Oct 2022 Expiration Date³
Navios Indigo⁵ Vessel Name	Container Container	4,250 TEU	2007 Built	63,375 43,875 34,125 24,375 41,438 Charter Rate ($)¹	April 2023 April 2024 April 2025 April 2026 Aug 2026 Expiration Date³
Navios Domino⁵ Vessel Name	Container Container	4,250 TEU	2008 Built	24,934 Charter Rate ($)¹	June 2023 Expiration Date³
Navios Delight⁵ Vessel Name	Container Container	4,250 TEU	2008 Built	45,425 Charter Rate ($)¹	Jan 2024 Expiration Date³
Navios Tempo Vessel Name	Container Container	4,250 TEU	2009 Built	44,438 Charter Rate ($)¹	Sept 2025 Expiration Date³
Navios Destiny⁵ Vessel Name	Container Container	4,250 TEU	2009 Built	54,313 45,425 23,972 41,722 Charter Rate ($)¹	Nov 2022 Nov 2023 Oct 2024 Nov 2024 Expiration Date³
Navios Devotion⁵ Vessel Name	Container Container	4,250 TEU	2009 Built	63,375 43,875 34,125 24,375 41,438 Charter Rate ($)¹	March 2023 March 2024 March 2025 March 2026 July 2026 Expiration Date³
Navios Lapis Vessel Name	Container Container	4,250 TEU	2009 Built	31,353 Charter Rate ($)¹	May 2023 Expiration Date³
Navios Dorado Vessel Name	Container Container	4,250 TEU	2010 Built	21,676 Charter Rate ($)¹	June 2023 Expiration Date³
Zim Carmel (ex Bermuda) Vessel Name	Container Container	4,360 TEU	2010 Built	61,114 42,164 32,689 23,214 39,795 Charter Rate ($)¹	April 2023 April 2024 April 2025 April 2026 June 2026 Expiration Date³
Zim Baltimore (ex Navios Felicitas) Vessel Name	Container Container	4,360 TEU	2010 Built	63,375 43,875 34,125 24,375 41,438 Charter Rate ($)¹	Jan 2023 Jan 2024 Jan 2025 Jan 2026 May 2026 Expiration Date³
Bahamas Vessel Name	Container Container	4,360 TEU	2010 Built	22,219 60,000 Charter Rate ($)¹	Dec 2022 May 2025 Expiration Date³
Navios Miami Vessel Name	Container Container	4,563 TEU	2009 Built	54,313 45,425 23,972 41,722 Charter Rate ($)¹	Nov 2022 Nov 2023 Oct 2024 Nov 2024 Expiration Date³
Navios Magnolia Vessel Name	Container Container	4,730 TEU	2008 Built	54,313 45,425 23,972 41,722 Charter Rate ($)¹	Nov 2022 Nov 2023 Oct 2024 Nov 2024 Expiration Date³
Navios Jasmine Vessel Name	Container Container	4,730 TEU	2008 Built	21,825 60,000 Charter Rate ($)¹	Dec 2022 April 2025 Expiration Date³
Navios Chrysalis Vessel Name	Container Container	4,730 TEU	2008 Built	30,083 Charter Rate ($)¹	July 2023 Expiration Date³
Navios Nerine Vessel Name	Container Container	4,730 TEU	2008 Built	54,313 45,425 23,972 41,722 Charter Rate ($)¹	Oct 2022 Oct 2023 Sept 2024 Oct 2024 Expiration Date³
Hyundai Shanghai Vessel Name	Container Container	6,800 TEU	2006 Built	30,119 21,083 Charter Rate ($)¹	Aug 2024¹¹ Aug 2029¹¹ Expiration Date³
Hyundai Tokyo Vessel Name	Container Container	6,800 TEU	2006 Built	30,119 21,083 Charter Rate ($)¹	Dec 2023¹¹ Dec 2028¹¹ Expiration Date³
Hyundai Hongkong Vessel Name	Container Container	6,800 TEU	2006 Built	30,119 21,083 Charter Rate ($)¹	Dec 2023¹¹ Dec 2028¹¹ Expiration Date³
Hyundai Singapore Vessel Name	Container Container	6,800 TEU	2006 Built	30,119 21,083 Charter Rate ($)¹	Dec 2023¹¹ Dec 2028¹¹ Expiration Date³
Hyundai Busan Vessel Name	Container Container	6,800 TEU	2006 Built	30,119 21,083 Charter Rate ($)¹	Aug 2024¹¹ Aug 2029¹¹ Expiration Date³
Navios Utmost⁵ ¹³ Vessel Name	Container Container	8,204 TEU	2006 Built	21,656 Charter Rate ($)¹	Sept 2022¹¹ Expiration Date³
Navios Unite⁵ ¹³ Vessel Name	Container Container	8,204 TEU	2006 Built	27,840 Charter Rate ($)¹	Sept 2022¹¹ Expiration Date³
Navios Unison¹² Vessel Name	Container Container	10,000 TEU	2010 Built	26,276 Charter Rate ($)¹	June 2026¹¹ Expiration Date³
Navios Constellation¹² Vessel Name	Container Container	10,000 TEU	2011 Built	26,276 Charter Rate ($)¹	June 2026¹¹ Expiration Date³
Total - 37 Vessels		183,422

Containerships to be Delivered

Vessel Name	Vessel Type	TEU	Delivery Date	Built	Charter Rate ($)¹	Expiration Date³

TBN VII Vessel Name	Container Container	5,300 TEU	H2 2023 Delivery Date	2023 Built	42,900 39,000 37,050 35,100 31,200 37,050 Charter Rate ($)¹	Sept 2024 Sept 2025 Sept 2026 Sept 2027 Sept 2028 Nov 2028 Expiration Date³
TBN VIII Vessel Name	Container Container	5,300 TEU	H2 2023 Delivery Date	2023 Built	42,900 39,000 37,050 35,100 31,200 37,050 Charter Rate ($)¹	Dec 2024 Dec 2025 Dec 2026 Dec 2027 Dec 2028 Feb 2029 Expiration Date³
TBN IX Vessel Name	Container Container	5,300 TEU	H1 2024 Delivery Date	2024 Built	42,900 39,000 37,050 35,100 31,200 37,050 Charter Rate ($)¹	June 2025 June 2026 June 2027 June 2028 June 2029 Aug 2029 Expiration Date³
TBN X Vessel Name	Container Container	5,300 TEU	H1 2024 Delivery Date	2024 Built	42,900 39,000 37,050 35,100 31,200 37,050 Charter Rate ($)¹	June 2025 June 2026 June 2027 June 2028 June 2029 Aug 2029 Expiration Date³
TBN XI Vessel Name	Container Container	5,300 TEU	H2 2024 Delivery Date	2024 Built	42,900 39,000 37.050 35,100 31,200 37,050 Charter Rate ($)¹	June 2025 June 2026 June 2027 June 2028 June 2029 Aug 2029 Expiration Date³
TBN XII Vessel Name	Container Container	5,300 TEU	H2 2024 Delivery Date	2024 Built	42,900 39,000 37,050 35,100 31,200 37,050 Charter Rate ($)¹	Sept 2025 Sept 2026 Sept 2027 Sept 2028 Sept 2029 Nov 2029 Expiration Date³
TBN XIII Vessel Name	Container Container	5,300 TEU	H2 2024 Delivery Date	2023 Built	42,900 39,000 37,050 35,100 31,200 37,050 Charter Rate ($)¹	Nov 2025 Nov 2026 Nov 2027 Nov 2028 Nov 2029 Jan 2030 Expiration Date³
TBN XIV Vessel Name	Container Container	5,300 TEU	H1 2024 Delivery Date	2024 Built	42,900 39,000 37,050 35,100 31,200 37,050 Charter Rate ($)¹	May 2025 May 2026 May 2027 May 2028 May 2029 July 2029 Expiration Date³
TBN XV Vessel Name	Container Container	5,300 TEU	H2 2024 Delivery Date	2024 Built	37,050 Charter Rate ($)¹	April 2030 Expiration Date³
TBN XVI Vessel Name	Container Container	5,300 TEU	H2 2024 Delivery Date	2024 Built	37,050 Charter Rate ($)¹	April 2030 Expiration Date³
TBN XXIII Vessel Name	Container Container	7,700 TEU	H2 2024 Delivery Date	2024 Built	57,213 52,238 37,313 27,363 24,875 Charter Rate ($)¹	Nov 2027 Nov 2030 Nov 2032 Nov 2034 Nov 2036 Expiration Date³
TBN XXII Vessel Name	Container Container	7,700 TEU	H2 2024 Delivery Date	2024 Built	57,213 52,238 37,313 27,363 24,875 Charter Rate ($)¹	Dec 2027 Dec 2030 Dec 2032 Dec 2034 Dec 2036 Expiration Date³
Total - 12 Vessels		68,400

Total Containerships - 47 Vessels of 236,422 TEU

NMM Fleet - Chemical, MR1 Product Tankers

Vessel Name	Vessel Type	Year Built	DWT	Charter Rate ($)¹	Expiration Date³	Profit Sharing Arrangement/Premium

Nave Cosmos Vessel Name	Chemical Tanker Chemical Tanker	2010 Year Built	25,130 DWT	Floating rate³⁸ Charter Rate ($)¹	Oct 2022 Expiration Date³	- Profit Sharing Arrangement/Premium
Nave Polaris Vessel Name	Chemical Tanker Chemical Tanker	2011 Year Built	25,145 DWT	Floating rate³⁸ Charter Rate ($)¹	Oct 2022 Expiration Date³	- Profit Sharing Arrangement/Premium
Hector N Vessel Name	MR1 Product Tanker MR1 Product Tanker	2008 Year Built	38,402 DWT	12,591 14,319 15,306 Charter Rate ($)¹	Aug 2022 June 2023 Oct 2023 Expiration Date³	- - - Profit Sharing Arrangement/Premium
Perseus N¹⁴ Vessel Name	MR1 Product Tanker MR1 Product Tanker	2009 Year Built	36,264 DWT	12, 591 Charter Rate ($)¹	Dec 2022 Expiration Date³	- Profit Sharing Arrangement/Premium
Star N Vessel Name	MR1 Product Tanker MR1 Product Tanker	2009 Year Built	37,836 DWT	Floating rate³⁹ Charter Rate ($)¹	Jan 2023 Expiration Date³	- Profit Sharing Arrangement/Premium
Total - 5 Vessels			162,777

NMM Fleet - Chemical, MR2 Product Tankers

Vessel Name	Vessel Type	Year Built	DWT	Charter Rate ($)¹	Expiration Date³	Profit Sharing Arrangement/Premium

Nave Dorado Vessel Name	MR2 Product Tanker MR2 Product Tanker	2005 Year Built	47,999 DWT	12,838 Charter Rate ($)¹	Dec 2022 Expiration Date³	As per footnote¹⁵ Profit Sharing Arrangement/Premium
Nave Equinox¹⁴ Vessel Name	MR2 Product Tanker MR2 Product Tanker	2007 Year Built	50,922 DWT	12,591 Charter Rate ($)¹	Oct 2022 Expiration Date³	Ice-transit premium Profit Sharing Arrangement/Premium
Nave Pulsar⁵ Vessel Name	MR2 Product Tanker MR2 Product Tanker	2007 Year Built	50,922 DWT	22,713 Charter Rate ($)¹	Jan 2023 Expiration Date³	- Profit Sharing Arrangement/Premium
Nave Orbit¹⁴ Vessel Name	MR2 Product Tanker MR2 Product Tanker	2009 Year Built	50,470 DWT	14,418¹⁶ Charter Rate ($)¹	March 2023 Expiration Date³	- Profit Sharing Arrangement/Premium
Nave Equator⁵ Vessel Name	MR2 Product Tanker MR2 Product Tanker	2009 Year Built	50,542 DWT	13,500 Charter Rate ($)¹	Oct 2022 Expiration Date³	- Profit Sharing Arrangement/Premium
Nave Aquila Vessel Name	MR2 Product Tanker MR2 Product Tanker	2012 Year Built	49,991 DWT	15,208 27,181 Charter Rate ($)¹	Sept 2022 March 2023 Expiration Date³	- Profit Sharing Arrangement/Premium
Nave Atria Vessel Name	MR2 Product Tanker MR2 Product Tanker	2012 Year Built	49,992 DWT	13,948 Charter Rate ($)¹	May 2023 Expiration Date³	- Profit Sharing Arrangement/Premium
Nave Capella¹² Vessel Name	MR2 Product Tanker MR2 Product Tanker	2013 Year Built	49,995 DWT	13,956 Charter Rate ($)¹	Feb 2023 Expiration Date³	- Profit Sharing Arrangement/Premium
Nave Alderamin¹² Vessel Name	MR2 Product Tanker MR2 Product Tanker	2013 Year Built	49,998 DWT	13,956 Charter Rate ($)¹	Dec 2022 Expiration Date³	- Profit Sharing Arrangement/Premium
Nave Bellatrix Vessel Name	MR2 Product Tanker MR2 Product Tanker	2013 Year Built	49,999 DWT	13,084 Charter Rate ($)¹	Aug 2022 Expiration Date³	- Profit Sharing Arrangement/Premium
Nave Orion Vessel Name	MR2 Product Tanker MR2 Product Tanker	2013 Year Built	49,999 DWT	13,956 Charter Rate ($)¹	Dec 2022 Expiration Date³	- Profit Sharing Arrangement/Premium
Nave Titan¹² Vessel Name	MR2 Product Tanker MR2 Product Tanker	2013 Year Built	49,999 DWT	12,657²² 13,716 Charter Rate ($)¹	Aug 2022 March 2023 Expiration Date³	- Profit Sharing Arrangement/Premium
Bougainville²³ Vessel Name	MR2 Product Tanker MR2 Product Tanker	2013 Year Built	50,626 DWT	13,578 Charter Rate ($)¹	Oct 2022 Expiration Date³	- Profit Sharing Arrangement/Premium
Nave Pyxis²³ Vessel Name	MR2 Product Tanker MR2 Product Tanker	2014 Year Built	49,998 DWT	15,881 Charter Rate ($)¹	Feb 2023 Expiration Date³	- Profit Sharing Arrangement/Premium
Nave Luminosity Vessel Name	MR2 Product Tanker MR2 Product Tanker	2014 Year Built	49,999 DWT	14,813 Charter Rate ($)¹	Dec 2022 Expiration Date³	- Profit Sharing Arrangement/Premium
Nave Jupiter Vessel Name	MR2 Product Tanker MR2 Product Tanker	2014 Year Built	49,999 DWT	15,504¹⁹ 16,491 Charter Rate ($)¹	Aug 2022 Aug 2023 Expiration Date³	- Profit Sharing Arrangement/Premium
Nave Velocity¹² Vessel Name	MR2 Product Tanker MR2 Product Tanker	2015 Year Built	49,999 DWT	15,553²⁰ Charter Rate ($)¹	Oct 2024 Expiration Date³	- Profit Sharing Arrangement/Premium
Nave Sextans¹² Vessel Name	MR2 Product Tanker MR2 Product Tanker	2015 Year Built	49,999 DWT	16,844 Charter Rate ($)¹	May 2023 Expiration Date³	- Profit Sharing Arrangement/Premium
Total - 18 Vessels			901,448

NMM Fleet - LR1 Product Tankers

Vessel Name	Vessel Type	Year Built	DWT	Charter Rate ($)¹	Expiration Date²	Profit Sharing Arrangement/Premium

Nave Cielo⁴ Vessel Name	LR1 Product Tanker LR1 Product Tanker	2007 Year Built	74,671 DWT	Spot Charter Rate ($)¹	- Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Ariadne⁴ Vessel Name	LR1 Product Tanker LR1 Product Tanker	2007 Year Built	74,671 DWT	Floating rate²⁵ Charter Rate ($)¹	Oct 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Aurora N Vessel Name	LR1 Product Tanker LR1 Product Tanker	2008 Year Built	63,495 DWT	Floating rate²⁵ Charter Rate ($)¹	Oct 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Lumen N Vessel Name	LR1 Product Tanker LR1 Product Tanker	2008 Year Built	63,599 DWT	Floating rate²⁵ Charter Rate ($)¹	Oct 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Andromeda¹² Vessel Name	LR1 Product Tanker LR1 Product Tanker	2011 Year Built	75,000 DWT	Floating rate²⁶ Charter Rate ($)¹	Sept 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Cetus¹² Vessel Name	LR1 Product Tanker LR1 Product Tanker	2012 Year Built	74,581 DWT	14,138²⁴ Charter Rate ($)¹	Dec 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Cassiopeia¹² Vessel Name	LR1 Product Tanker LR1 Product Tanker	2012 Year Built	74,711 DWT	Floating rate²⁶ Charter Rate ($)¹	Sept 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Estella¹² Vessel Name	LR1 Product Tanker LR1 Product Tanker	2012 Year Built	75,000 DWT	15,400 Charter Rate ($)¹	Jan 2023 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Rigel Vessel Name	LR1 Product Tanker LR1 Product Tanker	2013 Year Built	74,673 DWT	14,138²⁴ Charter Rate ($)¹	Dec 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Atropos²³ Vessel Name	LR1 Product Tanker LR1 Product Tanker	2013 Year Built	74,695 DWT	14,813 Charter Rate ($)¹	Oct 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Total - 10 Vessels			725,096

NMM Fleet - Aframax LR2

Vessel Name	Vessel Type	Delivery Date	Year Built	DWT	Charter Rate ($)¹	Expiration Date³

TBN XVII Vessel Name	Aframax / LR2 Aframax / LR2	H1 2024 Delivery Date	Year Built	115,000 DWT	25,576 Charter Rate ($)¹	April 2029 Expiration Date³
TBN XVIII Vessel Name	Aframax / LR2 Aframax / LR2	H2 2024 Delivery Date	Year Built	115,000 DWT	25,576 Charter Rate ($)¹	July 2029 Expiration Date³
TBN XIX Vessel Name	Aframax / LR2 Aframax / LR2	H2 2024 Delivery Date	Year Built	115,000 DWT	-²⁸ Charter Rate ($)¹	- Expiration Date³
TBN XX Vessel Name	Aframax / LR2 Aframax / LR2	H1 2025 Delivery Date	Year Built	115,000 DWT	-²⁸ Charter Rate ($)¹	- Expiration Date³
Total - 4 Vessels				460,000

NMM Fleet - VLCC's

Vessel Name	Vessel Type	Year Built	DWT	Charter Rate ($)¹	Expiration Date³	Profit Share Arrangements

Nave Photon Vessel Name	VLCC VLCC	2008 Year Built	297,395 DWT	Floating Rate Charter Rate ($)¹	Dec 2022 Expiration Date³	As per footnote³³ Profit Share Arrangements
Nave Galactic Vessel Name	VLCC VLCC	2009 Year Built	297,168 DWT	17,775²⁵ Charter Rate ($)¹	Sept 2022 Expiration Date³	As per footnote²⁹ Profit Share Arrangements
Nave Spherical Vessel Name	VLCC VLCC	2009 Year Built	297,188 DWT	Floating Rate³⁰ Charter Rate ($)¹	Jan 2024 Expiration Date³	- Profit Share Arrangements
Nave Constellation Vessel Name	VLCC VLCC	2010 Year Built	296,988 DWT	Floating Rate Charter Rate ($)¹	Dec 2022 Expiration Date³	As per footnote³³ Profit Share Arrangements
Nave Quasar Vessel Name	VLCC VLCC	2010 Year Built	297,376 DWT	16,788²⁷ Charter Rate ($)¹	Feb 2023 Expiration Date³	As per footnote³¹ Profit Share Arrangements
Nave Synergy Vessel Name	VLCC VLCC	2010 Year Built	299,973 DWT	Freight Voyage Charter Rate ($)¹	Sept 2022 Expiration Date³	- Profit Share Arrangements
Nave Universe Vessel Name	VLCC VLCC	2011 Year Built	297,066 DWT	9,381 Freight Voyage Charter Rate ($)¹	Aug 2022 Sept 2022 Expiration Date³	- - Profit Share Arrangements
Nave Buena Suerte Vessel Name	VLCC VLCC	2011 Year Built	297,491 DWT	47,906 Charter Rate ($)¹	June 2025 Expiration Date³	As per footnote³² Profit Share Arrangements
Total - 8 Vessels			2,380,645

Bareboat Charter-in Vessels

Vessel Name	Vessel Type	Year Built	DWT	Charter Rate ($)¹	Expiration Date²	Profit Share Arrangements

Baghdad Vessel Name	VLCC VLCC	2020 Year Built	313,433 DWT	27,816³⁴ Charter Rate ($)¹	Sept 2030 Expiration Date²	- Profit Share Arrangements
Nave Electron Vessel Name	VLCC VLCC	2021 Year Built	313,239 DWT	47,906 Charter Rate ($)¹	Jan 2026 Expiration Date²	As per footnote³⁵ Profit Share Arrangements
Erbil Vessel Name	VLCC VLCC	2021 Year Built	313,486 DWT	27,816³⁴ Charter Rate ($)¹	Feb 2031 Expiration Date²	- Profit Share Arrangements
Navios Celeste Vessel Name	VLCC VLCC	2022 Year Built	313.418 DWT	Floating Rate Charter Rate ($)¹	July 2024 Expiration Date²	As per footnote³⁵ Profit Share Arrangements
Total - 4 Vessels			1,253,576

Total Tankers - 49 Vessels of 5,880,124 DWT

Note: Fleet Data as of August 3, 2022

¹ Daily charter-out rate net of commissions.

²Index rates exclude commissions.

³Assumed midpoint of redelivery by charterers or company’s best estimate.

⁴The vessel is subject to a sale and leaseback transaction for a period of up to three years, at which time we have an obligation to purchase the vessel.

⁵The vessel is subject to a sale and leaseback transaction for a period of up to five years, at which time we have an obligation to purchase the vessel

⁶The vessel is subject to a sale and leaseback transaction for a period of up to six years, at which time we have an obligation to purchase the vessel

⁷The vessel is subject to a sale and leaseback transaction for a period of up to ten years, at which time we have an obligation to purchase the vessel

⁸The vessel is subject to a sale and leaseback transaction for a period of up to eleven years, at which time we have an obligation to purchase the vessel

⁹The vessel is subject to a sale and leaseback transaction for a period of up to nine years, at which time we have an obligation to purchase the vessel.

¹⁰Daily charter-out rate net of commissions, where applicable.

¹¹Assumed midpoint of redelivery by charterers or company’s best estimate. Includes optional years (NMM’s option) after 2023, where applicable.

¹²The vessel is subject to a sale and leaseback transaction for a period of up to seven years, at which time we have an obligation to purchase the vessel.

¹³Vessel agreed to be sold.

¹⁴The vessel is subject to a sale and leaseback transaction for a period of up to four years, at which time we have an obligation to purchase the vessel.

¹⁵Profit sharing arrangement of 100% above $6,419 and 25% above $8,888.

¹⁶Charterer’s option to extend the charter for up to 18 months at $15,306 net per day.

¹⁷Charterer’s option to extend the charter for up to 18 months at $14,887 net per day.

¹⁸Charterer’s option to extent the charter for up to six months at $15,881 net per day.

¹⁹Charterer’s option to extend the charter for an optional year up to at a rate of $16,491 net per day.

²⁰Charterer’s option to extend the charter for one year at $16,540 net per day plus one year at $17,528 net per day.

²¹Charterer’s option to extend the charter for six months at $13,956 net per day.

²²Charterer’s option to extend the charter for six months at $13,716 net per day.

²³The vessel is subject to a sale and leaseback transaction for a period of up to eight years, at which time we have an obligation to purchase the vessel.

²⁴Charterer has the option to extend for three months at $16,088 net per day.

²⁵Rate based on Penfield pool earnings

²⁶Rate based on LR8 pool earnings.

²⁷Charterer has the option to extend for a further five one year options at rates increasing by $1,234 per day each year.

²⁸Charterer has the option to charter the vessels on identical terms to the two first vessels. The option can be exercised up to 10/14/2022.

²⁹Contract provides adjusted BITR TD3C-TCE index with a floor of $17,775, 100% to Navios up to collar $38,759 and 50% thereafter.

³⁰Contract provides 100% of BITR TD3C-TCE index plus $4,875 premium. Charterer’s option to extend for one year at TD3C-TCE index plus $1,463 premium.

³¹Contract provides 100% of BITR TD3C-TCE index up to $37,031 and 50% thereafter with $16,788 floor.

³²Profit sharing arrangement of 35% above $54,388, 40% above $59,388 and 50% above $69,388.

³³Contract provides 100% of BITR TD3-TCE index up to $17,775 and 50% thereafter with a floor at $2,963 and collar at $29,625

³⁴Charterer’s option to extend the bareboat charter for five years at $29,751 net per day.

³⁵Profit sharing arrangement of 35% above $54,388, 40% above $59,388 and 50% above $69,388.

³⁶Bareboat charter based on adjusted TD3C-WS with floor $22,572 and collar of $29,700

³⁷Profit sharing arrangement of 100% between $12,838 and $15,800 and 50% above $15,800.

³⁸Rate based on Delta8 pool earnings.

³⁹Rate based on Scorpio Handymax Tanker pool earnings