Fleet

Navios Partners operates 142 vessels with a carrying capacity of 14.6 million dwt, including 215,222 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 Containerships Containerships to be Delivered NMM Fleet - Chemical, MR1 Product Tankers NMM Fleet - Chemical, MR2 Product Tankers NMM Fleet - LR1 Product Tankers NMM Fleet - VLCC's Bareboat Charter-in Vessels VLCC to be Delivered

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	- Charter Rate ($)¹	- Profit Share²	Spot Expiration Date³
Navios Christine B Vessel Name	Ultra-Handymax Ultra-Handymax	2009 Built	58,058 DWT	9,548 Charter Rate ($)¹	- Profit Share²	Jan 2022 Expiration Date³
Serenitas N Vessel Name	Ultra-Handymax Ultra-Handymax	2011 Built	56,644 DWT	- Charter Rate ($)¹	99% avg. BS1 58 10TC Profit Share²	June 2022 Expiration Date³
Navios La Paix Vessel Name	Ultra-Handymax Ultra-Handymax	2014 Built	61,485 DWT	- Charter Rate ($)¹	111% avg. BSI 58 10TC Profit Share²	Feb 2022 Expiration Date³
Total - 4 Vessels			234,922

Daily charter-out rate net of commission
Index rates exclude commissions
Assumed midpoint of redelivery by charterers or company's best estimate

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	32,300 Charter Rate ($)¹	- Profit Share²	Jan 2021 Expiration Date³
Navios Anthos Vessel Name	Panamax Panamax	2004 Built	75,798 DWT	9,595 Charter Rate ($)¹	- Profit Share²	Jan 2022 Expiration Date³
Navios Alegria Vessel Name	Panamax Panamax	2004 Built	76,466 DWT	- Charter Rate ($)¹	99.5% average BPI 4TC Profit Share²	Apr 2022 Expiration Date³
Navios Orbiter Vessel Name	Panamax Panamax	2004 Built	76,602 DWT	- Charter Rate ($)¹	100% average BPI 4TC Profit Share²	Feb 2022 Expiration Date³
Navios Hope Vessel Name	Panamax Panamax	2005 Built	75,397 DWT	9,625 - Charter Rate ($)¹	- 100% average BPI 4TC Profit Share²	Dec 2021 Apr 2023 Expiration Date³
Navios Sun Vessel Name	Panamax Panamax	2005 Built	76,619 DWT	- Charter Rate ($)¹	100@ average BPI 4TC Profit Share²	Feb 2022 Expiration Date³
Navios Helios Vessel Name	Panamax Panamax	2005 Built	77,075 DWT	- Charter Rate ($)¹	100% average BPI 4TC Profit Share²	Dec 2022 Expiration Date³
Navios Apollon I Vessel Name	Panamax Panamax	2005 Built	87,052 DWT	- Charter Rate ($)¹	109% average BPI 4TC Profit Share²	Feb 2022 Expiration Date³
Navios Symmetry Vessel Name	Panamax Panamax	2006 Built	74,381 DWT	11,804 Charter Rate ($)¹	- Profit Share²	Mar 2022 Expiration Date³
Navios Sagittarius⁴ Vessel Name	Panamax Panamax	2006 Built	75,756 DWT	10,783 Charter Rate ($)¹	- Profit Share²	Dec 2021 Expiration Date³
Navios Harmony Vessel Name	Panamax Panamax	2006 Built	82,790 DWT	28,500 Charter Rate ($)¹	- Profit Share²	Aug 2022 Expiration Date³
Navios Libertas Vessel Name	Panamax Panamax	2007 Built	75,511 DWT	28,025 Charter Rate ($)¹	- Profit Share²	Dec 2021 Expiration Date³
Navios Prosperity I Vessel Name	Panamax Panamax	2007 Built	75,527 DWT	28,025 Charter Rate ($)¹	- Profit Share²	Dec 2021 Expiration Date³
Navios Camelia Vessel Name	Panamax Panamax	2009 Built	75,162 DWT	28,975 Charter Rate ($)¹	- Profit Share²	Mar 2022 Expiration Date³
Copernicus N Vessel Name	Panamax Panamax	2010 Built	93,062 DWT	- Charter Rate ($)¹	108% average BPI 4TC Profit Share²	Oct 2022 Expiration Date³
Unity N Vessel Name	Panamax Panamax	2011 Built	79, 642 DWT	36,575 26, 125 - Charter Rate ($)¹	- - 100% average BPI 4TC Profit Share²	Nov 2021 Jan 2022 Jul 2022 Expiration Date³
Odysseus N Vessel Name	Panamax Panamax	2011 Built	79,642 DWT	29,925 Charter Rate ($)¹	- Profit Share²	Apr 2022 Expiration Date³
Navios Avior Vessel Name	Panamax Panamax	2012 Built	81,355 DWT	14,131 Charter Rate ($)¹	- Profit Share²	Feb 2022 Expiration Date³
Navios Centaurus Vessel Name	Panamax Panamax	2012 Built	81,472 DWT	32,300 Charter Rate ($)¹	- Profit Share²	Mar 2022 Expiration Date³
Navios Victory Vessel Name	Panamax Panamax	2014 Built	77,095 DWT	12,513 Charter Rate ($)¹	- Profit Share²	Jun 2022 Expiration Date³
Navios Sphera Vessel Name	Panamax Panamax	2016 Built	84,872 DWT	- Charter Rate ($)¹	120% average BPI 4TC Profit Share²	May 2022 Expiration Date³
Total - 21 Vessels			1,656,983

Daily charter-out rate net of commissions.
Index rates exclude commissions.
Assumed midpoint of redelivery by charterers or company’s best estimate.
The 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

NMM Drybulk Fleet - Capesize

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

Navios Beaufiks⁴ Vessel Name	Capesize Capesize	2004 Built	180,310 DWT	22,563 Charter Rate ($)¹	- Profit Share²	Jan 2024 Expiration Date³
Navios Fantastiks⁵ Vessel Name	Capesize Capesize	2005 Built	180,265 DWT	21,650 Charter Rate ($)¹	- Profit Share²	Mar 2023 Expiration Date³
Navios Aurora II Vessel Name	Capesize Capesize	2009 Built	169,031 DWT	- Charter Rate ($)¹	95.25% average BCI 5TC Profit Share²	Apr 2022 Expiration Date³
Navios Bonavis⁵ Vessel Name	Capesize Capesize	2009 Built	180,022 DWT	- Charter Rate ($)¹	101.5% average BCI 5TC Profit Share²	Mar 2023 Expiration Date³
Navios Sol⁶ Vessel Name	Capesize Capesize	2009 Built	180,274 DWT	- Charter Rate ($)¹	110% average BCI 5TC Profit Share²	Mar 2022 Expiration Date³
Navios Pollux Vessel Name	Capesize Capesize	2009 Built	180, 727 DWT	- Charter Rate ($)¹	100% of pool earnings Profit Share²	Feb 2022 Expiration Date³
Navios Symphony Vessel Name	Capesize Capesize	2010 Built	178,132 DWT	- Charter Rate ($)¹	100.5% average BCI 5TC Profit Share²	Dec 2021 Expiration Date³
Navios Melodia Vessel Name	Capesize Capesize	2010 Built	179,132 DWT	29,356 Charter Rate ($)¹	Profit sharing 50% above $37,500/day based on Baltic Exchange Capesize TC Average Profit Share²	Sep 2022 Expiration Date³
Navios Luz Vessel Name	Capesize Capesize	2010 Built	179,144 DWT	- Charter Rate ($)¹	101% average BCI 5TC Profit Share²	Mar 2022 Expiration Date³
Navios Buena Ventura Vessel Name	Capesize Capesize	2010 Built	179,259 DWT	- Charter Rate ($)¹	100.5% average BCI 5TC Profit Share²	Mar 2023 Expiration Date³
Navios Fulvia Vessel Name	Capesize Capesize	2010 Built	179,263 DWT	- Charter Rate ($)¹	100% average BCI 5TC Profit Share²	Feb 2023 Expiration Date³
Navios Aster Vessel Name	Capesize Capesize	2010 Built	179,314 DWT	31,350 27,731 Charter Rate ($)¹	- Profit Share²	Dec 2021 Jan 2023 Expiration Date³
Navios Ace⁷ Vessel Name	Capesize Capesize	2011 Built	179,016 DWT	- Charter Rate ($)¹	105.5% average BCI 5TC Profit Share²	Mar 2022 Expiration Date³
Navios Azimuth Vessel Name	Capesize Capesize	2011 Built	179,169 DWT	- - Charter Rate ($)¹	102% average BCI 5TC 100% average BCI 5TC Profit Share²	Jan 2022 Feb 2023 Expiration Date³
Navios Koyo Vessel Name	Capesize Capesize	2011 Built	181,415 DWT	- Charter Rate ($)¹	100% average BCI 5TC +$1,900 daily Profit Share²	Dec 2021 Expiration Date³
Navios Ray⁴ Vessel Name	Capesize Capesize	2012 Built	179,515 DWT	- Charter Rate ($)¹	102% average BCI 5TC Profit Share²	Jan 2022 Expiration Date³
Navios Joy Vessel Name	Capesize Capesize	2013 Built	181,389 DWT	Freight voyage Charter Rate ($)¹	- Profit Share²	Apr 2022 Expiration Date³
Navios Gem Vessel Name	Capesize Capesize	2014 Built	181,336 DWT	17,623 Charter Rate ($)¹	- Profit Share²	Feb 2022 Expiration Date³
Navios Mars Vessel Name	Capesize Capesize	2016 Built	181,259 DWT	22,610 Charter Rate ($)¹	- Profit Share²	Feb 2022 Expiration Date³
Total - 19 Vessels			3,407,972

Daily charter-out rate net of commissions.
Index rates exclude commissions.
Assumed midpoint of redelivery by charterers or company’s best estimate
The 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
The 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
The 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
The 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

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 ($)¹	109.75 average BPI 82 Profit Share²	Jul 24 Expiration Date³
Navios Star Vessel Name	Panamax Panamax	2021 Built	81,994 DWT	- Charter Rate ($)¹	110% average BPI 82 Profit Share²	Jun 24 Expiration Date³
Navios Amitie Vessel Name	Panamax Panamax	2021 Built	82,002 DWT	- Charter Rate ($)¹	110% average BPI 82 Profit Share²	May 2024 Expiration Date³
Total - 3 Vessels			246,007

Daily charter-out rate net of commissions.
Index rates exclude commissions.
Assumed midpoint of redelivery by charterers or company’s best estimate

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 ($)¹	- Profit Share²	- Expiration Date³
TBN VII Vessel Name	Capesize Capesize	H2 2022 Delivery Date	180,000 DWT	- Charter Rate ($)¹	- Profit Share²	- Expiration Date³
TBN V Vessel Name	Capesize Capesize	H1 2023 Delivery Date	180,000 DWT	- Charter Rate ($)¹	- Profit Share²	- Expiration Date³
TBN IV Vessel Name	Panamax Panamax	H2 2022 Delivery Date	81,000 DWT	- Charter Rate ($)¹	- Profit Share²	- Expiration Date³
TBN VI Vessel Name	Panamax Panamax	H1 2023 Delivery Date	81,000 DWT	- Charter Rate ($)¹	- Profit Share²	- Expiration Date³
Total - 7 Vessels			1,062,000

Daily charter-out rate net of commissions.
Index rates exclude commissions.
Assumed midpoint of redelivery by charterers or company’s best estimate

Containerships

Vessel Name	Vessel Type	TEU	Built	Charter Rate ($)¹	Expiration Date²

Spectrum N Vessel Name	Container Container	2,546 TEU	2009 Built	15,800 Charter Rate ($)¹	Apr 2022 Expiration Date²
Protostar N Vessel Name	Container Container	2,741 TEU	2007 Built	17,775 Charter Rate ($)¹	Jul 2022 Expiration Date²
Fleur N Vessel Name	Container Container	2,782 TEU	2012 Built	19,750 Charter Rate ($)¹	Mar 2024 Expiration Date²
Ete N Vessel Name	Container Container	2,782 TEU	2012 Built	19,750 Charter Rate ($)¹	Feb 2024 Expiration Date²
Navios Summer³ Vessel Name	Container Container	3,450 TEU	2006 Built	16,960 Charter Rate ($)¹	May 2022 Expiration Date²
Matson Oahu³ Vessel Name	Container Container	3,450 TEU	2006 Built	22,713 Charter Rate ($)¹	May 2023 Expiration Date²
Navios Spring³ Vessel Name	Container Container	3,450 TEU	2007 Built	10,326 Charter Rate ($)¹	Mar 2022 Expiration Date²
Navios Amaranth³ Vessel Name	Container Container	4,250 TEU	2007 Built	18,121 55,794 Charter Rate ($)¹	Dec 2021 July 2025 Expiration Date²
Navios Verde³ Vessel Name	Container Container	4,250 TEU	2007 Built	20,845 Charter Rate ($)¹	Jun 2023 Expiration Date²
Navios Amarillo³ Vessel Name	Container Container	4,250 TEU	2007 Built	20,845 Charter Rate ($)¹	Nov 2022 Expiration Date²
Navios Vermilion³ Vessel Name	Container Container	4,250 TEU	2007 Built	21,330 54,313 45,425 23,972 41,722 Charter Rate ($)¹	Dec 2021 Dec 2022 Dec 2023 Nov 2024 Dec 2024 Expiration Date²
Navios Azure³ Vessel Name	Container Container	4,250 TEU	2007 Built	22,678 Charter Rate ($)¹	Sep 2022 Expiration Date²
Navios Indigo³ Vessel Name	Container Container	4,250 TEU	2007 Built	22,713 63,375 43,875 34,125 24,375 41,438 Charter Rate ($)¹	Feb 2022 Feb 2023 Feb 2024 Feb 2025 Feb 2026 Jun 2026 Expiration Date²
Navios Domino³ Vessel Name	Container Container	4,250 TEU	2008 Built	24,934 Charter Rate ($)¹	Jun 2023 Expiration Date²
Navios Delight³ Vessel Name	Container Container	4,250 TEU	2008 Built	45,425 Charter Rate ($)¹	Dec 2023 Expiration Date²
Navios Tempo Vessel Name	Container Container	4.250 TEU	2009 Built	13,000 44,438 Charter Rate ($)¹	Dec 2021 Jul 2025 Expiration Date²
Navios Destiny³ Vessel Name	Container Container	4,250 TEU	2009 Built	18,022 54,313 45,425 23,972 41,722 Charter Rate ($)¹	Nov 2021 Nov 2022 Nov 2023 Oct 2024 Nov 2024 Expiration Date²
Navios Devotion³ Vessel Name	Container Container	4,250 TEU	2009 Built	23,700 63,375 43,875 34,125 24,375 41,438 Charter Rate ($)¹	Feb 2022 Feb 2023 Feb 2024 Feb 2025 Feb 2026 Jun 2026 Expiration Date²
Navios Lapis Vessel Name	Container Container	4,250 TEU	2009 Built	31,353 Charter Rate ($)¹	May 2023 Expiration Date²
Navios Dorado Vessel Name	Container Container	4,250 TEU	2010 Built	21,676 Charter Rate ($)¹	Apr 2023 Expiration Date²
Bermuda Vessel Name	Container Container	4,360 TEU	2010 Built	11,580 Charter Rate ($)¹	Mar 2022 Expiration Date²
Navios Felicitas Vessel Name	Container Container	4,360 TEU	2010 Built	18,121 63,375 43,875 34,125 24,375 41,438 Charter Rate ($)¹	Jan 2022 Jan 2023 Jan 2024 Jan 2025 Jan 2026 May 2026 Expiration Date²
Bahamas Vessel Name	Container Container	4,360 TEU	2010 Built	22,219 Charter Rate ($)¹	Nov 2022 Expiration Date²
Navios Miami Vessel Name	Container Container	4,563 TEU	2009 Built	18,022 54,313 45,425 23,972 41,722 Charter Rate ($)¹	Nov 2021 Nov 2022 Nov 2023 Oct 2024 Nov 2024 Expiration Date²
Navios Magnolia Vessel Name	Container Container	4,730 TEU	2008 Built	18,022 54,313 45,425 23,972 41,722 Charter Rate ($)¹	Nov 2021 Nov 2022 Nov 2023 Oct 2024 Nov 2024 Expiration Date²
Navios Jasmine Vessel Name	Container Container	4,730 TEU	2008 Built	21,825 Charter Rate ($)¹	Dec 2022 Expiration Date²
Navios Chrysalis Vessel Name	Container Container	4,730 TEU	2008 Built	30,083 Charter Rate ($)¹	Jul 2023 Expiration Date²
Navios Nerine Vessel Name	Container Container	4,730 TEU	2008 Built	54,313 45,425 23,972 71,722 Charter Rate ($)¹	Oct 2022 Oct 2023 Sep 2024 Oct 2024 Expiration Date²
Hyundai Shanghai Vessel Name	Container Container	6,800 TEU	2006 Built	30,119 21,083 Charter Rate ($)¹	Dec 2023 Dec 2028 Expiration Date²
Hyundai Tokyo Vessel Name	Container Container	6,800 TEU	2006 Built	30,119 21,083 Charter Rate ($)¹	Dec 2023 Dec 2028 Expiration Date²
Hyundai Hongkong Vessel Name	Container Container	6,800 TEU	2006 Built	30,119 21,083 Charter Rate ($)¹	Dec 2023 Dec 2028 Expiration Date²
Hyundai Singapore Vessel Name	Container Container	6,800 TEU	2006 Built	30,119 21,083 Charter Rate ($)¹	Dec 2023 Dec 2028 Expiration Date²
Hyundai Busan Vessel Name	Container Container	6,800 TEU	2006 Built	30,119 21,083 Charter Rate ($)¹	Dec 2023 Dec 2028 Expiration Date²
Navios Utmost³ Vessel Name	Container Container	8,204 TEU	2006 Built	21,656 Charter Rate ($)¹	Sep 2022 Expiration Date²
Navios Unite³ Vessel Name	Container Container	8,204 TEU	2006 Built	27,840 Charter Rate ($)¹	Apr 2024 Expiration Date²
Navios Unison⁴ Vessel Name	Container Container	10,000 TEU	2010 Built	26,276 Charter Rate ($)¹	May 2026 Expiration Date²
Navios Constellation⁴ Vessel Name	Container Container	10,000 TEU	2011 Built	26,276 Charter Rate ($)¹	May 2026 Expiration Date²
Total - 37 Vessels		183,422

Daily charter-out rate net of commissions, where applicable.
Assumed midpoint of redelivery by charterers or company’s best estimate. Includes optional years (NMM’s option) after 2023, where applicable.
The 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.
The 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

Containerships to be Delivered

Vessel Name	Vessel Type	TEU	Delivery Date	Built	Charter Rate ($)¹	Expiration Date²

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 ($)¹	Sep 2024 Sep 2025 Sep 2026 Sep 2027 Sep 2028 Nov 2028 Expiration Date²
TBN IX Vessel Name	Container Container	5.300 TEU	H2 2023 Delivery Date	2023 Built	42,900 39,000 37,050 35,100 31,200 37,050 Charter Rate ($)¹	Dec 2024 Dec 2025 Dec 2026 Dec 2027 Dec 2028 Feb 2029 Expiration Date²
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 ($)¹	Jun 2025 Jun 2026 Jun 2027 Jun 2028 Jun 2029 Aug 2029 Expiration Date²
TBN XI Vessel Name	Container Container	5.300 TEU	H1 2024 Delivery Date	2024 Built	42,900 39,000 37.050 35,100 31,200 37,050 Charter Rate ($)¹	Jun 2025 Jun 2026 Jun 2027 Jun 2028 Jun 2029 Aug 2029 Expiration Date²
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 ($)¹	Sep 2025 Sep 2026 Sep 2027 Sep 2028 Sep 2029 Nov 2029 Expiration Date²
TBN XIII Vessel Name	Container Container	5.300 TEU	H2 2024 Delivery Date	2024 Built	42,900 39,000 37,050 35,100 31,200 37,050 Charter Rate ($)¹	Nov 2025 Nov 2026 Nov 2027 Nov 2028 Nov 2029 Jan 2030 Expiration Date²
Total - 6 Vessels		31,800

Daily charter-out rate net of commissions, where applicable.
Assumed midpoint of redelivery by charterers or company’s best estimate.

NMM Fleet - Chemical, MR1 Product Tankers

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

Nave Cosmos Vessel Name	Chemical Tanker Chemical Tanker	2010 Year Built	25,130 DWT	Floating rate Charter Rate ($)¹	Feb 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Polaris Vessel Name	Chemical Tanker Chemical Tanker	2011 Year Built	25,145 DWT	Floating rate Charter Rate ($)¹	Feb 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Hector N Vessel Name	MR1 Product Tanker MR1 Product Tanker	2008 Year Built	38,402 DWT	11,356³ Charter Rate ($)¹	Jan 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Perseus N Vessel Name	MR1 Product Tanker MR1 Product Tanker	2009 Year Built	36,264 DWT	12,146 11,356⁴ Charter Rate ($)¹	Nov 2021 May 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Star N Vessel Name	MR1 Product Tanker MR1 Product Tanker	2009 Year Built	37,836 DWT	11,603 Charter Rate ($)¹	Apr 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Total - 5 Vessels			162,777

Daily charter-out rate net of commissions, where applicable.
Assumed midpoint of redelivery by charterers or company’s best estimate.
Charterer’s option to extend the charter for up to six months at $12,591 net per day.
Charterer’s option to extend the charter for six months at $12,590 net per day.

NMM Fleet - Chemical, MR2 Product Tankers

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

Nave Dorado Vessel Name	MR2 Product Tanker MR2 Product Tanker	2005 Year Built	47,999 DWT	6,419 +PS³ Charter Rate ($)¹	Apr 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Equinox Vessel Name	MR2 Product Tanker MR2 Product Tanker	2007 Year Built	50,922 DWT	11,356⁴ Charter Rate ($)¹	Mar 2022 Expiration Date²	Ice-transit premium Profit Sharing Arrangement/Premium
Nave Pulsar Vessel Name	MR2 Product Tanker MR2 Product Tanker	2007 Year Built	50,922 DWT	14,072 6,978 Charter Rate ($)¹	Dec 2021 Jan 2022 Expiration Date²	Ice-transit premium - Profit Sharing Arrangement/Premium
Nave Orbit Vessel Name	MR2 Product Tanker MR2 Product Tanker	2009 Year Built	50,470 DWT	14,418⁵ Charter Rate ($)¹	Mar 2023 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Equator Vessel Name	MR2 Product Tanker MR2 Product Tanker	2009 Year Built	50,542 DWT	16,250 14,500 Charter Rate ($)¹	Jan 2022 Mar 2022 Expiration Date²	- - Profit Sharing Arrangement/Premium
Nave Aquila Vessel Name	MR2 Product Tanker MR2 Product Tanker	2012 Year Built	49,991 DWT	12,838 Charter Rate ($)¹	Jan 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Atria Vessel Name	MR2 Product Tanker MR2 Product Tanker	2012 Year Built	49,992 DWT	13,948⁶ Charter Rate ($)¹	May 2023 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Capella Vessel Name	MR2 Product Tanker MR2 Product Tanker	2013 Year Built	49,995 DWT	12,898¹² Charter Rate ($)¹	Jan 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Alderamin Vessel Name	MR2 Product Tanker MR2 Product Tanker	2013 Year Built	49,998 DWT	12,898⁷ Charter Rate ($)¹	May 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Bellatrix Vessel Name	MR2 Product Tanker MR2 Product Tanker	2013 Year Built	49,999 DWT	10,665 13,084 Charter Rate ($)¹	Apr 2022 Jun 2022 Expiration Date²	- - Profit Sharing Arrangement/Premium
Nave Orion Vessel Name	MR2 Product Tanker MR2 Product Tanker	2013 Year Built	49,999 DWT	12,898⁷ Charter Rate ($)¹	Jun 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Titan Vessel Name	MR2 Product Tanker MR2 Product Tanker	2013 Year Built	49,999 DWT	14,919 Charter Rate ($)¹	Nov 2021 Expiration Date²	- Profit Sharing Arrangement/Premium
Bougainville Vessel Name	MR2 Product Tanker MR2 Product Tanker	2013 Year Built	50,626 DWT	13,578 Charter Rate ($)¹	Sep 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Pyxis Vessel Name	MR2 Product Tanker MR2 Product Tanker	2014 Year Built	49,998 DWT	13,331⁸ Charter Rate ($)¹	Jan 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Luminosity Vessel Name	MR2 Product Tanker MR2 Product Tanker	2014 Year Built	49,999 DWT	17,034 14,813 Charter Rate ($)¹	Nov 2021 Nov 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Jupiter Vessel Name	MR2 Product Tanker MR2 Product Tanker	2014 Year Built	49,999 DWT	15,504⁹ Charter Rate ($)¹	Aug 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Velocity Vessel Name	MR2 Product Tanker MR2 Product Tanker	2015 Year Built	49,999 DWT	15,553¹⁰ Charter Rate ($)¹	Nov 2024 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Sextans Vessel Name	MR2 Product Tanker MR2 Product Tanker	2015 Year Built	49,999 DWT	13,764¹¹ Charter Rate ($)¹	Apr 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Total - 18 Vessels			901,448

Daily charter-out rate net of commissions, where applicable.
Assumed midpoint of redelivery by charterers or company’s best estimate.
Profit sharing arrangement of 100% above $6,419 and 25% above $8,888.
Charterer has the option to charter the vessel for an optional six months period at a rate of $12,591 net per day.
Charterer’s option to extend the charter for up to 18 months at $15,306 net per day.
Charterer’s option to extend the charter for up to 18 months at $14,887 net per day.
Charterer’s option to extend the charter for up to six months at $13,956 net per day.
Charterer’s option to extend the charter for six months at $14,438 net per day.
Charterer’s option to extend the charter for an optional year up to at a rate of $16,491 net per day.
Charterer’s option to extend the charter for one year at $16,540 net per day plus one year at $17,528 net per day.
Charterer’s option to extend the charter for up to six months at $15,689 net per day.
Charterer’s option to extend the charter for an optional year at $14,438 net per day.

NMM Fleet - LR1 Product Tankers

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

Nave Cielo Vessel Name	LR1 Product Tanker LR1 Product Tanker	2007 Year Built	74,671 DWT	12,994 Charter Rate ($)¹	Apr 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Ariadne Vessel Name	LR1 Product Tanker LR1 Product Tanker	2007 Year Built	74,671 DWT	Floating rate Charter Rate ($)¹	Feb 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Aurora N Vessel Name	LR1 Product Tanker LR1 Product Tanker	2008 Year Built	63,495 DWT	Floating rate Charter Rate ($)¹	Feb 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Lumen N Vessel Name	LR1 Product Tanker LR1 Product Tanker	2008 Year Built	63,599 DWT	Floating rate Charter Rate ($)¹	Feb 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Andromeda Vessel Name	LR1 Product Tanker LR1 Product Tanker	2011 Year Built	75,000 DWT	Floating rate Charter Rate ($)¹	Dec 2021 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Cetus Vessel Name	LR1 Product Tanker LR1 Product Tanker	2012 Year Built	74,581 DWT	16,088³ Charter Rate ($)¹	Jan 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Cassiopeia Vessel Name	LR1 Product Tanker LR1 Product Tanker	2012 Year Built	74,711 DWT	Floating rate Charter Rate ($)¹	Dec 2021 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Estella Vessel Name	LR1 Product Tanker LR1 Product Tanker	2012 Year Built	75,000 DWT	13,234 13,716⁴ Charter Rate ($)¹	Dec 2021 Jun 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Rigel Vessel Name	LR1 Product Tanker LR1 Product Tanker	2013 Year Built	74,673 DWT	16,088³ Charter Rate ($)¹	Jan 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Nave Atropos Vessel Name	LR1 Product Tanker LR1 Product Tanker	2013 Year Built	74,695 DWT	14,813 Charter Rate ($)¹	Apr 2022 Expiration Date²	- Profit Sharing Arrangement/Premium
Total - 10 Vessels			725,096

Daily charter-out rate net of commissions, where applicable.
Assumed midpoint of redelivery by charterers or company’s best estimate.
Charterer has the option to charter the vessel for an optional year at a rate of $17,063 net per day.
Charterer has the option to extend for six months at $15,400.

NMM Fleet - VLCC's

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

Nave Photon Vessel Name	VLCC VLCC	2008 Year Built	297,395 DWT	7,900³ Charter Rate ($)¹	Dec 2021 Expiration Date²	- Profit Share Arrangements
Nave Galactic Vessel Name	VLCC VLCC	2009 Year Built	297,168 DWT	17,775⁴ Charter Rate ($)¹	Jun 2022 Expiration Date²	As per footnote Profit Share Arrangements
Nave Spherical Vessel Name	VLCC VLCC	2009 Year Built	297,188 DWT	Floating⁵ Charter Rate ($)¹	Dec 2022 Expiration Date²	- Profit Share Arrangements
Nave Constellation Vessel Name	VLCC VLCC	2010 Year Built	296,988 DWT	8,888 Charter Rate ($)¹	Nov 2021 Expiration Date²	- Profit Share Arrangements
Nave Quasar Vessel Name	VLCC VLCC	2010 Year Built	297,376 DWT	16,788⁶ Charter Rate ($)¹	Feb 2023 Expiration Date²	As per footnote Profit Share Arrangements
Nave Synergy Vessel Name	VLCC VLCC	2010 Year Built	299,973 DWT	32,588 Charter Rate ($)¹	May 2022 Expiration Date²	- Profit Share Arrangements
Nave Universe Vessel Name	VLCC VLCC	2011 Year Built	297,066 DWT	17,775⁴ Charter Rate ($)¹	Apr 2022 Expiration Date²	As per footnote Profit Share Arrangements
Nave Buena Suerte Vessel Name	VLCC VLCC	2011 Year Built	297,491 DWT	47,906+PS⁷ Charter Rate ($)¹	Jun 2025 Expiration Date²	As per footnote Profit Share Arrangements
Total - 8 Vessels			2,380,645

Daily charter-out rate net of commissions, where applicable.
Assumed midpoint of redelivery by charterers or company’s best estimate.
Charterers option to extend for three months at $18,269.
Contract provides adjusted BITR TD3C-TCE index with a floor of $17,775, 100% to Navios up to collar $38,759 and 50% thereafter. Charterer’s option to extend for six months at same terms.
Contract provides 100% of BITR TD3C-TCE index plus $5,000 premium. Charterer’s option to extend for one year at TD3C-TCE index plus $1,500 premium.
Contract provides 100% of BITR TD3C-TCE index up to $37,031 and 50% thereafter with $16,788 floor.
Profit sharing arrangement of 35% above $54,388, 40% above $59,388 and 50% above $69,388.

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	27,816³ Charter Rate ($)¹	Oct 2030 Expiration Date²	- Profit Share Arrangements
Nave Electron Vessel Name	VLCC VLCC	2021 Year Built	313,239 DWT	47,906 + PS⁴ Charter Rate ($)¹	Jul 2026 Expiration Date²	As per footnote Profit Share Arrangements
Erbil Vessel Name	VLCC VLCC	2021 Year Built	313,486 DWT	27,816³ Charter Rate ($)¹	Feb 2031 Expiration Date²	- Profit Share Arrangements
Total - 3 Vessels			940,158

Daily charter-out rate net of commissions, where applicable.
Assumed midpoint of redelivery by charterers or company’s best estimate.
Charterer’s option to extend the bareboat charter for five years at $29,751 net per day.
Profit sharing arrangement of 35% above $54,388, 40% above $59,388 and 50% above $69,388

VLCC to be Delivered

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

TBN XIV Vessel Name	VLCC VLCC	2022 Year Built	310,000 DWT	- Charter Rate ($)¹	- Expiration Date²	- Profit Share Arrangements
Total - 1 Vessels			310,000

Daily charter-out rate net of commissions, where applicable.
Assumed midpoint of redelivery by charterers or company’s best estimate.

Total Tankers - 45 Vessels of 5,420,124 DWT

Note: Fleet Data as of November 23, 2021