Welcome to our dedicated page for Navios Maritime news (Ticker: NM), a resource for investors and traders seeking the latest updates and insights on Navios Maritime stock.
Navios Maritime Holdings Inc. (NYSE: NM) is a leading maritime infrastructure specialist operating through subsidiaries Navios South American Logistics Inc. and Navios Maritime Partners L.P. This page provides investors with essential updates on strategic developments, financial performance, and operational milestones across its marine transportation and port terminal networks.
Discover consolidated news about NM's logistics solutions for petroleum, agricultural, and mining sectors, including fleet expansions and regional market activities. Users gain access to earnings reports, partnership announcements, and management commentary – all critical for informed analysis of this South American maritime leader.
Bookmark this resource for real-time updates on NM's integrated storage services, Hidrovia region operations, and investor communications. Check regularly for new press releases and curated coverage of the company's evolving role in global supply chain infrastructure.
Navios Maritime Holdings (NYSE: NM) filed its Annual Report on Form 20-F for the fiscal year ending December 31, 2022, with the SEC. This report is accessible on their website under the 'Investors' section. Shareholders can request a hard copy of the audited financial statements at no charge by contacting the company directly. Navios Holdings has a controlling interest in Navios South American Logistics Inc. and holds an interest in Navios Maritime Partners L.P., both of which are significant players in the logistics and shipping sectors.
Navios Maritime Holdings reported its Q4 2022 and full-year 2022 results on March 9, 2023. The company achieved a net income of $87.3 million for FY 2022, contrasted with a loss in the previous year. Q4 2022 revenue reached $52.6 million, up from $49.2 million in Q4 2021. The EBITDA for FY 2022 was $355.1 million, showing strong overall performance. Navios Logistics experienced a 20% increase in adjusted EBITDA to $94.1 million, driven by significant growth in port transshipments and rising cargo volumes. The company focuses on expanding its logistics operations in the Hidrovia region following the sale of its drybulk fleet.
