Navios Maritime Containers L.P. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2020
Navios Maritime Containers LP Common Units (NMCI)
Company Research
Source: GlobeNewswire
Revenue $69.1 million for H1 2020$28.8 million for Q2 2020 Cash (used in)/provided by operating activities $(4.5) million for H1 2020$2.5 million for Q2 2020 EBITDA $24.9 million for H1 2020$7.0 million for Q2 2020 Net income/(loss) $2.9 million for H1 2020$(2.1) million for Q2 2020 Charter Extensions Time charters of two 10,000 TEU vessels extended through 2026 Debt Maturities No significant debt maturities until 2023 MONACO, July 23, 2020 (GLOBE NEWSWIRE) -- Navios Maritime Containers L.P. (“Navios Containers” or the “Company”) (NASDAQ: NMCI), a growth vehicle dedicated to the container sector of the maritime industry, today reported its financial results for the second quarter and six months ended June 30, 2020. Angeliki Frangou, Chairman and Chief Executive Officer, stated, "I am pleased with our results for the second quarter of 2020. The container trade was severely hurt by global quarantine in place for much of the second quarter of 2020. Yet, Navios Containers r
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