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Navios Maritime CEO Discusses Q3 2010 Results – Earnings Call Transcript

Navios Maritime Holdings, Inc. ( NM)

Q3 2010 Earnings Call Transcript

October 27, 2010 8:30 am ET


Nicolas Bornozis – IR, Capital Link Inc.

Angeliki Frangou – Chairman and CEO

Efstratios Desypris – CFO

George Achniotis – EVP, Business Development


John Chappell – JP Morgan

Natasha Boyden – Cantor Fitzgerald

Michael Webber – Wells Fargo

Urs Dür – Lazard Capital

Seth Glickenhaus – Glickenhaus & Company



Thank you for standing by, ladies and gentlemen. And welcome to Navios Maritime Partners conference call on their third quarter and nine months 2010 financial results. We have with us Ms. Angeliki Frangou, Chairman and CEO; Mr. Efstratios Desypris, Chief Financial Officer; and, Mr. George Achniotis, Executive Vice President for Business Development of the company.

At this time, all participants are in a listen-only mode. There will be a presentation, followed by a question-and-answer session. (Operator Instructions) I must advise you that this conference is being recorded today on Wednesday, October the 27th for year 2010. We now pass the floor to Mr. Nicolas Bornozis, President of Capital Link, Investor Relations Advisor to Navios Maritime Partners. Please go ahead, sir.

Nicolas Bornozis

Thank you, and good morning to all of our participants. This is Nicolas Bornozis of Capital Link, Investor Relations Advisor to Navios Maritime Partners LP.

The company released financial results for the third quarter and nine-month period ended September 30, 2010. The press release has been distributed publicly and is also available on the company's Web site under the Investor Relations section at On the Web site, in the same section and also under Events, you can access and download the slides used in today's conference call and webcast, and you can also access the webcast itself. You're also welcome to call us at 212-661-7566 or email us at and we will send you the press release and the slides.

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