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Navios Maritime Holdings' President Presents At JPMorgan Aviation, Transportation & Defense Conference Call (Transcript)

Navios Maritime Holdings Inc. ( NM)

JPMorgan Aviation, Transportation & Defense Conference Call

March 15, 2012 8:45 am ET


Ted C. Petrone – President

George Achniotis – Chief Financial Officer


Unidentified Analyst

All right, well good morning everyone. For those of you that don’t know me, my name is (inaudible), I work in the high-yield credit research side covering Navios and shipping industry in general. So our first presentation this morning will be from Navios Maritime Holdings.

And with us, we have presenting Ted Petrone, President of Navios Holdings and George Achniotis, CFO of the company. So thank you guys for being here. I appreciate your time and I will turn it over to you. Thanks.

Ted C. Petrone

Thank you [Janet], it’s always a pleasure to be here to be associated with JPMorgan. It’s a privilege for the Navios Group. My name is Ted Petrone, I’m the President of Navios. With me is George Achniotis, the CFO.

We will do some slides, I will take the first half, George will take the more important financials on the second half. You can see the management team Angeliki Frangou, our CEO and Chairman is in Athens. Unfortunately, couldn’t make it. George [Achniotis], we have [Stratos] our Chief Financial Officer, myself, Leonidas Korres is also here. You will be seeing Navios if you stay in this room all through the morning. We blocked up the morning, so you get to see all the Navios Group.

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