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Blue Chip Growth

Stock Report: Navios Maritime Holdings Inc. (NM) Report Updated: May 04, 2016 | Print This Page

Navios Maritime Holdings Inc.© quotemedia

Company Profile

Navios Maritime Holdings Inc. operates as a seaborne shipping and logistics company. It focuses on the transportation and transshipment of dry bulk commodities, including iron ore, coal, and grains. It operates in two segments, Dry bulk Vessel Operations and Logistics Business. The Dry bulk Vessel Operations segment engages in the transportation and handling of bulk cargoes through the ownership, operation, and trading of vessels, freight, and forward freight agreements. This segment charters its vessels to trading houses, producers, and government-owned entities. The Logistics Business segment operates ports and transfer station terminals; handles vessels, barges, and push boats; and operates upriver transport facilities in the Hidrovia region. This segment provides its integrated transportation, storage, and related services through its port facilities, fleet of dry and liquid cargo barges, and product tankers to mineral and grain commodity providers, as well as users of refined petroleum products. The company’s fleet consists of 66 vessels totaling 6.6 million deadweight tons. It operates in North America, Europe, Asia, South America, and internationally. Navios Maritime Holdings Inc. is based in Monte Carlo, Monaco.