Navios Maritime Acquisition Corp.

Fleet

 Operating Fleet

Vessel Name Vessel Type Year Built DWT

Charter Expiration Date

Net Charter Rate (daily)  Profit Sharing
Nave Atropos

LR1 Product Tanker

2013 74,695

Nov 2019

Floating rate

 

Nave Rigel

LR1 Product Tanker

2013 74,673

Aug 2019

$18,022

50%/ 50%

Nave Estella

LR1 Product Tanker

2012 75,000

Mar 2019

$13,260 (2)

 

Nave Cassiopeia

LR1 Product Tanker

2012 74,711

Feb 2018

Floating rate

 
Nave Cetus

LR1 Product Tanker

2012 74,581

Apr 2019

$18,022

50%/ 50%

Nave Andromeda 

LR1 Product Tanker

2011  75,000 

Aug 2018

Floating rate

 

Nave Cielo 

LR1 Product Tanker

2007  74,671 

May 2018

Aug 2018

$17,775

Floating rate

50%/ 50% 

Nave Ariadne  LR1 Product Tanker  2007  74,671 

Nov 2018

Floating rate

 

             
Nave Velocity

MR2 Product/Chemical Tanker

2015 49,999

May 2020

$12,097

 50%/ 50%

Nave Sextans

MR2 Product/Chemical Tanker

2015 49,999 Feb 2019

$13,250 (12)

 50%/ 50%
Nave Pyxis

MR2 Product/Chemical Tanker

2014 49,998 Mar 2019

$13,250 (12)

 50%/ 50%
Nave Luminosity

MR2 Product/Chemical Tanker

2014 49,999

Sep 2018

Sep 2019

$11,850

$12,097

50%/ 50%

Nave Jupiter

MR2 Product/Chemical Tanker

2014 49,999

May 2019

$12,097

50%/ 50%

Bougainville

MR2 Product/Chemical Tanker

2013 50,626

Sep 2019

$14,138 (3)

 100%

Nave Alderamin

MR2 Product/Chemical Tanker

2013 49,998

Feb 2019

$13,260

 

Nave Capella

MR2 Product/Chemical Tanker

2013 49,995

Jan 2019

$13,331 (10)

 

Nave Titan

MR2 Product/Chemical Tanker

2013 49,999 Jun 2019

$11,850

50%/ 50%
Nave Orion

MR2 Product/Chemical Tanker

2013 49,999

Mar 2019

$13,260

 

Nave Bellatrix

MR2 Product/Chemical Tanker

2013 49,999

Dec 2018

$13,331 (10)

 

Nave Aquila MR2 Product/Chemical Tanker 2012 49,991

Nov 2018

$13,331 (10)

 

Nave Atria MR2 Product/Chemical Tanker 2012

49,992

July 2019

$11,850

50%/ 50%

Nave Orbit  MR2 Product/Chemical Tanker 2009  50,470 

Nov 2018

$13,500 (7)

 
Nave Equator MR2 Product/Chemical Tanker 2009  50,542 

Oct 2018

$13,000 (11)  
Nave Equinox MR2 Product/Chemical Tanker 2007 50,922  Jan 2019 $13,578 (9)  Ice transit premium
Nave Pulsar MR2 Product/Chemical Tanker 2007 50,922 

Oct 2018

$12,344 (4)

50%/ 50% and Ice transit premium
Nave Dorado  MR2 Product Tanker  2005  47,999  Jan 2019 $13,331 (6)  
             
Nave Cosmos

Chemical/Product Tanker

2010 25,130

Nov 2018

Floating rate

 

Nave Polaris

Chemical/Product Tanker

2011 25,145 

Nov 2018

Floating rate

 

Nave Electron VLCC (1) 2002 305,178 Sep 2018 Floating rate  
Nave Neutrino VLCC (1) 2003 298,287

Sep 2018 

Floating rate  
Nave Photon VLCC 2008 297,395 Aug 2019 $19,750+ PS (5) 100%
Nave Spherical VLCC  2009 297,188 Aug 2019 $19,750+ PS (5) 100% 
Nave Quasar VLCC 2010 297,376

Aug 2019

$19,500+ PS (8) 50%/50%
Navios Synergy VLCC 2010 299,973 Aug 2019 $19,750+ PS (5) 100% 
Navios Buena Suerte VLCC (1) 2011 297,491 Aug 2019 $19,500+ PS (8) 50%/50%
Note: For vessels designated Product/Chemical or Chemical/Product, the first category is the probable primary trade for that vessel.

(1) Navios Acquisition has extended an option to Navios Maritime Midstream Partners, exercisable until November 2018, to purchase 3 VLCCs at fair market value.

(2) Charterer's option to extend the charter for one year at $14,625 net per day.

(3) Rate increases to $14,420 for the second year of the contract. Rate can reach a maximum of $19,013 net per day in year one and $19,393 in year two, calculated based on a formula. Charterer's option to extend the charter for two years at $14,708 net per day plus profit sharing first year and $15,002 net per day plus profit sharing second year. 

(4) Charterer's option to extend the charter for one year at $13,455 net per day.

(5) Rate applicable to first 9 months; last three months on floating rate. Profit sharing arrangement 100% on actual pool earnings. Any adjustment by the charterers for the expense/loss will be settled initially in January 2019 and every two months thereafter.

(6) Charterer's option to extend the charter for six months at $14,813 net per day.

(7) Charterer's option to extend the charter for one year at $14,750 net per day.

(8) Charterer's option to extend the charter for one year at $20,475 net per day + profit sharing. Profit sharing arrangement 50% on actual pool earnings. Any adjustment by the charterers for the expense/loss will be provisionally settled on a quarterly basis and finally settled at the end of the charter period.

(9) Charterer's option to extend for one year at $14,813 net per day. Rate increases by $1,876 when trading in ice.

(10) Charterer's option to extend the charter for one year at $14,566 net per day.

(11) Charterer's option to extend the charter for one year at $14,250 net per day.

(12) Charterer's option to extend the charter for one year at $14,500 net per day.