Navios Maritime Holdings Inc. Announces Delivery of Two Panamax Vessels

Navios Maritime Holdings Inc. Announces Delivery of Two Panamax Vessels 
MONACO -- (Marketwired) -- 10/01/13 --  Navios Maritime Holdings Inc.
("Navios Holdings") (NYSE: NM), a global, vertically integrated
seaborne shipping and logistics company, announced today that two
Panamax vessels were delivered to Navios Holdings' owned fleet. 
The Navios Taurus a 2005-built Panamax vessel of 76,596 dwt was
delivered to Navios Holdings' owned fleet on September 17, 2013. The
vessel is chartered-out for approximately six months at a rate of
$9,263 net per day. 
The Navios Northern Star a 2005-built Panamax vessel of 75,395 dwt
was delivered to Navios Holdings' owned fleet on September 19, 2013.
The vessel is chartered-out for approximately seven months at a rate
of $11,400 net per day. 
Fleet Update
 Following the delivery of the Navios Taurus and the
Navios Northern Star, Navios Holdings has 52 vessels in the water. 
Navios Holdings has contracted 92.7% and 25.1% of its available days
on a charter-out basis for 2013 and 2014, respectively. 
About Navios Maritime Holdings Inc.
 Navios Maritime Holdings Inc.
(NYSE: NM) is a global, vertically integrated seaborne shipping and
logistics company focused on the transport and transshipment of
drybulk commodities including iron ore, coal and grain. For more
information about Navios Holdings please visit our website:
www.navios.com. 
Forward-Looking Statements
 This press release contains
forward-looking statements (as defined in Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended) concerning future events and Navios
Holdings' subsidiaries. Words such as "expects," "intends," "plans,"
"believes," "anticipates," "hopes," "estimates," and variations of
such words and similar expressions are intended to identify
forward-looking statements. Such statements include comments
regarding completion of the offering. Although Navios Holdings
believes that the expectations reflected in such forward-looking
statements are reasonable, no assurance can be given that such
expectations will prove to have been correct. These statements
involve known and unknown risks and are based upon a number of
assumptions and estimates which are inherently subject to significant
uncertainties and contingencies, many of which are beyond the control
of Navios Holdings, including market conditions. Actual results may
differ materially from those expressed or implied by such
forward-looking statements. Navios Holdings expressly disclaims any
obligations or undertaking to release publicly any updates or
revisions to any forward-looking statements contained herein to
reflect any change in Navios Holdings' expectations with respect
thereto or any change in events, conditions or circumstances on which
any statement is based. 
Contact:
Navios Maritime Holdings Inc.
+1.212.906.8643
investors@navios.com