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NMM has a strong balance sheet with low leverage, 43.5% in combined net-debt-to-book capitalization and man has diversification and scale with an 85 vessel fleet we ranked in the top-10 among the publicly incited cargo fleet, about 66% of our available base assets at an average charter rate of $18,612 net per day and 34% of our fleet available days are open or the index link. Angeliki Frangou forced Navios Maritime Holdings' preferred shareholders into a "prisoner's dilemma" in an attempt to push them out and fatten her own bank account, a lawsuit alleges. On Slide 8, we lay out global GDP growth since 1970. On the grain side, global grain trade continues to be supported by an ever-increasing world population. There's always a replacement to give, you know, one of the things that we said from, and I think, Stratos also mentioned, we have an average age. Just to remind you, for your modeling purpose, so just to remind you that Navios containers the full results will be included in our results from first April as the measure is expected to close on March 31. Thank you, George. And in terms of those sort of three, are you willing to rank at the moment of those three, which is the most appealing or if one outranks the other two or any sort of color you can give on how you are thinking strategically about whether you decide to pay down debt, pay back shareholders or grow the company. Now I turn the call over to Navios Partners' Chairman and CEO, Mr. Angeliki Frangou. Yet we still have 2,473 open or index-linked days. Furthermore, protocols for contactless operations and repatriations have been created and IT systems were overhauled to facilitate all these. Angeliki Frangou: A Greek shipping magnate who sails into the wind You can pay down debt aggressively, you can reward shareholders aggressively and you can actually acquire assets fairly aggressively. About one-third of our fleet will be in each of the dry . Please turn to Slide 21. The holder of the Convertible Debentures will be entitled to vote on an "as converted" basis along with the company's common shareholders. So you always have to be very alert to see what is the best area where the opportunity lies. We operate in three segments, have 15 diversified vessel types, and serve over 10 end market. Now I will review the safe harbor statement. In Slide 11, you can see the strength and stability of our balance sheet. Going forward, a merger between the company and Navios Maritime Partners is still likely with Ms. Frangou grabbing a large stake in the combined entity. PIRAEUS, GREECE--(Marketwire - Feb 27, 2013) - Angeliki Frangou, Chairman and CEO of the Navios Group of Companies, is featured on CNN International's Leading Women with Becky Anderson in a three Part Series airing this month.
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