Navios Maritime Partners LP (NMM) CEO Angeliki Frangou on Q1 2019 Results - Earnings Call Transcript

Navios Maritime Partners LP (NYSE:NMM) Q1 2019 Earnings Conference Call May 6, 2019 8:30 AM ET

Company Participants

Angeliki Frangou - Chairman & CEO
Efstratios Desypris - CFO
Georgios Achniotis - EVP, Business Development & Director

Conference Call Participants

Noah Parquette - JPMorgan Chase & Co.
Randall Giveans - Jefferies

Operator

Thank you for joining us for Navios Maritime Partners first quarter 2019 earnings conference call. With us today from the company are Chairman and CEO, Angeliki Frangou; Chief Financial Officer, Mr. Stratos Desypris; and Executive Vice President of Business Development, Mr. Georgios Achniotis.

As a reminder, this conference call is being webcast. To access the webcast, please go to the Investor Section of Navios Partners website at www.navios-mlp.com. You'll see the webcast link in the middle of the page and a copy of the presentation referencing today's earnings conference will also be found there.

Now I will review the safe harbor statement. This conference call could contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 about Navios Partners. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are based upon the current belief and expectations of Navios Partners management and subject to numerous material risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements. Such risks are more fully discussed in Navios Partners filings with the Securities and Exchange Commission, including the company's most recent 20-F. The information discussed on this call should be understood in light of such risks. Navios Partners does not assume any obligation to update the information contained in this conference call.

The agenda for today's call is as follows: first, Ms. Frangou will offer opening remarks. Next, Mr. Desypris will give an overview of Navios Partners financial results. And then Mr. Achniotis will provide an operational update and