Navios Maritime Partners LP is an owner of a fleet of seaborne drybulk carriers out of Piraeus, Greece. It was formed by Navios Maritime Holdings Inc. (NYSE: NM) and is a member of the Baltic Dry Index (BDI). The Partners operates 9 Panamax and 1 Capsize ships. Charters average 4.6 years. The ships are primarily used for commodities, including iron ore, coal, fertilizer grain and fertilizer