Navios Maritime Holdings Inc. Names Jeremy J. Bryan Chief Operating Officer
August 27 2018 - 6:48AM
Navios Maritime Holdings Inc. ("Navios" or "the Company") (NYSE:
NM), today announced the appointment of Jeremy J. Bryan as Chief
Operating Officer of Navios Corporation effective as of February 1,
2019.
Angeliki Frangou stated, “We welcome Jeremy to
the Navios Group. Jeremy is a trusted leader whose unique
background adds significant expertise and a wealth of knowledge to
our commercial operations. Mr. Bryan will add to Navios’
capabilities and its network of global relationships.”
Mr. Bryan joins Navios Corporation from Cargill
International S.A. where he worked since 1992. Mr. Bryan
served in various positions during his tenure there, most recently
as Global Head of Drybulk Trading, having previously served as the
head of the Panamax and Handymax trading departments.
Mr. Bryan Served as a Lieutenant in the Dutch
Military and has a Bachelor of Business Administration from the
Nijenrode Business University.
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 dry bulk
commodities including iron ore, coal and grain. For more
information about Navios Holdings please visit our website:
www.navios.com.
Forward Looking Statements - Safe Harbor This
press release contains and will contain 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, including cash flow generation
for the remainder of 2018, future contracted revenues, potential
capital gains, our ability to take advantage of dislocation in the
market and any market recovery, and Navios Holdings' growth
strategy and measures to implement such strategy; including
expected vessel acquisitions and entering into further time
charters. Words such as “may,” “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 expected revenue and time charters. These forward-looking
statements are based on the information available to, and the
expectations and assumptions deemed reasonable by Navios Holdings
at the time these statements were made. 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. Actual results may differ
materially from those expressed or implied by such forward-looking
statements. Factors that could cause actual results to differ
materially include, but are not limited to uncertainty relating to
global trade, including prices of seaborne commodities and
continuing issues related to seaborne volume and ton miles, our
continued ability to enter into long-term time charters, our
ability to maximize the use of our vessels, expected demand in the
dry cargo shipping sector in general and the demand for our
Panamax, Capesize and Ultra Handymax vessels in particular,
fluctuations in charter rates for dry cargo carriers vessels, the
aging of our fleet and resultant increases in operations costs, the
loss of any customer or charter or vessel, the financial condition
of our customers, changes in the availability and costs of funding
due to conditions in the bank market, capital markets and other
factors, increases in costs and expenses, including but not limited
to: crew wages, insurance, provisions, port expenses, lube oil,
bunkers, repairs, maintenance, and general and administrative
expenses, the expected cost of, and our ability to comply with,
governmental regulations and maritime self-regulatory organization
standards, as well as standard regulations imposed by our
charterers applicable to our business, general domestic and
international political conditions, competitive factors in the
market in which Navios Holdings operates, the value of our publicly
traded subsidiaries, risks associated with operations outside the
United States, Vale’s obligations under the Vale port contract, and
other factors listed from time to time in Navios Holdings' filings
with the Securities and Exchange Commission, including its Forms
20-F and Forms 6-K. 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. Navios Holdings makes no prediction
or statement about the performance of its common stock.
Contact:Navios Maritime Holdings
Inc.+1.212.906.8643investors@navios.com
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