Reuters logo
TEXT-S&P revises Navios Maritime Acq outlook to neg, afrms 'B' rtg
2012年5月11日 / 上午11点24分 / 6 年前

TEXT-S&P revises Navios Maritime Acq outlook to neg, afrms 'B' rtg

May 11 -


-- Trading conditions in the product tanker shipping industry remain difficult in our view, prompting us to revise our charter rate assumptions for 2012-2013 downward.

-- Pressure on Navios Maritime Acquisition Corp.’s earnings and credit measures has increased, given the uncertain industry outlook and the company’s higher debt due to its recent acquisition of new vessels.

-- We are revising our outlook on Navios Acquisition to negative from stable and affirming our ‘B’ rating on the company.

-- The negative outlook reflects our view that Navios Acquisition might be unable to improve its credit measures to a rating-commensurate level in the near to medium term.

Rating Action

On May 11, 2012, Standard & Poor’s Ratings Services revised its outlook on Marshall Island-registered tanker shipping company Navios Maritime Acquisition Corp. (Navios Acquisition) to negative from stable. At the same time, we affirmed our ‘B’ long-term corporate credit rating on the company.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below