Navios Maritime is a global shipping company providing transportation, trading, storage, and logistics services for bulk cargoes. The company owns, rents, and operates a fleet of 57 vessels with total carrying capacity of 6.0 million deadweight tons with an average age of 4.6 years. In addition, the company owns a Uruguay-based port terminal and formed its South American logistics business in early-2008. Incorporated in 1954, the company went public in 2005 and is based out of Piraeus, Greece.