e6vk
 
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
Dated: June 29, 2010
Commission File No. 001-33811
NAVIOS MARITIME PARTNERS L.P.
85 Akti Miaouli Street, Piraeus, Greece 185 38
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F:
Form 20-F þ Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes o No þ
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes o No þ
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes o No þ
 
 

 


 

     On June 29, 2010, Mr. Efstathios Loizos resigned, effective as of such date, from his position as an elected director of Navios Maritime Partners L.P. (the “Company”). On July 15, 2010, Mr. Michael Sarris was appointed as an elected director of the Company by all of the remaining elected directors to fill the vacancy created by Mr. Loizos’ resignation. Mr. Sarris will serve as a Class II director whose term will expire at the 2010 Annual Meeting or until earlier resignation or removal. Mr. Sarris will serve as member of the Audit Committee and as a member of the Conflicts Committee.
     The Company issued a press release on July 21, 2010 with respect to Mr. Loizos’ resignation and Mr. Sarris’ appointment. The press release is furnished as Exhibit 99.1 to this Report and is incorporated herein by reference.
     The information contained in this Report is hereby incorporated by reference into the Registration Statement on Form F-3, File No.  333-157000.

 


 

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
         
  NAVIOS MARITIME PARTNERS L.P.
 
 
  By:   /s/ Angeliki Frangou   
  Angeliki Frangou   
  Chief Executive Officer
Date: July 22, 2010
 
 

 


 

EXHIBIT INDEX
     
Exhibit No.   Exhibit
 
   
99.1
  Press Release dated July 21, 2010.

 

exv99w1
Exhibit 99.1
(LOGO)
NAVIOS MARITIME PARTNERS L.P.
ANNOUNCES
APPOINTMENT OF MICHAEL SARRIS TO BOARD
Piraeus, Greece, July 21, 2010 - Navios Maritime Partners L.P. (“Navios Partners”) (NYSE: NMM), an owner and operator of dry cargo vessels, announced today the appointment of Michael Sarris to its Board of Directors.
Mr. Michael Sarris previously was the Minister of Finance of the Republic of Cyprus from September 2005 to March 2008. Prior to that he has been a Director of the World Bank where he has served for 29 years. Mr. Sarris holds a bachelor degree in Economics from the London School of Economics and a Doctorate in Economics from Wayne State University.
“We are delighted Mr. Sarris has joined our board and believe that he will be an important asset to our company,” said Ms. Angeliki Frangou, Chairman and CEO of Navios Maritime Partners L.P.
Michael Sarris fills the seat made vacant by the resignation of Efstathios Loizos.
ABOUT NAVIOS MARITIME PARTNERS L.P.
Navios Maritime Partners L.P. (NYSE: NMM), a publicly traded master limited partnership formed by Navios Maritime Holdings Inc. (NYSE: NM) is an owner and operator of dry cargo vessels. For more information, please visit our website at www.navios-mlp.com
Forward-Looking Statements
This press release contains 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 and Navios Partners’ growth strategy and measures to implement such strategy; including expected vessel acquisitions and entering into further time charters. Words such as “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. Although Navios Partners 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 Partners. 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 changes in the demand for dry bulk vessels, competitive factors in the market in which Navios Partners operates; risks associated with operations outside the United States;

 


 

and other factors listed from time to time in the Navios Partners’ filings with the Securities and Exchange Commission. Navios Partners 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 Partners’ expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
Contacts
Investor Relations Contact:
Navios Maritime Partners L.P.
Nicolas Bornozis
Capital Link, Inc.
Tel. (212) 661-7566
E-mail: naviospartners@capitallink.com