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Navios Maritime Holdings Inc. ("Navios Holdings") is a global, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain. Navios Holdings was created in 1954 by United States Steel to transport iron ore to the United States and Europe. Since then, Navios has diversified geographically and expanded the scope of its business activities such that Navios Holdings currently is a global carrier of dry bulk goods, controlling 54 vessels totaling approximately 5.5 million deadweight tons. Today, Navios Holdings is a public company whose shares are listed on the New York Stock Exchange under the symbol "NM".

Navios Holdings maintains offices in Piraeus-Greece, New York-USA, Montevideo-Uruguay, Antwerp-Belgium, Buenos Aires-Argentina and Asuncion-Paraguay.

The Navios Group of companies includes Navios Maritime Partners, LP, listed on the NYSE under the symbol "NMM" and Navios Maritime Acquisition Corporation, listed on the NYSE under the symbol "NNA" and Navios South American Logistics Inc. As a total, Navios Group controls 102 vessels (owned and long term charted-in) and about 10.9 million deadweight tons (of which 73 are dry bulk vessels = 7.6 million dwt and 29 are tanker vessels = 3.3 million dwt).

On February 2, 2007, Navios Holdings acquired all of the outstanding share capital of Kleimar for a cash consideration of $165.6 million (excluding direct acquisition costs), subject to certain adjustments. Kleimar is a Belgian maritime transportation company established in 1993. Kleimar is the owner and operator of Capesize, Panamax and Handymax vessels used in the transportation of cargoes and has an extensive COA business.

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