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UNITED STATES
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: May 24, 2011
Commission File No. 001-33311
NAVIOS MARITIME HOLDINGS INC.
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
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
The following information is incorporated by reference into the Registration Statements
on Form F-3, File Nos. 333-136936 and 333-165754, and the Registration Statement on Form S-8, File
No. 333-147186:
On May 18, 2011, Navios Maritime Holdings Inc. (Navios Holdings) announced the sale of the
Navios Orbiter, a 2004-built Panamax vessel of 76,602 deadweight tons (dwt), and the Navios Luz,
a 2010-built Capesize vessel of 179,144 dwt, to Navios Maritime Partners L.P. (Navios Partners)
for a total consideration of $130.0 million, payable in the form of $120.0 million in cash and
507,916 common units of Navios Partners. A copy of the press release is furnished as Exhibit 99.1
to this Report and is incorporated herein by reference.
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.
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NAVIOS MARITIME HOLDINGS INC.
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By: |
/s/ Angeliki Frangou
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Angeliki Frangou |
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Chief Executive Officer
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Date: May 24, 2011 |
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EXHIBIT INDEX
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Exhibit No. |
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Exhibit |
99.1 |
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Press Release, dated May 18, 2011. |
exv99w1
Exhibit 99.1
Navios Maritime Holdings Inc. Announces Sale of Navios
Orbiter and Navios Luz
Piraeus, Greece, May 18, 2011 Navios Maritime Holdings Inc. (Navios Holdings) (NYSE:
NM), a global, vertically integrated seaborne shipping and logistics company, announced today that
it has agreed to sell the Navios Orbiter, a 2004-built Panamax vessel of 76,602 dwt, and the Navios
Luz, a 2010-built Capesize vessel of 179,144 dwt, to Navios Maritime Partners L.P. (Navios
Partners) (NYSE: NMM) for a total consideration of $130.0 million, payable in the form of $120.0
million in cash and 507,916 common units in Navios Partners.
Navios Holdings intends to use the proceeds from the sale of these vessels for operating purposes,
such as repayment of indebtedness or reinvestment in vessels.
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 drybulk 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 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 Holdings subsidiaries. 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 completion of the offering. 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, including
market conditions. Actual results may differ materially from those expressed or implied by such
forward-looking statements. 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.
Contact:
Navios Maritime Holdings Inc.
+1.212.906.8643
investors@navios.com