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Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2021

Summary of Significant Accounting Policies - Entities included in consolidation


Company name	Vessel name	Country of incorporation	2021	2020
Libra Shipping Enterprises Corporation⁽¹⁾	—	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Alegria Shipping Corporation	Navios Alegria	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Felicity Shipping Corporation⁽²⁾	—	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Gemini Shipping Corporation⁽³⁾	—	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Galaxy Shipping Corporation⁽⁴⁾	—	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Aurora Shipping Enterprises Ltd.	Navios Hope	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Palermo Shipping S.A.⁽⁵⁾	—	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Fantastiks Shipping Corporation⁽¹²⁾	Navios Fantastiks	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Sagittarius Shipping Corporation⁽¹²⁾	Navios Sagittarius	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Hyperion Enterprises Inc.	Navios Hyperion	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Chilali Corp.	Navios Aurora II	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Surf Maritime Co.	Navios Pollux	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Pandora Marine Inc.	Navios Melodia	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Customized Development S.A.	Navios Fulvia	Liberia	01/01 – 06/30	01/01 – 06/30
Kohylia Shipmanagement S.A.	Navios Luz	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Orbiter Shipping Corp.	Navios Orbiter	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Floral Marine Ltd.	Navios Buena Ventura	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Golem Navigation Limited⁽¹³⁾	Navios Soleil	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Kymata Shipping Co.	Navios Helios	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Joy Shipping Corporation	Navios Joy	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Micaela Shipping Corporation	Navios Harmony	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Pearl Shipping Corporation	Navios Sun	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Velvet Shipping Corporation	Navios La Paix	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Perigiali Navigation Limited⁽¹²⁾	Navios Beaufiks	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Finian Navigation Co.⁽¹²⁾	Navios Ace	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Ammos Shipping Corp.	Navios Prosperity I	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Wave Shipping Corp.	Navios Libertas	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Casual Shipholding Co.⁽¹²⁾	Navios Sol	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Avery Shipping Company	Navios Symphony	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Coasters Ventures Ltd.	Navios Christine B	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Ianthe Maritime S.A.	Navios Aster	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Rubina Shipping Corporation	Hyundai Hongkong	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Topaz Shipping Corporation	Hyundai Singapore	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Beryl Shipping Corporation	Hyundai Tokyo	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Cheryl Shipping Corporation	Hyundai Shanghai	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Christal Shipping Corporation	Hyundai Busan	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Dune Shipping Corp.⁽⁶⁾	—	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Citrine Shipping Corporation	—	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Cavalli Navigation Inc.	—	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Seymour Trading Limited⁽³²⁾	Navios Altair I	Marshall Is.	01/01 – 06/30	01/01 – 06/30
Goldie Services Company	Navios Symmetry	Marshall Is.	01/01 – 06/30	01/01 – 06/30

Andromeda Shiptrade Limited Navios Apollon I Marshall Is. 01/01 – 06/30 01/01 – 06/30

Esmeralda Shipping Corporation Navios Sphera Marshall Is. 01/01 – 06/30 01/01 – 06/30

Triangle Shipping Corporation Navios Mars Marshall Is. 01/01 – 06/30 01/01 – 06/30

Oceanus Shipping Corporation^(7)(19) Castor N Marshall Is. 01/01 – 06/30 01/01 – 06/30

Cronus Shipping Corporation⁽⁷⁾ Protostar N Marshall Is. 01/01 – 06/30 01/01 – 06/30

Leto Shipping Corporation^(7)(17) Esperanza N Marshall Is. 01/01 – 06/30 01/01 – 06/30

Dionysus Shipping Corporation^(7)(30) Harmony N Marshall Is. 01/01 – 06/30 01/01 – 06/30

Prometheus Shipping Corporation^(7)(18) Solar N Marshall Is. 01/01 – 06/30 01/01 – 06/30

Camelia Shipping Inc.⁽⁸⁾ Navios Camelia Marshall Is. 01/01 – 06/30 01/01 – 06/30

Anthos Shipping Inc.⁽⁸⁾ Navios Anthos Marshall Is. 01/01 – 06/30 01/01 – 06/30

Azalea Shipping Inc.^(8)(31) Navios Azalea Marshall Is. 01/01 – 06/30 01/01 – 06/30

Amaryllis Shipping Inc.⁽⁸⁾ Navios Amaryllis Marshall Is. 01/01 – 06/30 01/01 – 06/30

Zaffre Shipping Corporation⁽¹⁴⁾ Serenitas N Marshall Is. 01/01 – 06/30 06/29 – 06/30

Wenge Shipping Corporation^(14)(20) Joie N Marshall Is. 01/01 – 06/30 06/29 – 06/30

Sunstone Shipping Corporation⁽¹⁴⁾ Copernicus N Marshall Is. 01/01 – 06/30 06/29 – 06/30

Fandango Shipping Corporation⁽¹⁴⁾ Unity N Marshall Is. 01/01 – 06/30 06/29 – 06/30

Flavescent Shipping Corporation⁽¹⁴⁾ Odysseus N Marshall Is. 01/01 – 06/30 06/29 – 06/30

Emery Shipping Corporation⁽¹⁵⁾ Navios Gem Marshall Is. 01/01 – 06/30 —

Rondine Management Corp.⁽¹⁵⁾ Navios Victory Marshall Is. 01/01 – 06/30 —

Solange Shipping Ltd.⁽¹⁶⁾ Navios Avior Marshall Is. 03/30 – 06/30 —

Mandora Shipping Ltd.⁽¹⁶⁾ Navios Centaurus Marshall Is. 03/30 – 06/30 —

Olympia II Navigation Limited Navios Domino Marshall Is. 03/31 – 06/30 —

Pingel Navigation Limited Navios Delight Marshall Is. 03/31 – 06/30 —

Ebba Navigation Limited Navios Destiny Marshall Is. 03/31 – 06/30 —

Clan Navigation Limited Navios Devotion Marshall Is. 03/31 – 06/30 —

Sui An Navigation Limited⁽²³⁾ Navios Dedication Marshall Is. 03/31 – 06/30 —

Bertyl Ventures Co. Navios Azure Marshall Is. 03/31 – 06/30 —

Silvanus Marine Company Navios Summer Marshall Is. 03/31 – 06/30 —

Anthimar Marine Inc. Navios Amarillo Marshall Is. 03/31 – 06/30 —

Enplo Shipping Limited Navios Verde Marshall Is. 03/31 – 06/30 —

Morven Chartering Inc. Navios Verano Marshall Is. 03/31 – 06/30 —

Rodman Maritime Corp. Navios Spring Marshall Is. 03/31 – 06/30 —

Isolde Shipping Inc. Navios Indigo Marshall Is. 03/31 – 06/30 —

Velour Management Corp. Navios Vermilion Marshall Is. 03/31 – 06/30 —

Evian Shiptrade Ltd. Navios Amaranth Marshall Is. 03/31 – 06/30 —

Theros Ventures Limited Navios Lapis Marshall Is. 03/31 – 06/30 —

Legato Shipholding Inc. Navios Tempo Marshall Is. 03/31 – 06/30 —

Inastros Maritime Corp. Navios Chrysalis Marshall Is. 03/31 – 06/30 —

Zoner Shiptrade S.A. Navios Dorado Marshall Is. 03/31 – 06/30 —

Jasmer Shipholding Ltd. Navios Nerine Marshall Is. 03/31 – 06/30 —

Thetida Marine Co. Navios Magnolia Marshall Is. 03/31 – 06/30 —

Jaspero Shiptrade S.A. Navios Jasmine Marshall Is. 03/31 – 06/30 —

Peran Maritime Inc. Navios Felicitas Marshall Is. 03/31 – 06/30 —

Nefeli Navigation S.A. Navios Unison Marshall Is. 03/31 – 06/30 —

Fairy Shipping Corporation Navios Utmost Marshall Is. 03/31 – 06/30 —

Limestone Shipping Corporation Navios Unite Marshall Is. 03/31 – 06/30 —

Crayon Shipping Ltd Navios Miami Marshall Is. 03/31 – 06/30 —

Chernava Marine Corp. Bahamas Marshall Is. 03/31 – 06/30 —

Proteus Shiptrade S.A Bermuda Marshall Is. 03/31 – 06/30 —

Vythos Marine Corp. Navios Constellation Marshall Is. 03/31 – 06/30 —

Prosperity Shipping Corporation — Marshall Is. 01/01 – 06/30 01/01 – 06/30

Aldebaran Shipping Corporation — Marshall Is. 01/01 – 06/30 01/01 – 06/30

JTC Shipping and Trading Ltd.⁽¹¹⁾ Holding Company Malta 01/01 – 06/30 01/01 – 06/30

Navios Maritime Partners L.P. N/A Marshall Is. 01/01 – 06/30 01/01 – 06/30

Navios Maritime Operating LLC. N/A Marshall Is. 01/01 – 06/30 01/01 – 06/30

Navios Partners Finance (US) Inc. Co-Borrower Delaware 01/01 – 06/30 01/01 – 06/30

Navios Partners Europe Finance Inc. Sub-Holding Company Marshall Is. 01/01 – 06/30 01/01 – 06/30

Navios Maritime Containers Sub L.P. Sub-Holding Company Marshall Is. 03/31 – 06/30 —

Navios Partners Containers Finance Inc. Sub-Holding Company Marshall Is. 03/31 – 06/30 —

Boheme Navigation Company Sub-Holding Company Marshall Is. 03/31 – 06/30 —

Navios Partners Containers Inc. Sub-Holding Company Marshall Is. 03/31 – 06/30 —

Iliada Shipping S.A. Operating Company Marshall Is. 03/31 – 06/30 —

Vinetree Marine Company Operating Company Marshall Is. 03/31 – 06/30 —

Afros Maritime Inc. Operating Company Marshall Is. 03/31 – 06/30 —

Cavos Navigation Co.⁽⁹⁾ Navios Libra Marshall Is. 01/01 – 06/30 01/01 – 06/30

Perivoia Shipmanagement Co.⁽¹⁰⁾ Navios Amitie Marshall Is. 01/01 – 06/30 01/01 – 06/30

Pleione Management Limited⁽¹⁰⁾ Navios Star Marshall Is. 01/01 – 06/30 01/01 – 06/30

Bato Marine Corp.⁽²¹⁾ TBN 1 Marshall Is. 03/05 – 06/30 —

Agron Navigation Company⁽²¹⁾ TBN 2 Marshall Is. 03/05 – 06/30 —

Teuta Maritime S.A.⁽²¹⁾ TBN 3 Marshall Is. 03/05 – 06/30 —

Ambracia Navigation Company⁽²¹⁾ TBN 4 Marshall Is. 03/05 – 06/30 —

Artala Shipping Co.⁽²²⁾ TBN 5 Marshall Is. 03/05 – 06/30 —

Migen Shipmanagement Ltd. Sub-Holding Company Marshall Is. 03/05 – 06/30 —

Bole Shipping Corporation⁽²⁴⁾ Spectrum N Marshall Is. 04/28 – 06/30 —

Brandeis Shipping Corporation⁽²⁴⁾ Ete N Marshall Is. 05/10 – 06/30 —

Buff Shipping Corporation⁽²⁴⁾ Fleur N Marshall Is. 05/10 – 06/30 —

Morganite Shipping Corporation⁽²⁵⁾ TBN 6 Marshall Is. 06/01 – 06/30 —

Balder Martitime Ltd.⁽²⁶⁾ Navios Koyo Marshall Is. 06/04 – 06/30 —

Melpomene Shipping Corporation⁽²⁷⁾ TBN 8 Marshall Is. 06/23 – 06/30 —

Urania Shipping Corporation⁽²⁷⁾ TBN 9 Marshall Is. 06/23 – 06/30 —

Terpsichore Shipping Corporation⁽²⁸⁾ TBN 10 Marshall Is. 06/23 – 06/30 —

Erato Shipping Corporation⁽²⁸⁾ TBN 11 Marshall Is. 06/23 – 06/30 —

Lavender Shipping Corporation⁽²⁹⁾ Navios Ray Marshall Is. 06/30 – 06/30 —

Nostos Shipmanagement Corp. ⁽²⁹⁾ Navios Bonavis Marshall Is. 06/30 – 06/30 —

(1)	The vessel was sold on December 14, 2018.

(2)	The vessel was sold on December 4, 2018.

(3)	The vessel was sold on December 21, 2017.

(4)	The vessel was sold on April 23, 2019.

(5)	The vessel was sold on April 21, 2017.

(6)	The vessel was sold on January 12, 2017.

(7)	The vessels were acquired on December 13, 2019, following the liquidation of Navios Europe I.

(8)	The vessels were acquired on December 16, 2019.

(9)	The vessel was delivered on July 24, 2019 (see Note 17 - Leases).

(10)	The vessels were delivered on May 28, 2021 and June 10, 2021 (see Note 17 - Leases).

(11)	Not a vessel-owning subsidiary and only holds right to charter-in contracts.

(12)	Vessels under the sale and leaseback transaction (see Note 17 - Leases).

(13)	The vessel was sold on December 10, 2020 (see Note 5 – Vessels, net).

(14)	The vessels were acquired on June 29, 2020, following the liquidation of Navios Europe II (see Note 5 - Vessels, net).

(15)	The vessels were acquired on September 30, 2020, from Navios Holdings (see Note 5 - Vessels, net).

(16)	The vessels were acquired on March 30, 2021, from Navios Holdings (see Note 5 – Vessels, net).

(17)	The vessel was sold on January 13, 2021(see Note 5 – Vessels, net).

(18) The vessel was sold on January 28, 2021 (see Note 5 – Vessels, net).

(19) The vessel was sold on February 10, 2021 (see Note 5 – Vessels, net).

(20) The vessel was sold on March 25, 2021 (see Note 5 – Vessels, net).

(21) Expected to be delivered by the second half of 2022.

(22) Expected to be delivered in the second quarter of 2023.

(23) The vessel was sold on July 31, 2021.

(24) The vessels were acquired on May 10, 2021 (see Note 5 – Vessels, net).

(25) Expected to be delivered in the first quarter of 2023.

(26) The vessel was acquired on June 4, 2021, from Navios Holdings (see Note 5 - Vessels, net).

(27) Expected to be delivered by the second half of 2023.

(28) Expected to be delivered by the first half of 2024.

(29) The vessel was acquired on June 30, 2021, from Navios Holdings (see Note 5 - Vessels, net).

(30) The vessel was sold on August 16, 2021.

(31) The vessel was sold on August 13, 2021.

(32) The vessel was agreed to be sold and the sale is expected to be completed during the third quarter of 2021.