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: June 13, 2016
Commission File No. 001-33311

NAVIOS MARITIME HOLDINGS INC.

7 Avenue de Grande Bretagne, Office 11B2
Monte Carlo, MC 98000 Monaco
(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  x            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  ¨            No   x
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  ¨            No   x

 

Financial Results
On May 25, 2016, Navios Maritime Holdings Inc. (“Navios Holdings”) issued a press release announcing the operational and financial results for the three months ended March 31, 2016. A copy of the press release is furnished as Exhibit 99.1 to this Report and is incorporated herein by reference.
Continued Listing Standards Notice
On June 13, 2016, Navios Holdings issued a press release announcing it received notice from the New York Stock Exchange, Inc. (the “NYSE”) indicating that Navios Holdings is not currently in compliance with certain of the NYSE’s continued listing standards. A copy of the press release is furnished as Exhibit 99.2 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.

NAVIOS MARITIME HOLDINGS INC.	
 	 	
By:	 	/s/ Angeliki Frangou	
 	 	Angeliki Frangou	
 	 	Chief Executive Officer	
 	 	
 	 	Date: June 13, 2016	

EXHIBIT INDEX

Exhibit
No.	  	Exhibit	
 	 	
99.1	  	Press release, dated May 25, 2016: Navios Maritime Holdings Inc. Reports Financial Results for the First Quarter Ended March 31, 2016	
 	 	
99.2	  	Press release, dated June 13, 2016: Navios Maritime Holdings Inc. Receives Continued Listing Standards Notice from NYSE	

Exhibit 99.1
Navios Maritime Holdings Inc. Reports Financial Results for the First Quarter Ended March 31, 2016
 
•	$101.5 million Revenue for Q1 2016	
 
•	$28.9 million cash from operations for Q1 2016	
 
•	$45.4 million EBITDA for Q1 2016	
 
•	$156.6 million of cash	
 
•	Positioned to weather difficult market	
 
 	•	Solid Q1 performance –in historically low BDI	
 
 	•	Managing liquidity- $45.0 million of cost savings initiatives	
 
 	•	Operating efficiencies and low cost structure	
MONACO- May 25, 2016 (GLOBE NEWSWIRE) — Navios Maritime Holdings Inc. (“Navios Holdings” or “the Company”) (NYSE:  NM ), a global, vertically integrated seaborne shipping and logistics company, today reported financial results for the first quarter ended March 31, 2016.
Angeliki Frangou, Chairman and Chief Executive Officer, stated, “Navios Holdings had a solid first quarter performance, earning $45.4 million in EBITDA, an increase of 73% compared to the same period last year. Our balance sheet is strong, with $156.6 million of cash as of March 31, 2016, and flexible, with about 83% of our total debt in bonds that have no loan to value maintenance requirement. We also worked hard to improve our liquidity through more than $45 million of cost savings initiatives, and anticipate no longer having to fund working capital needs of our public affiliates in the future.”
Angeliki Frangou continued: “We are proud of our overall cost management. General and administrative expenses, on a per available day basis, makes us one of the lowest compared to our publicly listed shipping peers, particularly having reduced 2016 general and administrative expenses by an estimated 35% over 2015, on a run rate basis. Operating costs are 42% less than the industry average, excluding embedded fees that certain peers charge that we do not. Overall, we believe we have one of the leading cost containment programs in the industry.”
HIGHLIGHTS — RECENT DEVELOPMENTS
Cost Efficient Liquidity Management
Navios Holding actively monitors its cost exposure and cash flows having developed significant efficiencies from in-house capabilities and economies of scale for its controlled and managed fleet. The immediate benefits of these efforts to Navios Holdings cost structure were:
 
 	•	 	$14.9 million from the early settlement of charter claims in Q1 2016	
 
 	•	 	~$23.0 million estimated reduction of charter-in costs over the next 12 months	
 
 	•	 	~$7.0 million estimated annualized G&A reduction in 2016 run rate basis Q1 2016; 35% decrease compared to 2015	
 
 	•	 	Operating costs ~42% lower than industry average	

Navios Holdings shares its economies of scale with its affiliates by offering management and commercial services at flat rates without charging additional fees or commissions for commercial management, sales or purchase transactions, originating any loan or otherwise. However, such significant cost benefits shared with affiliates should no longer require any working capital advances by Navios Holdings.
Time Charter Coverage
Navios Holdings controls a fleet of 61 vessels totaling 6.3 million dwt, of which 40 are owned and 21 are chartered-in under long-term charters (collectively, the “Core Fleet”). Navios Holdings currently operates 57 vessels (19 Capesize, 18 Panamax, 18 Ultra Handymax and two Handysize vessels) totaling 5.9 million dwt. The current average age of the operating fleet is 7.5 years. Additionally, Navios Holdings has four newbuilding charter-in vessels expected to be delivered at various dates beginning in the fourth quarter of 2016 until 2017.
As of May 4, 2016, Navios Holdings has chartered-out 81.4% and 34.1% of available days for the remaining nine months of 2016 and for 2017, respectively (including index-linked charters), which are expected to generate $76.9 million and $19.6 million in base revenue, respectively. The average daily charter-out base rate for the Core Fleet is $9,599 and $15,416 for the remaining nine months of 2016 and for 2017, respectively. The average daily charter-in rate for the active long-term charter-in vessels for the remaining nine months of 2016 is estimated at $11,613.
The above figures do not include the fleet of Navios South American Logistics Inc. (“Navios Logistics”) and vessels servicing contracts of affreightment.
Exhibit II provides certain details of the Core Fleet of Navios Holdings. It does not include the fleet of Navios Logistics.
Earnings Highlights
EBITDA is a non-U.S. GAAP financial measure and should not be used in isolation or as substitution for Navios Holdings’ results calculated in accordance with U.S. GAAP.
See Exhibit I under the heading, “Disclosure of Non-GAAP Financial Measures,” for a discussion of EBITDA of Navios Holdings (including Navios Logistics), and Navios Logistics (on a stand-alone basis), and a reconciliation of such measures to the most comparable measure calculated under U.S. GAAP.

First Quarter 2016 and 2015 Results (in thousands of U.S. dollars, except per share data and unless otherwise stated):
The first quarter 2016 and 2015 information presented below was derived from the unaudited condensed consolidated financial statements for the respective periods.

 	  	Three Month
Period Ended
March 31,
2016	 	  	Three Month
Period Ended
March 31,
2015	 	
 	  	(unaudited)	 	  	(unaudited)	 	
Revenue	  	$	101,487	  	  	$	118,280	  	
Net Loss	  	$	(7,465	) 	  	$	(26,678	) 	
EBITDA	  	$	45,424	  	  	$	26,241	  	
Basic Loss per Share	  	$	(0.11	) 	  	$	(0.29	) 	
Revenue from dry bulk vessel operations for the three months ended March 31, 2016 was $46.3 million as compared to $53.2 million for the same period during 2015. The decrease in dry bulk revenue was mainly attributable to a decrease in the time charter equivalent rate (“TCE”) per day by 2.6% to $7,008 per day in the first quarter of 2016, as compared to $7,196 per day in the same period of 2015. This decrease was partially mitigated by a net increase in available days of our fleet by 621 days.
Revenue from the logistics business was $55.2 million for the three months ended March 31, 2016 as compared to $65.1 million for the same period during 2015. The decrease was mainly attributable to a decrease of $10.5 million in sales of products in the liquid terminal, due to lower volume and lower price of products sold, partially mitigated by higher revenue in the barge segment due to increased dry and liquid cargoes transported.
Net Loss of Navios Holdings for the three months ended March 31, 2016 was $7.5 million as compared to $26.7 million for the same period of 2015. The $19.2 million decrease in Net Loss was mainly due to (i) an increase in EBITDA by $19.2 million; (ii) a decrease in depreciation and amortization by $1.4 million; and (iii) a decrease in interest expense and finance cost, net by $0.2 million. This overall decrease was partially mitigated by (i) an increase in amortization for deferred drydock and special survey costs of $0.4 million; (ii) an increase in income tax expense of $1.1 million; and (iii) an increase in share-based compensation expense of $0.1 million.
EBITDA of Navios Holdings for the three months ended March 31, 2016 increased by $19.2 million to $45.4 million as compared to $26.2 million for the same period of 2015. The $19.2 million increase in EBITDA was primarily due to (i) a $23.5 million decrease in time charter, voyage and logistics business expenses; (ii) a $1.1 million decrease in direct vessel expenses (excluding the amortization of deferred drydock and special survey costs); (iii) a $13.6 million increase in other income, net; and (iv) a $0.5 million decrease in general and administrative expenses (excluding share-based compensation expenses). This overall increase of $38.7 million was partially mitigated by (i) a $16.8 million decrease in revenue; (ii) a $1.8 million increase in net income attributable to the noncontrolling interest; and (iii) a $0.9 million decrease in equity in net earnings from affiliated companies.

EBITDA of Navios Logistics was $21.1 million for the three month period ended March 31, 2016 as compared to $15.6 million for the same period in 2015.
Fleet Summary Data:
The following table reflects certain key indicators indicative of the performance of the Navios Holdings’ dry bulk operations (excluding the Navios Logistics fleet) and its fleet performance for the first quarter ended March 31, 2016 and 2015, respectively.

 	  	Three Month
Period Ended
March 31,
2016	 	 	Three Month
Period Ended
March 31,
2015	 	
 	  	(Unaudited)	 	 	(Unaudited)	 	
Available Days (1)	  	 	5,960	  	 	 	5,339	  	
Operating Days (2)	  	 	5,861	  	 	 	5,289	  	
Fleet Utilization (3)	  	 	98.4	% 	 	 	99.1	% 	
Equivalent Vessels (4)	  	 	65	  	 	 	59	  	
TCE (5)	  	$	7,008	  	 	$	7,196	  	
 
(1)	Available days for the fleet are total calendar days the vessels were in Navios Holdings’ possession for the relevant period after subtracting off-hire days associated with major repairs, drydocking or special surveys. The shipping industry uses available days to measure the number of days in a relevant period during which vessels should be capable of generating revenues.	
(2)	Operating days are the number of available days in the relevant period less the aggregate number of days that the vessels are off-hire due to any reason, including unforeseen circumstances. The shipping industry uses operating days to measure the aggregate number of days in a relevant period during which vessels actually generate revenues.	
(3)	Fleet utilization is the percentage of time that Navios Holdings’ vessels were available for generating revenue, and is determined by dividing the number of operating days during a relevant period by the number of available days during that period. The shipping industry uses fleet utilization to measure a company’s efficiency in finding suitable employment for its vessels.	
(4)	Equivalent Vessels is defined as the total available days during a relevant period divided by the number of days of this period.	
(5)	TCE is defined as voyage and time charter revenues less voyage expenses during a relevant period divided by the number of available days during the period.	

Conference Call:
As previously announced, Navios Holdings will host a conference call today, May 25, 2016, at 8:30 am ET, at which time Navios Holdings’ senior management will provide highlights and commentary on earnings results for the first quarter ended March 31, 2016.
A supplemental slide presentation will be available on the Navios Holdings website at www.navios.com under the “Investors” section by 8:00 am ET on the day of the call.
Conference Call details:
Call Date/Time: Wednesday, May 25, 2016, at 8:30 am ET
Call Title: Navios Holdings Q1 2016 Financial Results Conference Call
US Dial In: +1.877.480.3873
International Dial In: +1.404.665.9927
Conference ID: 9126 5797
The conference call replay will be available shortly after the live call and remain available for one week at the following numbers:
US Replay Dial In: +1.800.585.8367
International Replay Dial In: +1.404.537.3406
Conference ID: 9126 5797
This call will be simultaneously Webcast. The Webcast will be available on the Navios Holdings website, www.navios.com, under the “Investors” section. The Webcast will be archived and available at the same Web address for two weeks following the call.
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 dry bulk commodities including iron ore, coal and grain. For more information about Navios Holdings please visit our website:  www.navios.com .
About Navios South American Logistics Inc.
Navios South American Logistics Inc. is one of the largest logistics companies in the Hidrovia region of South America, focusing on the Hidrovia region river system, the main navigable river system in the region, and on cabotage trades along the eastern coast of South America. Navios Logistics serves the storage and marine transportation needs of its petroleum, agricultural and mining customers through its port terminals, river barge and coastal cabotage operations. For more information about Navios Logistics please visit its website:  www.navios-logistics.com .
About Navios Maritime Partners L.P.
Navios Partners (NYSE: NMM) is a publicly traded master limited partnership which owns and operates container and dry cargo vessels. For more information, please visit its website at  www.navios-mlp.com .
About Navios Maritime Acquisition Corporation
Navios Acquisition (NYSE: NNA) is an owner and operator of tanker vessels focusing on the transportation of petroleum products (clean and dirty) and bulk liquid chemicals. For more information about Navios Acquisition, please visit its website: www.navios-acquisition.com .

About Navios Maritime Midstream Partners L.P.
Navios Maritime Midstream Partners L.P. (NYSE: NAP) is a publicly traded master limited partnership which owns and operates crude oil tankers under long-term employment contracts. For more information, please visit its website at www.navios-midstream.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, including 2016 cash flow generation, future contracted revenues, opportunities to reinvest cash accretively in a fleet renewal program or otherwise, potential capital gains, our ability to take advantage of dislocation in the market, and Navios Holdings’ growth strategy and measures to implement such strategy; including expected vessel acquisitions and entering into further time charters. Words such as “may,” “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. These forward-looking statements are based on the information available to, and the expectations and assumptions deemed reasonable by Navios Holdings at the time these statements were made. 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. 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 uncertainty relating to global trade, including prices of seaborne commodities and continuing issues related to seaborne volume and ton miles, our continued ability to enter into long-term time charters, our ability to maximize the use of our vessels, expected demand in the dry cargo shipping sector in general and the demand for our Panamax, Capesize and UltraHandymax vessels in particular, fluctuations in charter rates for dry cargo carriers vessels, the aging of our fleet and resultant increases in operations costs, the loss of any customer or charter or vessel, the financial condition of our customers, changes in the availability and costs of funding due to conditions in the bank market, capital markets and other factors, increases in costs and expenses, including but not limited to: crew wages, insurance, provisions, port expenses, lube oil, bunkers, repairs, maintenance, and general and administrative expenses, the expected cost of, and our ability to comply with, governmental regulations and maritime self-regulatory organization standards, as well as standard regulations imposed by our charterers applicable to our business, general domestic and international political conditions, competitive factors in the market in which Navios Holdings operates; risks associated with operations outside the United States; and other factors listed from time to time in Navios Holdings’ filings with the Securities and Exchange Commission, including its Form 20-F’s and Form 6-K’s. 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. Navios Holdings makes no prediction or statement about the performance of its common stock.
Contact:
Navios Maritime Holdings Inc.
+1.212.906.8643
investors@navios.com

EXHIBIT I
NAVIOS MARITIME HOLDINGS INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Expressed in thousands of U.S. dollars - except share and per share data)

 	  	Three Month	 	 	Three Month	 	
 	  	Period Ended	 	 	Period Ended	 	
 	  	March 31, 2016	 	 	March 31, 2015	 	
 	  	(unaudited)	 	 	(unaudited)	 	
Revenue	  	$	101,487	  	 	$	118,280	  	
Administrative fee revenue from affiliates	  	 	5,482	  	 	 	3,922	  	
Time charter, voyage and logistics business expenses	  	 	(46,381	)	 	 	(69,934	)	
Direct vessel expenses(1)	  	 	(30,074	)	 	 	(30,817	)	
General and administrative expenses incurred on behalf of affiliates	  	 	(5,482	)	 	 	(3,922	)	
General and administrative expenses(2)	  	 	(6,438	)	 	 	(6,811	)	
Depreciation and amortization	  	 	(19,827	)	 	 	(21,205	)	
Interest expense and finance cost, net	  	 	(27,750	)	 	 	(28,038	)	
Other income/(expense), net	  	 	11,664	  	 	 	(1,914	)	
 	  	 	 	 	 	 	 	 	
Loss before equity in net earnings of affiliated companies	  	 	(17,319	)	 	 	(40,439	)	
Equity in net earnings of affiliated companies	  	 	12,952	  	 	 	13,912	  	
 	  	 	 	 	 	 	 	 	
Loss before taxes	  	$	(4,367	)	 	$	(26,527	)	
Income tax (expense)/benefit	  	 	(1,045	)	 	 	148	  	
 	  	 	 	 	 	 	 	 	
Net loss	  	 	(5,412	)	 	 	(26,379	)	
Less: Net income attributable to the noncontrolling interest	  	 	(2,053	)	 	 	(299	)	
 	  	 	 	 	 	 	 	 	
Net loss attributable to Navios Holdings common stockholders	  	$	(7,465	)	 	$	(26,678	)	
 	  	 	 	 	 	 	 	 	
Loss attributable to Navios Holdings common stockholders, basic and diluted	  	$	(11,437	)	 	$	(30,751	)	
Basic and diluted loss per share attributable to Navios Holdings common stockholders	  	$	(0.11	)	 	$	(0.29	)	
Weighted average number of shares, basic and diluted	  	 	106,036,603	  	 	 	105,099,690	  	
 
(1)	Includes expenses of Navios Logistics of $16.7 million and $18.1 million for the three months ended March 31, 2016 and 2015, respectively.	
(2)	Includes expenses of Navios Logistics of $3.3 million and $3.6 million for the three months ended March 31, 2016 and 2015, respectively.	

NAVIOS MARITIME HOLDINGS INC.
Other Financial Data

 	  	March 31,
2016	 	 	December 31,
2015	 	
 	  	(unaudited)	 	 	(unaudited)	 	
ASSETS	  	 	 	 	 	 	 	 	
Cash and cash equivalents, including restricted cash	  	$	156,638	  	 	$	176,892	  	
Other current assets	  	 	137,987	  	 	 	126,067	  	
Deposits for vessels, port terminals and other fixed assets	  	 	62,712	  	 	 	73,949	  	
Vessels, port terminal and other fixed assets, net	  	 	1,892,027	  	 	 	1,823,961	  	
Other noncurrent assets	  	 	457,082	  	 	 	447,151	  	
Goodwill and other intangibles	  	 	307,734	  	 	 	310,793	  	
 	  	 	 	 	 	 	 	 	
Total assets	  	$	3,014,180	  	 	$	2,958,813	  	
 	  	 	 	 	 	 	 	 	
LIABILITIES AND STOCKHOLDERS’ EQUITY	  	 	 	 	
Current liabilities, including current portion of long-term debt, net	  	 	235,965	  	 	 	226,856	  	
Senior and ship mortgage notes, net	  	 	1,351,911	  	 	 	1,350,941	  	
Long-term debt, net of current portion	  	 	252,446	  	 	 	213,423	  	
Other noncurrent liabilities	  	 	69,696	  	 	 	57,041	  	
Total stockholders’ equity	  	 	1,104,162	  	 	 	1,110,552	  	
 	  	 	 	 	 	 	 	 	
Total liabilities and stockholders’ equity	  	$	3,014,180	  	 	$	2,958,813	  	

 	  	Three Month
Period Ended
March 31, 2016	 	 	Three Month
Period Ended
March 31, 2015	 	
 	  	(unaudited)	 	 	(unaudited)	 	
Net cash provided by/(used in) operating activities	  	$	28,940	  	 	$	(356	) 	
Net cash used in investing activities	  	$	(84,663	) 	 	$	(7,297	) 	
Net cash provided by/(used in) financing activities	  	$	47,074	  	 	$	(40,126	) 	

Disclosure of Non-GAAP Financial Measures
EBITDA represents net (loss)/income attributable to Navios Holdings’ common stockholders before interest and finance costs, before depreciation and amortization, before income taxes and before stock-based compensation, if any, unless otherwise stated. EBITDA is a “non-GAAP financial measure” and should not be considered substitute for net (loss)/income, cash flow from operating activities and other operations or cash flow statement data prepared in accordance with generally accepted accounting principles in the United States. Navios Holdings believes that EBITDA is a basis upon which liquidity can be assessed.
EBITDA is presented to provide additional information with respect to the ability of Navios Holdings to satisfy its respective obligations, including debt service, capital expenditures, working capital requirements and pay dividends. While EBITDA is frequently used as measure of operating results and the ability to meet debt service requirements, the definition of EBITDA used here may not be comparable to those used by other companies due to differences in methods of calculation.
Navios Logistics EBITDA is used to measure the company’s operating performance.
The following tables provide a reconciliation of EBITDA of Navios Holdings (including Navios Logistics) and EBITDA of Navios Logistics on a stand-alone basis:

Navios Holdings Reconciliation of EBITDA to Cash from Operations

 	  	March 31,	 	 	March 31,	 	
Three Months Ended	  	2016	 	 	2015	 	
(in thousands of U.S. dollars)	  	(unaudited)	 	 	(unaudited)	 	
Net cash provided by/(used in) operating activities	  	$	28,940	  	 	$	(356	) 	
Net increase/(decrease) in operating assets	  	 	11,329	  	 	 	(31,938	) 	
Net (increase)/decrease in operating liabilities	  	 	(29,403	) 	 	 	18,287	  	
Net interest cost	  	 	27,750	  	 	 	28,038	  	
Deferred finance charges	  	 	(1,284	) 	 	 	(1,109	) 	
Provision for losses on accounts receivable	  	 	(106	) 	 	 	(66	) 	
Equity in affiliates, net of dividends received	  	 	8,888	  	 	 	5,053	  	
Payments for drydock and special survey	  	 	1,363	  	 	 	8,631	  	
Noncontrolling interest	  	 	(2,053	) 	 	 	(299	) 	
 	  	 	 	 	 	 	 	 	
EBITDA	  	$	45,424	  	 	$	26,241	  	
 	  	 	 	 	 	 	 	 	
Navios Logistics EBITDA Reconciliation to Net Income

 	  	March 31,	 	  	March 31,	 	
Three Months Ended	  	2016	 	  	2015	 	
(in thousands of U.S. dollars)	  	(unaudited)	 	  	(unaudited)	 	
Net income	  	$	5,674	  	  	$	826	  	
Depreciation and amortization	  	 	6,674	  	  	 	6,467	  	
Amortization of deferred drydock and special survey costs	  	 	1,598	  	  	 	1,711	  	
Interest expense and finance cost, net	  	 	6,204	  	  	 	6,813	  	
Income tax expense/(benefit)	  	 	976	  	  	 	(218	) 	
 	  	 	 	 	  	 	 	 	
EBITDA	  	$	21,126	  	  	$	15,599	  	

EXHIBIT II
Owned Vessels

Vessel Name	  	Vessel Type	  	Year Built	 	  	Deadweight
(in metric tons)	 	
Navios Serenity	  	Handysize	  	 	2011	  	  	 	34,690	  	
Navios Ionian	  	Ultra Handymax	  	 	2000	  	  	 	52,067	  	
Navios Horizon	  	Ultra Handymax	  	 	2001	  	  	 	50,346	  	
Navios Herakles	  	Ultra Handymax	  	 	2001	  	  	 	52,061	  	
Navios Achilles	  	Ultra Handymax	  	 	2001	  	  	 	52,063	  	
Navios Vector	  	Ultra Handymax	  	 	2002	  	  	 	50,296	  	
Navios Meridian	  	Ultra Handymax	  	 	2002	  	  	 	50,316	  	
Navios Mercator	  	Ultra Handymax	  	 	2002	  	  	 	53,553	  	
Navios Arc	  	Ultra Handymax	  	 	2003	  	  	 	53,514	  	
Navios Hios	  	Ultra Handymax	  	 	2003	  	  	 	55,180	  	
Navios Kypros	  	Ultra Handymax	  	 	2003	  	  	 	55,222	  	
Navios Astra	  	Ultra Handymax	  	 	2006	  	  	 	53,468	  	
Navios Ulysses	  	Ultra Handymax	  	 	2007	  	  	 	55,728	  	
Navios Celestial	  	Ultra Handymax	  	 	2009	  	  	 	58,063	  	
Navios Vega	  	Ultra Handymax	  	 	2009	  	  	 	58,792	  	
Navios Magellan	  	Panamax	  	 	2000	  	  	 	74,333	  	
Navios Star	  	Panamax	  	 	2002	  	  	 	76,662	  	
Navios Northern Star	  	Panamax	  	 	2005	  	  	 	75,395	  	
Navios Amitie	  	Panamax	  	 	2005	  	  	 	75,395	  	
Navios Taurus	  	Panamax	  	 	2005	  	  	 	76,596	  	
Navios Asteriks	  	Panamax	  	 	2005	  	  	 	76,801	  	
Navios Galileo	  	Panamax	  	 	2006	  	  	 	76,596	  	
N Amalthia	  	Panamax	  	 	2006	  	  	 	75,318	  	
N Bonanza	  	Panamax	  	 	2006	  	  	 	76,596	  	
Navios Avior	  	Panamax	  	 	2012	  	  	 	81,355	  	
Navios Centaurus	  	Panamax	  	 	2012	  	  	 	81,472	  	
Navios Sphera	  	Panamax	  	 	2016	  	  	 	84,872	  	
Navios Stellar	  	Capesize	  	 	2009	  	  	 	169,001	  	
Navios Bonavis	  	Capesize	  	 	2009	  	  	 	180,022	  	
Navios Happiness	  	Capesize	  	 	2009	  	  	 	180,022	  	
Navios Phoenix	  	Capesize	  	 	2009	  	  	 	180,242	  	
Navios Lumen	  	Capesize	  	 	2009	  	  	 	180,661	  	
Navios Antares	  	Capesize	  	 	2010	  	  	 	169,059	  	
Navios Etoile	  	Capesize	  	 	2010	  	  	 	179,234	  	
Navios Bonheur	  	Capesize	  	 	2010	  	  	 	179,259	  	
Navios Altamira	  	Capesize	  	 	2011	  	  	 	179,165	  	
Navios Azimuth	  	Capesize	  	 	2011	  	  	 	179,169	  	
Navios Ray	  	Capesize	  	 	2012	  	  	 	179,515	  	
Navios Gem	  	Capesize	  	 	2014	  	  	 	181,336	  	
Navios Mars	  	Capesize	  	 	2016	  	  	 	181,259	  	

Long term Chartered-in Fleet in Operation

Vessel Name	  	Vessel Type	  	Year
Built	 	  	Deadweight
(in metric tons)	 	  	Purchase
Option (1)	 	
Navios Lyra	  	Handysize	  	 	2012	  	  	 	34,718	  	  	 	Yes 	(2) 	
Navios Primavera	  	Ultra Handymax	  	 	2007	  	  	 	53,464	  	  	 	Yes	  	
Navios Oriana	  	Ultra Handymax	  	 	2012	  	  	 	61,442	  	  	 	Yes	  	
Navios Mercury	  	Ultra Handymax	  	 	2013	  	  	 	61,393	  	  	 	Yes	  	
Navios Venus	  	Ultra Handymax	  	 	2015	  	  	 	61,339	  	  	 	Yes	  	
Navios Aldebaran	  	Panamax	  	 	2008	  	  	 	76,500	  	  	 	Yes	  	
Navios Marco Polo	  	Panamax	  	 	2011	  	  	 	80,647	  	  	 	Yes	  	
Navios Southern Star	  	Panamax	  	 	2013	  	  	 	82,224	  	  	 	Yes	  	
Sea Victory	  	Panamax	  	 	2014	  	  	 	77,095	  	  	 	Yes	  	
Navios Sky	  	Panamax	  	 	2015	  	  	 	82,056	  	  	 	Yes	  	
Navios Amber	  	Panamax	  	 	2015	  	  	 	80,994	  	  	 	Yes	  	
Beaufiks	  	Capesize	  	 	2004	  	  	 	180,310	  	  	 	Yes	  	
King Ore	  	Capesize	  	 	2010	  	  	 	176,800	  	  	 	Yes	  	
Navios Koyo	  	Capesize	  	 	2011	  	  	 	181,415	  	  	 	Yes	  	
Navios Obeliks	  	Capesize	  	 	2012	  	  	 	181,415	  	  	 	Yes	  	
Dream Canary	  	Capesize	  	 	2015	  	  	 	180,528	  	  	 	Yes	  	
Dream Coral	  	Capesize	  	 	2015	  	  	 	181,249	  	  	 	Yes	  	
Long-term Chartered-in Fleet to be Delivered

 	  	Vessel	  	Delivery	  	Deadweight	 	  	Purchase	 	
Vessels	  	Type	  	Date	  	(in metric tons)	 	  	Option	 	
Navios Felix	  	Capesize	  	Q4 2016	  	 	180,000	  	  	 	Yes	  	
Navios Coral	  	Panamax	  	Q4 2016	  	 	84,000	  	  	 	Yes	  	
Navios Citrine	  	Panamax	  	Q1 2017	  	 	81,000	  	  	 	Yes	  	
Navios Dolphin	  	Panamax	  	Q1 2017	  	 	81,000	  	  	 	Yes	  	
 
(1)	Generally, Navios Holdings may exercise its purchase option after three to five years of service.	
(2)	Navios Holdings holds the initial 50% purchase option on the vessel.	

Exhibit 99.2
Navios Maritime Holdings Inc. Receives Continued Listing Standards Notice From NYSE
MONACO, June 13, 2016 (GLOBE NEWSWIRE) — Navios Maritime Holdings Inc. (“Navios Holdings” or the “Company”) (NYSE:NM) announced today that on June 7, 2016, the Company was notified by the New York Stock Exchange, Inc. (“NYSE”) that it is no longer in compliance with the NYSE’s continued listing standards because the average closing price of the Company’s common stock over a consecutive 30 trading-day period was less than $1.00 per share. The NYSE’s notification has no impact on the Company’s business operations.
The Company will respond to the NYSE to confirm its intent to cure this deficiency within the prescribed timeframe set out in the NYSE’s Listed Company Manual. During this time, the Company’s common stock will continue to be listed and trade on the NYSE. The NYSE’s notification does not affect the Company’s Securities and Exchange Commission reporting requirements.
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
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 expectations including with respect to the Company’s ability to regain compliance with the NYSE’s continued listing standards. Although Navios Holdings believes that the expectations reflected in such forward-looking statements are reasonable at the time made, 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. 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