v3.25.2
Borrowings (Tables)
6 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
Borrowings

Borrowings as of June 30, 2025 and December 31, 2024 consisted of the following:

 

 

June 30, 2025

 

 

December 31, 2024

 

Credit facilities
(including current liabilities associated with the vessel held for sale)

 

$

1,164,836

 

 

$

1,096,178

 

Financial liabilities

 

 

770,464

 

 

 

731,206

 

Finance lease liabilities

 

 

317,447

 

 

 

325,784

 

Total borrowings

 

$

2,252,747

 

 

$

2,153,168

 

Less: Current portion of long-term borrowings, net
(including current liabilities associated with the vessel held for sale)

 

 

(269,696

)

 

 

(266,222

)

Less: Deferred finance costs, net

 

 

(25,756

)

 

 

(24,231

)

Long-term borrowings, net

 

$

1,957,295

 

 

$

1,862,715

 

Borrowings - Maturity of Long Term Debt

The maturity table below reflects the principal payments for the next five 12-month periods ending June 30 of all borrowings of Navios Partners outstanding as of June 30, 2025, based on the repayment schedules of the respective credit facilities (including current liabilities associated with the vessel held for sale), financial liabilities and finance lease liabilities.

 

Period

 

Amount

 

2026

 

$

275,845

 

2027

 

 

332,464

 

2028

 

 

315,285

 

2029

 

 

309,118

 

2030

 

 

292,138

 

2031 and thereafter

 

 

727,897

 

Total

 

$

2,252,747