NNA Navios Maritime Acquisition Corporation

Navios Maritime Acquisition Corporation ("Navios Acquisition") (NYSE: NNA), an
owner and operator of tanker vessels, announced today that the Nave Electron, a
2002-built VLCC of 305,178 dwt, was delivered to Navios Acquisition's owned
fleet on July 21, 2014. 


The Company also announced that the Nave Electron has been chartered out to a
high quality counterparty for minimum one year at a rate based on charterer's
VLCC pool earnings.


Impact on Navios Acquisition's 8.125% Secured Bond Due 2021
The Nave Electron has been provided as collateral under the 8.125% First
Priority Ship Mortgage Notes due 2021, in place of the Nave Dorado and the Nave
Lucida (MR2 product tankers). As a result, approximately $5.5 million of value
has been added to the collateral package.


Fleet Update 
Following the delivery of the Nave Electron, Navios Acquisition has 38 vessels
in the water of which 11 VLCCs, 23 product tankers and four chemical tankers.


About Navios Maritime Acquisition Corporation 
Navios Acquisition (NYSE: NNA) is an owner and operator of tanker vessels
focusing in the transportation of petroleum products (clean and dirty) and bulk
liquid chemicals. For more information about Navios Acquisition, please visit
our website: www.navios-acquisition.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 Navios
Acquisition's growth strategy and measures to implement such strategy; including
expected vessel acquisitions and entering into further time charters. 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 expected revenues and time charters. Although Navios Acquisition
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 Acquisition. 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
changes in tanker industry trends, including charter rates and vessel values and
factors affecting vessel supply and demand, competitive factors in the market in
which Navios Acquisition operates; Navios Acquisition's ability to maintain or
develop new and existing customer relationships, including its ability to enter
into charters for its vessels; risks associated with operations outside the
United States; and other factors listed from time to time in Navios
Acquisition's filings with the Securities and Exchange Commission. Navios
Acquisition 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 Acquisition's expectations with respect
thereto or any change in events, conditions or circumstances on which any
statement is based.



FOR FURTHER INFORMATION PLEASE CONTACT: 

Investor Relations Contact
Navios Maritime Acquisition Corporation
+1.212.906.8644
info@navios-acquisition.com

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