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Navios Maritime-(NM)-focuses on the transport and transshipment of drybulk commodities, including iron ore, coal, and grain. As of December 31, 2007, its fleet consisted of 62 vessels, aggregating approximately 6 million deadweight tons or dwt. The company was formerly known as Nautilus Maritime Holdings, Inc. and changed its name to Navios Maritime Holdings, Inc. in 2003. Navios Maritime Holdings, Inc. is headquartered in Piraeus, Greece. Shipping stocks and their dividends tend to be volatile.
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