Revenue: $20.8 million in Q2; $40.6 million for the six months Net cash from operating activities: $26.1 million for the six months EBITDA: $14.7 million in Q2; Adjusted EBITDA: $28.4 million for the six months Operating Surplus: $8.9 million in Q2; $16.7 million for the six months Merger Proposal from Navios Maritime Acquisition Corporation Quarterly Cash Distribution of $0.125 per unit; $0.50 per unit annualized

MONACO, July 26, 2018 (GLOBE NEWSWIRE) -- Navios Maritime Midstream Partners L.P. (“Navios Midstream”) (NYSE:NAP), an owner and operator of tanker vessels, reported its financial results today for the second quarter and the six month period ended June 30, 2018. 

Angeliki Frangou, Chairman and Chief Executive Officer of Navios Midstream, stated, “We are pleased to report results for the second quarter of 2018. In the second quarter of 2018, we reported $14.7 million of EBITDA and $4.3 million of net income. We also announced a distribution of $0.125 per unit, representing an annualized yield of about 14\%.” 

RECENT DEVELOPMENTS