6-K

 

 

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: May 14, 2014

Commission File No. 001-34104

 

 

NAVIOS MARITIME ACQUISITION CORPORATION

 

 

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

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  ¨            No   x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A

 

 

 


On May 14, 2014, Navios Maritime Acquisition Corporation (“Navios Acquisition”) entered into an Amendment to the Management Agreement (the “Management Agreement Amendment”) with Navios Tankers Management Inc. (the “Manager”). The Management Agreement Amendment, among other changes, extends the duration of the existing Management Agreement, as amended, between Navios Acquisition and the Manager, until May 28, 2020. The Management Agreement Amendment also fixes the management fees through May 2016 at a: (a) $7,000 daily rate per owned LR 1 product tanker vessel; (b) $6,000 daily rate per owned MR2 product tanker vessel and chemical tanker vessel; and (c) $9,500 daily rate per VLCC tanker vessel. The Management Agreement Amendment is attached as Exhibit 10.1 to this report on Form 6-K (this “Report”) and is incorporated herein by reference.

On May 14, 2014, Navios Acquisition also entered into an Amendment to the Administrative Services Agreement (the “Administrative Services Agreement Amendment”) with Navios Shipmanagement Inc. (the “Navios Shipmanagement”) to extend the duration of the existing Administrative Services Agreement, as amended, between Navios Acquisition and Navios Shipmanagement, until May 28, 2020. The Administrative Services Agreement Amendment is attached as Exhibit 10.2 to this Report and is incorporated herein by reference.

On May 14, 2014, Navios Acquisition issued a press release announcing its cash dividend for the quarter ended March 31, 2014, and its financial results for the first quarter ended March 31, 2014. A copy of the press release is furnished as Exhibit 99.1 to this Report and is incorporated herein by reference.

This Report is hereby incorporated by reference into Navios Acquisition’s Registration Statements on Form F-3, File Nos. 333-170896 and 333-191266.


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 ACQUISITION CORPORATION
By:  

/s/ Angeliki Frangou

  Angeliki Frangou
  Chief Executive Officer
  Date: May 22, 2014


EXHIBIT INDEX

 

Exhibit
No.

  

Exhibit

10.1    Amendment to the Management Agreement dated May 14, 2014
10.2    Amendment to the Administrative Services Agreement dated May 14, 2014
99.1    Press Release dated May 14, 2014