Merger announced:
Merger (expected) to close: Q4 2021

-will be a publiclly listed US shipping company
 --140+ vessels in fleet: current value ~4.2B, enterprize value of ~2.25B
-- ~15M deadweight tons
--operating in 3 different segments via 15 different vessel types
--serving 10+ end markets

-$1.6B pipeline of contracted revenue

NNA shareholders: 1 share held = 0.1275 of a common unit of NMM