London, 18 May 2016 -- Moody's Investors Service has today downgraded the corporate family rating (CFR) of Navios Maritime Partners L.P. (Navios Partners), an international owner and operator of dry bulk and container vessels, to B3 from B2, its probability of default rating (PDR) to B3-PD from B2-PD and the rating on Navios Partners'$408.3 million (as at 31 March 2016) senior secured term loan B due in June 2018 to B3 from B2. The outlook on all ratings of Navios Partners is negative.

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