Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2017
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]  
Entities included in the consolidation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

  

 

 

 

 

  

Statement of Operations

Company Name

  

Nature

  

Ownership

Interest

 

 

Country of

Incorporation

  

2017

  

2016

  

2015

Navios Maritime Holdings Inc.

  

Holding Company

  

 

 

 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Navios Corporation

  

Sub-Holding Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Navios International Inc.

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Navimax Corporation

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Navios Handybulk Inc.

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Hestia Shipping Ltd

  

Operating Company

  

 

100

% 

 

Malta

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Anemos Maritime Holdings Inc.

  

Sub-Holding Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Navios Shipmanagement Inc.

  

Management Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

NAV Holdings Limited

  

Sub-Holding Company

  

 

100

% 

 

Malta

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Kleimar N.V.

  

Operating Company/

 

Vessel Owning Company/

Management Company

  

 

100

% 

 

Belgium

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Kleimar Ltd.

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Bulkinvest S.A.

  

Operating Company

  

 

100

% 

 

Luxembourg

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Primavera Shipping Corporation

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Ginger Services Co.

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Aquis Marine Corp.

  

Sub-Holding Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Navios Tankers Management Inc.

  

Management Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Astra Maritime Corporation

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Achilles Shipping Corporation

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Apollon Shipping Corporation

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Herakles Shipping Corporation

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Hios Shipping Corporation

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Ionian Shipping Corporation

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Kypros Shipping Corporation

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Meridian Shipping Enterprises Inc.

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Mercator Shipping Corporation

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Arc Shipping Corporation

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Horizon Shipping Enterprises Corporation

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Magellan Shipping Corporation

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Aegean Shipping Corporation

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Star Maritime Enterprises Corporation

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Corsair Shipping Ltd.

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Rowboat Marine Inc.

  

Operating Company

  

 

100

% 

 

Marshall Is

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Beaufiks Shipping Corporation

  

Operating Company

  

 

100

% 

 

Marshall Is

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Nostos Shipmanagement Corp.

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Portorosa Marine Corp.

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Shikhar Ventures S.A.

  

Vessel Owning Company

  

 

100

% 

 

Liberia

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Sizzling Ventures Inc.

  

Operating Company

  

 

100

% 

 

Liberia

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Rheia Associates Co.

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Taharqa Spirit Corp.

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Rumer Holding Ltd.

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Pharos Navigation S.A.

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Pueblo Holdings Ltd

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Quena Shipmanagement Inc.

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Aramis Navigation Inc.

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

White Narcissus Marine S.A.

  

Vessel Owning Company

  

 

100

% 

 

Panama

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Navios GP L.L.C.

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Red Rose Shipping Corp.

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

 Highbird Management Inc.

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Ducale Marine Inc.

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Vector Shipping Corporation

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Faith Marine Ltd.

  

Vessel Owning Company

  

 

100

% 

 

Liberia

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Navios Maritime Finance (US) Inc.

  

Operating Company

  

 

100

% 

 

Delaware

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Navios Maritime Finance II (US) Inc.

  

Operating Company

  

 

100

% 

 

Delaware

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Tulsi Shipmanagement Co.

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Cinthara Shipping Ltd.

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Rawlin Services Company

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Mauve International S.A.

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Serenity Shipping Enterprises Inc.

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Mandora Shipping Ltd

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Solange Shipping Ltd.

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Diesis Ship Management Ltd

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Navios Holdings Europe Finance Inc.

  

Sub-Holding Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Navios Asia LLC

  

Sub-Holding Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Iris Shipping Corporation

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Jasmine Shipping Corporation

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Emery Shipping Corporation

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Lavender Shipping Corporation

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

1/1 - 12/31

Esmeralda Shipping Corporation

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/12 - 12/31

  

—  

Triangle Shipping Corporation

  

Vessel Owning Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/12 - 12/31

  

—  

Roselite Shipping Corporation

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

10/9 - 12/31

Smaltite Shipping Corporation

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

1/1 - 12/31

  

10/9 - 12/31

Motiva Trading Ltd

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

1/1 - 12/31

  

11/2 - 12/31

  

—  

Alpha Merit Corporation

  

Sub-Holding Company

  

 

100

% 

 

Marshall Is.

  

11/3 - 12/31

  

—  

  

—  

Thalassa Marine S.A.

  

Operating Company

  

 

100

% 

 

Marshall Is.

  

12/15 - 12/31

  

—  

  

—  

 
Depreciation rates

 

 

 

Vessels

  

25 years

Port terminals

  

5 to 40 years

Tanker vessels, barges and pushboats

  

15 to 45 years

Furniture, fixtures and equipment

  

3 to 10 years

Computer equipment and software

  

5 years

Leasehold improvements

  

shorter of lease term or 6 years

 
Finite lived acquired intangible assets

 

 

 

 

Intangible assets/liabilities

 

Years

 

Trade name

 

30

 

Favorable lease terms

 

8

 

Port terminal operating rights

 

47

 

Customer relationships

 

20