Navios Maritime Holdings Inc. announced a definitive agreement providing for the sale of its 36-vessel drybulk fleet for an aggregate consideration of approximately $835.0 million consisting of cash and the assumption of bank debt and finance leases related to the vessels and subject to working capital adjustment at closing, to Navios Maritime Partners L.P. The aggregate transaction consideration is expected to reduce Navios Holdings' liabilities by approximately $784.2 million.