Exhibit 23.3
Drewry Shipping Consultants Ltd., Drewry House, Meridian Gate, 213 Marsh Wall, London E14 9FJ, England
Telephone: +44 (0) 20 7538 0191 Facsimile:+44 (0) 20 7987 9396 Email: enquiries@drewry.co.uk Website: www.drewry.co.uk
Navios Maritime Holdings Inc.
85 Akti Miaouli Street
Piraeus
Greece 185 38
31 March, 2006
Dear Sir/Madam
Reference is made to the Form F-1/A registration statement (the "Registration Statement") relating to the prospectus of Navios Maritime Holdings Inc. (the "Company") being filed in connection with the potential issuance of shares of common stock underlying the Company's publicly traded warrants. We hereby consent to all references to our name in the Registration Statement and to the use of the statistical information supplied by us set forth in sections of the Registration Statement entitled "The International Dry Bulk Shipping Industry". We further advise the Company that our role has been limited to the provision of such statistical data supplied by us. With respect to such statistical data, we advise you that:
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| • | We have accurately described the international dry bulk shipping industry, subject to the availability and reliability of the data supporting the statistical and graphical information presented, and: |
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| • | Our methodologies for collecting information and data may differ from those of other sources and do not reflect all or even necessarily a comprehensive set of actual transactions occurring in the dry bulk shipping industry. |
We hereby consent to the filing of this letter as an exhibit to the Registration Statement of the Company on Form F-1/A to be filed with the U.S. Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended, and to the reference to our firm in the section of the Registration Statement titled "Experts".
Yours faithfully
/s/ Nigel Gardiner
Nigel Gardiner
Managing Director
Drewry Shipping Consultants Ltd.