Angeliki Frangou’s Navios Maritime Partners is calling on the capital markets for cash to fund ship acquisitions.

CEO, Angeliki Frangou.
The New York-listed bulker owner, which reported a modest improvement in quarterly profit just one week ago, could rake in more than $75m from a follow-on equity offering of four million shares and 600,000 overallotments based on a closing price of $16.42.

“Navios