NewYork-based Claren Road has swallowed a $13m slice of the NYSE-listed tankerowner, an SEC filing shows.

Clarentoday reveals it bought 3,956,844 sharesin Navios Acquisitionat the tail end of last week.

Itsswoop gives it a 5.2% slice of the Angeliki Frangou led shipowner, which onlydays earlier teamed with parent Navios Holdings to take 10 idle ornon-performing vessels from HSH Nordbank’s portfolio.