Navios Maritime Acquisition has recorded a stronger than forecast third quarter profit as term charters insulated it from a weak tanker market.
New York-listed Navios Acquisition booked a profit of $8.8m in the three months to the end of September, down from $23.2m at the same stage in 2015.
Earnings per share of $0.06 per share were double what analysts tracking the company had projected.
Angeliki
