Management of Navios Maritime Carriers is pushing back against tariff fears on the roadshow of its New York initial public offering in an effort that could make the difference between its $100m deal floating or not.

There is much to like about the “micro” aspects of the Angeliki Frangou-led owner’s offering in the boxship sector, but the biggest threat to the IPO’s success may be macro jitters among investors about world trade wars, finance experts told TradeWinds this week.