Navios Maritime Partners (Navios Partners), Angeliki Frangou’s New-York listed master limited partnership (MLP) running containerships and bulkers, is about to expand its boxship fleet, said management in a third-quarter results presentation.
Navios Partners, which has a war chest of about $150m in cash for further acquisitions, wants containers to eventually account for about half of its earnings before interest, tax, depreciation and amortisation (Ebitda) operating earnings, said Frangou, the company’s chairman and chief executive.
“We
