Greece’s Navios Maritime Holdings is talking up its remaining investments after selling its last 36 bulkers.
Sister company Navios Maritime Partners paid $835m for the vessels earlier this year, with US-listed Navios Holdings using the cash to pay off debt of $784m.
Chief executive Angeliki Frangou told a conference call with analysts that the disposal was carried out “at a good time” and that the second quarter was an important one for the company.
