Shipping behemoth Navios Maritime Partners’ fleet has shrunk somewhat after a string of deals designed to make it younger, on average.

The Angeliki Frangou-led company confirmed on Tuesday the sale of 11 bulkers and tankers over the past three months in deals raising $214m.

TradeWinds has already reported on all these divestments, which form part of an even wider sale drive in which the company offloaded at least 16 vessels since September.