Navios Maritime Holdings narrowed its third-quarter loss as it did not repeat accounting losses incurred in the prior year from shedding control over a containership subsidiary.

The New York-listed company, which owns nearly 50 bulkers and is the main outfit in Angeliki Frangou's Navios group of companies, reported a $10.1m net loss attributable to common stockholders came for the three months through 30 September.