“Appoint them and get rid of these people who claim they are independent but really are not. It’s a little bit of a joke."

Montpelier fund founder Nicholas Cournoyer wants to see directors able to stand up to Navios bosses.

“We think they do a lot of things well. She knows her business and her team knows their business extremely well. We’re not trying to micro-manage them or tell them how to do shipping, that’s their area of expertise.

But