Navios Maritime Partners, a US-listed shipping giant with nearly 180 bulkers, tankers and container ships, reported improved year-on-year results for the third quarter, on the back of higher revenue.
Net income reached $97.8m from $89.8m in the same period of 2023.
Chief executive Angeliki Frangou said on Tuesday: “This past 18 months has been surprisingly positive for shipping, given sputtering growth from China, weak European economies and two armed conflicts.”