The rumour mills are spinning furiously with several leading shipowning groups said to be potential buyers of a two thirds stake in Navios Corp which appears to be up for sale.

General Maritime, OMI, the Restis group, Frontline and the Goldman Sachs investment empire were all said to be circling Navios this morning - and there are no doubt other names out there that TradeWinds has not so far heard of.

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