Navios Maritime Holdings could soon be on the acquisition trail after selling a pair of capesize bulkers to a related company in a deal worth $177m.
The Angeliki Frangou-led owner has offloaded the pair - recently purchased from Greek compatriot GrandUnion - to related outfit Navios Maritime Partners.
Navios Maritime Holdings appears to be making a tidy profit on the deal which involves $162m in cash swapping hands with the balance made up of almost 790,000 shares.
The
