Navios Maritime Containers will convert into a limited partnership in a second attempt to become a New York-listed boxship player.
Sister MLP Navios Maritime Partners plans to give 2.5% of the container-focused growth vehicle to its shareholders as part of a move to list the future MLP on the Nasdaq Global Select Market, according to a regulatory filing.
The Angeliki Frangou-backed owner of 26 boxships is currently trading on the Oslo Stock Exchange's over-the-counter market as NMCI.
