Angeliki Frangou's Navios Maritime Partners has notched its highest quarterly profit of a bountiful 2021 in the third quarter in earnings that for the first time include contributions from tankers acquired in its takeover of Navios Maritime Acquisition.
However, the tanker fleet did nothing to help the bottom line, as the Navios Acquisition vessels recorded an adjusted net loss of $9m as measured over a five-week period from 26 August until the end of the quarter on 30 September.
