The dealmaking machine that is Angeliki Frangou’s Navios Maritime Partners has been busy spinning bulker sales, with three of its older vessels going out the door in recent weeks.
Built between 2007 and 2011, the trio is but the latest in a long string of older bulk carrier and tanker sales by Navios — a behemoth group that regularly renews its fleet of more than 100 ships with newbuildings.