Greek giant Navios Maritime Partners is likely to focus on “long-awaited” share buybacks this year as its cash position improves, analysts argue.
Fearnley Securities said the US-listed owner of tankers, bulkers and boxships could also add to its orderbook in improving markets.
Analysts Oystein Vaagen and Fredrik Dybwad describe charter coverage as strong, with 60% of days booked for 2024.
