Angeliki Frangou's Navios group is taking advantage of the dry bulk market’s revival to part with some of her oldest vessels.
Two of the Greek shipping group's New York-listed companies, Navios Maritime Holdings and spin-off Navios Maritime Partners, have shed a panamax each this week, Athens-based brokers report.
Navios Holdings’ 75,400-dwt Navios Amitie (built 2005) is said to have fetched between $7.1m