As an accuracy minded shipping news editor, I grumbled to myself each time a new spin-off was created starting with the word "Navios". After all, it would mean more double checking to ensure the right entity was identified in each story.
When Navios Maritime Partners reached a deal to buy up its sister company, tanker owner Navios Maritime Acquisition, it was another step in simplifying what had been a complex web that the Angeliki Frangou-led group had spun.
