In the New York-listed operator’sfirst-quarter conference call chief executive Angeliki Frangou hinted that hercompany intends to seek more VLCCs in the months ahead.
“As our recently announced acquisitionmakes clear, we are looking to continue to grow the fleet,” she said in referenceto the purchase of a vessel that is widely believed to be the 305,500-dwt Charles Eddie(built 2002).
When asked whether Navios Acquisitionwould continue to target tonnage of a similar age going forward Frangou admittedthat the surge in asset prices has made investments in many newer models lessattractive than in the past.
In
