Tanker owner Navios Maritime Midstream Partners reported a 12.4% decline in quarterly profit that was in line with Wall Street forecasts.
The New York-listed master limited partnership (MLP), part of the Navios group of companies, reported net income of $5.46m, down from $6.23m in the third quarter of 2015.
And though revenue inched downward by 1.2% to $22.2m, the $0.26 in earnings per share hit the average analyst prediction exactly.
'Pleased'
Chief
