Navios lines up $134m capesize duo

New York-listed Navios Maritime Partners has moved to expand its dry bulk footprint, lining up two Japanese newbuilding capesizes under long-term bareboat-in arrangements. The Angeliki Frangou-led owner said in its quarterly earnings report it agreed to take the scrubber-fitted vessels from an unrelated third party on 12-year bareboat contracts. Navios holds purchase options from the …

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