Navios Maritime Partners hold onto newfound cash

New York-listed shipowner Navios Maritime Partners which is led by is Angeliki Frangou is expected to hold onto newfound cash, rather than rushing to return it to shareholders. CEO Angeliki Frangou
says Navios Maritime Partners is focused on ensuring stability now before resuming a dividend or buying up shares. Navios Maritime Partners would consider deploying liquidity to buy shares that are
trading well below net asset value (NAV).