Navios to merge tanker and bulker companies

In what Chairwoman and CEO Angeliki Frangou calls a “transformative transaction,” dry bulk specialist Navios Maritime Partners L.P. (NYSE: NMM) and tanker specialist Navios Maritime Acquisition Corp. (NYSE:NNA), are to combine.

“The combined entity will be the largest U.S. publicly-listed shipping company in terms of vessel count, with 15 vessel types diversified across three segments, servicing more than 10 end markets. About one-third of our fleet will be in each of the dry bulk, containership...

https://www.marinelog.com/shipping/markets/navios-to-merge-tanker-and-bulker-companies/

2 Women Top Greek Shipowners by Tonnage List

  • The leading owners remain pretty much unchanged, the list reflects the changing face of Greek shipping in that of the top eight fleets four of them have women at the helm.
  • Indeed, the top two fleets are headed by Maria Angelicoussis and Angeliki Frangou respectively.
  • There are 73 Greek-controlled fleets of over 1m dwt each, down two on the 2020 record of 75 fleets, but still the second highest number ever.

A recent Seatrade Maritime news report by David Glass states that Angelicoussis and...

https://mfame.guru/2-women-top-greek-shipowners-by-tonnage-list/

Ship Operators Seek Calmer U.S. Trade Waters

The global shipping industry is hoping that President Biden’s “America is back” declaration means the U.S. is returning to free-trade principles, and away from Trump administration protectionist policies that often dragged ocean vessels into efforts to enforce sanctions, reports WSJ.

What Happened 

The long-running trade dispute with China and sanctions on big oil producers like Iran and Venezuela have left shipping companies navigating a complicated and fast-changing web of financial and...

https://mfame.guru/ship-operators-seek-calmer-u-s-trade-waters/