Browsing Tag
Navios Maritime Partners L.P.
2 posts
Navios Maritime Partners’ $4.8bn net vessel equity is nearly twice its stock-market value
Navios Maritime Partners L.P. says its vessels in the water carry about $4.8 billion of net vessel equity. Against a market capitalization near $2.4 billion, that helps explain why management doubled its repurchase authorization to $200 million.
Navios Maritime shares rise as Q2 profit doubles and $4.4bn charter backlog expands
Navios Maritime Q2 revenue rose 25% as charter rates surged, profit doubled and its backlog hit $4.4B. See how a $200M buyback changes the outlook.