ShippingWatch

Navios Maritime had profitable Q2

Higher rates helped the Greek carrier to a profitable second quarter. The carrier has spent the year on renewing and expanding its fleet, says CEO Angeliki Frangou in the interim report.

Navios Maritime Partners finished the second quarter this year with a positive bottom line, according to the second quarter interim report from the Greek carrier.

For the months April, May, and June, consolidated net income came to USD 4.1 million, while the adjusted operating profit (ebitda) finished at USD 32.2 million.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Poseidon Principles set to raise ambitions in coming weeks

The banks in Poseidon Principles are working on the basis of halving CO2 emissions in shipping by 2050. At the same time, some of the same banks are working towards a target of CO2 neutrality by 2050 as part of the Net-Zero Banking Alliance. Before long, Poseidon will reassess its ambition.

Further reading

Related articles

Trial banner

Latest news

See all jobs