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Navios Group Finance VLCC

Navios Midstream improves amid merger talks

One tanker owner that has been somewhat cushioned from the sector’s problems has been Navios Midstream Partners, which has unveiled improved second-quarter results from its time-chartered fleet. The company is currently weighing a merger proposal from general partner Navios Acquisition, which already controls a 59% stake and has made an all-stock offer for the publicly held units

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Time-chartered VLCC fleet delivers increased revenues and profits in latest quarter

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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