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Navios in no rush for scrubbers as dry market heats up

Navios is reaping the benefit of an improved dry bulk market and is not about to pull any of its vessels out of the water to retrofit scrubbers. While not ruling such a move out for bigger vessels later on, chairman and chief executive Angeliki Frangou also believes that the group is likely to benefit from better prices if it chooses to go down the scrubber route later

Angeliki Frangou does not rule out retrofits but says it will pay to wait before making a decision

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