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Tanker doldrums push Navios Acquisition to wider loss

Navios Maritime Acquisition has reported a larger third-quarter loss after being buffeted by the tough tanker market. But not all is doom and gloom at the Navios Group’s main tanker arm, with tanker rates improving and a pending merger with stablemate Navios Midstream Partners

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Angeliki Frangou-led owner sees positives in recent tanker rate surge and in metrics of proposed merger with Navios Midstream

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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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