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Navios Partners unveils long-term dry bulk charters

Navios Maritime Partners has posted stronger third-quarter results owing to an expanded fleet and higher rates during the quarter, which prompted the owner to lock in a number of its bulk carriers into long-term charters. One cape charter deal includes an agreement to install an exhaust gas scrubber in return for a higher rate, although Navios declares itself ‘agnostic’ about scrubbers

With the latest charters, the partnership has contracted out 45.8% of its availability for 2019 and 31.5% for 2020

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