Navios Containers agrees boxship charters
Poor boxship rates put the squeeze on Navios Maritime Containers’ profits in the first quarter but the Angeliki Frangou-led owner of 30 boxships sees the fundamentals as positive for its fleet of new and baby panamaxes. Rates have been recovering but the company has also inked its first index-linked charters based on the Hamburg ConTex
‘Innovative’ step adds to company toolbox for dealing with poor market, says Angeliki Frangou