Navios duo to expand with 16 vessels
Boxships and product tankers from Navios Europe I will go to Navios Acquisition and Navios Partners, with the latter also cutting deals for six more bulkers
The 10-ship joint venture Navios Europe I was 47.5% owned by Navios Maritime Holdings and 47.5% by tanker arm Navios Maritime Acquisition, with the remaining 5% held by Navios Maritime Partners