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Navios Containers shareholders back Navios Partners merger

‘Transformative’ transaction creates 85-ship fleet evenly split between dry bulk and boxship, says Angeliki Frangou

Navios group chairman and chief executive Angeliki Frangou said the deal was a transformative transaction, creating ‘one of the 10 largest publicly-listed dry cargo fleets’. The merger also gives Navios Partners greater diversification with about half the fleet comprising dry bulk carriers and the other half containerships

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