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