Frangou preaches patience but Navios protects itself before the fact
- Navios Partners has $3.4bn in secured revenues
- Chief executive Angeliki Frangou sees silver lining of opportunities in US-triggered changes that could lead to demand for new vessels
- Prior moves to de-risk has given Greece-based owner breathing space to contemplate next moves
US-listed owner modernised the fleet, stacked its charter backlog and deleveraged prior to latest trade disruptions
