MRMP Files 13D on Navios Maritime Partners (NMM), Shares Concerns in Letter

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Go back to MRMP Files 13D on Navios Maritime Partners (NMM), Shares Concerns in Letter

MRMP Crosses 5% Threshold; Files 13D; Sends Letter to Navios Maritime Partners L.P.

July 22, 2021 12:26 PM EDT

NEW YORK--(BUSINESS WIRE)-- MRMP-Managers LLC ("MRMP"), announced today that it has transmitted a letter to Navios Maritime Partners L.P. (the "Company") (NYSE: NMM) sharing urgent and serious concerns regarding the current management and direction of the Company.

Ned Sherwood of MRMP commented, Our group has had over thirty years of success investing in various companies that are operated by experienced multi-generation families. Angeliki Frangou is a member of a shipping family that spans generations. We are confident in her ability to manage NMMs fleet of approximately 95 dry bulk and... More