Navios Maritime Partners (NMM) has released an update.
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Navios Maritime Partners L.P. has announced an update to its management agreement with Navios ShipManagement Inc., effective 20 February 2024. The amendment includes a new definition for ‘Specialized Owned Vessel’ and establishes an additional daily management fee of $550 for such vessels. All other terms of the original agreement remain unchanged, solidifying the ongoing partnership between the two entities.
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