Navios Maritime Partners L.P. (NYSE:NMM) Q3 2023 Earnings Call Transcript

Angeliki Frangou: Today, the U.S. economy is pretty healthy. There is cloud. I mean there is definitely clouds both on the interest rate, but we don’t see a recession today. But you also have a big effect from the wars in Ukraine and Israel. Basically, the Ukrainian war added to the ton miles. This is something that doesn’t change. It will continue in our system. There is longtail miles on crude and product. And this is without taking any consideration of any potential. And I don’t know how that will be potential disruption because of the world. And that can have quite an effect. Don’t forget the area has a lot of the oil, a lot of the gas, it can be significant in case of a disruption there.

Operator: And we have reached our allotted time for questions. I will now turn the call back over to Ms. Angeliki Frangou for any additional or closing remarks.

Angeliki Frangou: Thank you. This concludes our results for the quarter.

Operator: Thank you. This does conclude today’s program. Thank you for your participation. You may disconnect at any time.