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> Economy

Angeliki Frangou: A new global order is taking shape and reshaping shipping

Strong profitability and higher dividends for Navios Partners – Net income of $285.3 million in 2025 and a 20% increase in distributions – Geopolitical shifts and strategic diversification in focus

Minas Tsamopoulos February 19 09:30

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Angeliki Frangou, Chairwoman and CEO of Navios Maritime Partners, said the group is well positioned to navigate a period of rising geopolitical instability and a major reshaping of global trade, as the company announced strong financial results for 2025.

Strong financial performance in 2025

Navios Maritime Partners reported revenues of $1.34 billion for full-year 2025, while net income reached $285.3 million.
For the fourth quarter of 2025, revenues totaled $365.6 million, with net income of $117.3 million.

Key financial highlights:

  • EBITDA 2025: $744.6 million
  • EBITDA Q4 2025: $224.8 million
  • Earnings per unit: $9.59 for 2025 and $3.99 for Q4
  • Operating cash flow: $505 million for the year

Dividend increase and capital returns

Navios Partners announced a 20% increase in its dividend policy, effective from the first quarter of 2026, raising annual distributions to $0.24 per unit.

The company also continued to strengthen shareholder returns through:

  • A $0.05 per unit distribution for Q4 2025
  • Repurchase of 1.6 million units during 2024–2026 for $72.9 million
  • Contracted revenues of $3.8 billion through February 2026

Fleet renewal strategy

At the same time, the group advanced targeted fleet renewal initiatives, acquiring two newbuild Capesize vessels from Japan and selling two VLCC tankers with an average age of 16 years.

Frangou on the “new global order”

Angeliki Frangou placed particular emphasis on structural changes in international trade, noting that a new global order is emerging, characterized by:

  • The rise of new trade agreements
  • Trade increasingly used as a tool of national policy
  • Governments prioritizing exports, industrial policy, and supply chain control

She stressed that conflicts and geopolitical tensions are redirecting maritime trade flows, increasing sailing distances, transportation costs, and transit times.

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“As political factors gain importance, trade routes are no longer determined solely by efficiency,” she said.

Positioned for the future

Frangou expressed confidence that Navios Partners is well prepared for the evolving environment thanks to:

  • A diversified fleet
  • Disciplined risk management
  • The ability to adapt across different market cycles

The key message from Piraeus is clear: in a world where geopolitics increasingly shapes global trade, shipping groups with flexibility, scale, and diversification are expected to be the winners in the years ahead.

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