Angeliki Frangou-led Navios Maritime Partners is to offer up to $25m of its common units for sale.
The Greek bulker company said it had signed a deal with agent S. Goldman Capital to make available stock owned by limited partner interests from time to time.
This is pursuant to its 2014 shelf registration filing.
The owner reported a $33.8m loss for the third quarter amid ongoing rate weakness and a big-bath loss on its exposure to bankrupt container line Hanjin.
The New York-listed company received shares in Hanjin as part of the company's restructuring.
But the sale of the shares resulted in a $19.4m loss in the quarter.
The loss also reflected non-cash impairment charges related to the value of two ships that Navios had on charter to Hanjin.
