On November 28, 2023, Ned L Sherwood announced that he has sent a letter to Navios Maritime Partners LP, based on his observations he requests that Angeliki Frangou and the Company board take the actions to immediately unlock the unitholder value to 1) remove all anti-takeover provisions from Company?s Marshall Island charter, 2) force Angeliki Frangou to merge her privately-held ship management entity into the Company to eliminate the clear conflict of interest between the Company and this opaque entity, 3) hire investment bankers to review offers for the various segments of Company to realize appropriate valuations for the unitholders approximating its estimated $100-$117 NAV and to substantially narrow the valuation gap between current pricing and estimated NAV, 4) the Company should cease purchasing new ships and instead immediately buy back equity until the unit price reached a price closer to NAV. In addition, Ned L Sherwood urged the shareholders of the Company to withhold votes for Serafeim Kriempardis, if not pleased with the Company?s performance.