Full City

Capital Product Partners L.P. Announces Transformative Transaction including the Acquisition of 11 Newbuild LNG Carriers for $3.1 billion, Renaming of the Partnership as “Capital New Energy Carriers L.P.” and Intention to Convert into a Corporation Focuse

Retrieved on: 
Montag, November 13, 2023
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ATHENS, Greece, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced that it has entered into an umbrella agreement (the “Umbrella Agreement”) with Capital Maritime & Trading Corp. (“Capital Maritime”) and Capital GP L.L.C. (the “General Partner”) providing for the acquisition of the following 11 newbuild LNG carriers (“LNG/C”) from Capital Maritime for a total acquisition price of $3,130.0 million:

Key Points: 
  • The charterer has the option to extend the charter for 36 months (+30/-30 days).
  • (5)  In November 2022, the company owning the LNG/C Assos, entered into a time charter agreement with Tokyo Gas for 10 years (+30/-30 days).
  • Available days per vessel for LNG/Cs Assos and Apostolos are adjusted for one special survey per vessel.
  • The vessels will be purchased through the acquisition of 100% of the equity interests in the applicable vessel-owning company.

Capital Product Partners L.P. Announces the Acquisition of One LNG Carrier, the Acquisition of Three 13,278 TEU Container Vessels and the Sale of Two 8,266 TEU Container Vessels

Retrieved on: 
Dienstag, Juni 7, 2022
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These acquisitions are expected to generate approximately $73.4 million of annual gross revenue over the firm period of the charters.

Key Points: 
  • These acquisitions are expected to generate approximately $73.4 million of annual gross revenue over the firm period of the charters.
  • The issuance of common units to the Seller will occur upon the delivery of the first vessel, the M/V Manzanillo Express.
  • About Capital Product Partners L.P.
    Capital Product Partners L.P. (NASDAQ: CPLP), a Marshall Islands master limited partnership, is an international owner of ocean-going vessels.
  • CPLP currently owns 21 vessels, including six latest generation LNG carriers, eleven Neo-Panamax container vessels, three Panamax container vessels and one Capesize bulk carrier.