Form 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR

15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of January, 2012

COMMISSION FILE NUMBER 001-33373

 

 

CAPITAL PRODUCT PARTNERS L.P.

(Translation of registrant’s name into English)

 

 

3 IASSONOS STREET

PIRAEUS, 18537 GREECE

(address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F þ Form 40-F ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes ¨ No þ

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes ¨ No þ

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ¨ No þ

If “yes” is marked, indicate below this file number assigned to the registrant in connection with Rule 12g3-2(b): N/A

 

 

 


Item 1 — Information Contained in this Form 6-K Report

Attached as Exhibit I is a press release of Capital Product Partners L.P., dated January 12, 2012.

This report on Form 6-K is hereby incorporated by reference into the registrant’s registration statement, registration number 333-177491, dated October 24, 2011.

 

Page 2 of 3


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

CAPITAL PRODUCT PARTNERS, L.P.,
By: Capital GP L.L.C., its general partner
/s/ Ioannis E. Lazaridis
Name:   Ioannis E. Lazaridis
Title:   Chief Executive Officer and
  Chief Financial Officer of Capital GP L.L.C.

Dated: January 13, 2012

 

Page 3 of 3

Press Release

Exhibit I

LOGO

CAPITAL PRODUCT PARTNERS L.P. ANNOUNCES THE SUCCESSFUL EXTENSION OF

THE CHARTERS OF THE MR PRODUCT TANKERS M/T AGAMEMNON II AND M/T

AYRTON II

ATHENS, Greece, January 12, 2012 - Capital Product Partners L.P. (Nasdaq: CPLP) announced today the extension of the charters of both the M/T Agamemnon II and the M/T Ayrton II to BP Shipping.

The M/T Agamemnon II (2008 STX Offshore & Shipbuilding Co., 51,238 dwt) was fixed to BP Shipping at a daily charter rate of $14,000 net for 12 months (+/- 1 month) and the charter is subject to a profit sharing arrangement which allows each party to share, at a 50/50 percentage, additional revenues earned for breaching the Institute Warranty Limits. The new charter rate will commence upon redelivery from the vessel’s current charter, expected at the end of January 2012, with earliest expected redelivery at the end of December 2012.

The M/T Ayrton II (2009 STX Offshore & Shipbuilding Co., 51,260 dwt) was fixed to BP Shipping for 24 months (+/- 1 month) at a daily charter rate of $14,000 net for the first 12 month period and at a daily charter rate of $15,000 net for the second 12 month period. The charter is subject to a profit sharing arrangement which allows each party to share, at a 50/50 percentage, additional revenues earned for breaching the Institute Warranty Limits. The new charter rate will commence upon redelivery from the vessel’s current charter, expected in April 2012, with earliest expected redelivery in March 2014.

About Capital Product Partners L.P.

Capital Product Partners L.P. (NASDAQ: CPLP), a Marshall Islands master limited partnership, is an international owner of modern double-hull tankers. The Partnership currently owns 27 vessels, including two VLCCs (Very Large Crude Carriers), four Suezmax crude oil tankers, 18 modern MR tankers, two small product tankers and one capesize bulk carrier. Most of its vessels are under medium- to long-term charters to BP Shipping Limited, Overseas Shipholding Group, Petrobras, Arrendadora Ocean Mexicana, S.A. de C.V., Cosco Bulk Carrier Co. Ltd and Capital Maritime & Trading Corp.

For more information about the Partnership, please visit our website: www.capitalpplp.com.

Forward-Looking Statements

The statements in this press release that are not historical facts, including the expected delivery and redelivery dates and charter rates for our vessels, may be forward-looking statements (as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended). These forward-looking statements involve risks and uncertainties that could cause the stated or forecasted results to be materially different from those anticipated. Unless required by law, we expressly disclaim any obligation to update or revise any of these forward-looking statements, whether because of future events, new information, a change in our views or expectations, to conform them to actual results or otherwise. We assume no responsibility for the accuracy and completeness of the forward-looking statements. We make no prediction or statement about the performance of our common units.


LOGO

 

CPLP-F

Contact Details:

 

Capital GP L.L.C.    Investor Relations / Media
Ioannis Lazaridis, CEO and CFO    Matthew Abenante
+30 (210) 4584 950    Capital Link, Inc. (New York)
E-mail: i.lazaridis@capitalpplp.com    Tel. +1-212-661-7566
   E-mail: cplp@capitallink.com
Capital Maritime & Trading Corp.   
Jerry Kalogiratos, Finance Director   
+30 (210) 4584 950   
E-mail: j.kalogiratos@capitalpplp.com