UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
____________________
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15-d16 OF THE SECURITIES
EXCHANGE ACT OF 1934
DATE
OF REPORT: JANUARY 29, 2008
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 x Form
40-F o
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 o No
x
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 o No
x
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 o No
x
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 copy of a press release of Capital Product Partners L.P.,
dated January 29, 2008.
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.
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CAPITAL
PRODUCT PARTNERS L.P.,
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|||
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By:
|
Capital
GP L.L.C., its general partner
|
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| /s/ Ioannis E. Lazaridis | |||
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Name: Ioannis
E. Lazaridis
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|||
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Title: Chief
Executive Officer and Chief Financial Officer of Capital GP
L.L.C.
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Dated: January
29, 2008
Exhibit
I
CAPITAL
PRODUCT PARTNERS L.P. ANNOUNCES
SUCCESSFUL DELIVERY OF ITS FOURTEENTH PRODUCT TANKER, M/T 'ALEXANDROS
II'
ATHENS,
Greece,
January 29, 2008 -- Capital Product Partners L.P. (Nasdaq:CPLP) announced today
that it has taken successful delivery of its fourteenth product tanker, M/T
"Alexandros II", from STX Shipbuilding Co., Ltd., a Korean shipyard, on January
29, 2008.
M/T
"Alexandros II"
has a carrying capacity of 51,257 dwt and is capable of transporting a range
of
refined oil products, chemicals (including ethanol and biodiesel feedstock),
and
crude oil worldwide. The vessel has been fixed under a bareboat charter
commencing at the time of delivery with Overseas Shipholding Group Inc., for
ten
years at a base rate of $13,000 per day. The vessel's purchase price of
$48 million has been fully funded through a drawdown on
CPLP’s existing revolving credit facility.
The
M/T "Alexandros
II" is the first of three 51,000 dwt MR chemical/product tanker sister vessels
to be delivered in 2008. The remaining two vessels are scheduled for delivery
in
June and August of this year. Overseas Shipholding Group Inc. has an option
to purchase each vessel at the end of the eighth, ninth or tenth year of its
charter, which option is exercisable six months before the date of completion
of
the relevant year of the charter.
About
Capital
Product Partners L.P.
Capital
Product
Partners L.P. (Nasdaq:CPLP), a Marshall Islands master limited partnership,
is
an international owner of product tankers. The Partnership owns
14 modern product tankers, including 12 Ice Class 1A
medium-range tankers and one small tanker, and has an agreement to purchase
two
additional MR product tankers from Capital Maritime & Trading Corp. All 16
vessels are under medium- to long-term charters to BP Shipping Limited, Morgan
Stanley, Overseas Shipholding Group and Trafigura Beheer B.V.
Forward-Looking
Statements
The
statements in
this press release that are not historical facts, including statements regarding
the expected delivery of 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.
CPLP-G
Contacts:
Ioannis
Lazaridis
Chief
Executive
Officer and Chief Financial Officer
Capital
GP
L.L.C.
+30
(210) 4584
950
i.lazaridis@capitalpplp.com
Jerry
Kalogiratos
Commercial
Officer
Capital
Maritime
& Trading Corp.
+30
(210) 4584
950
j.kalogiratos@capitalmaritime.com
Merete
Serck-Hanseen
SVP
Finance
Capital
Maritime
& Trading Corp.
+1
(203) 539-6026
mserckhanssen@capitalmaritime.com
Robert
Ferris
RF|Binder
Partners
Inc.
+1
(212) 994-7505
Robert.ferris@rfbinder.com