Capital Product Partners L.P. (Nasdaq: CPLP) is an international shipping company engaged in the seaborne transportation of natural gas, containerized goods and dry cargo. As a publicly traded master limited partnership, CPLP has elected to be treated as a C-Corp. for tax purposes which is most beneficial for U.S. investors (as they receive the standard 1099 form). The Partnership is well-positioned to benefit from the long-term growth dynamics of the global shipping industry and to capitalize on potential acquisition opportunities in the fragmented shipping market.
The Partnership acquired six 174,000 cubic meter (“CBM”) latest generation X-DF LNG carriers in the second half of 2021 for total consideration of $1.2 billion with long- term time charter employment in place with BP Gas Marketing Limited, Cheniere Marketing International LLP and Engie Energy Marketing Singapore Pte Ltd. The seventh 174,000 CBM latest generation X-DF LNG/C the Partnership acquired was delivered in February 2023 and is on long-term charter to Hartree Partners Power & Gas Company (UK) Limited.
Capital Product Partners L.P. Announces the Successful Delivery of the LNG Carrier ‘Asterix I’
ATHENS, Greece , Feb. 21, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ:CPLP), an international owner of ocean going vessels, today announced the successful delivery of the LNG carrier (“LNG/C”) ‘Asterix I’. The vessel was delivered on February 17, 2023 and has started her seven..Read More
Capital Product Partners L.P. Announces Fourth Quarter 2022 Financial Results
ATHENS, Greece , Feb. 03, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today released its financial results for the fourth quarter ended December 31, 2022 ...Read More