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.
ATHENS, Greece , Oct. 02, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) (the “Partnership”) today announced that Capital GP L.L.C. , its general partner (the “General Partner”), has appointed Mr. Atsunori Kozuki to act as a member of the Board of Directors of the Partnership..Read More
ATHENS, Greece , Sept. 26, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) (the “Partnership”) today announced that it held its annual meeting of Limited Partners in Athens, Greece on September 22, 2023 . At that meeting: Rory Hussey was re-elected to act as a Class I Director..Read More