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Capital Product Partners L.P. Announces the Successful Delivery of the LNG Carrier ‘Axios II’

Retrieved on:

Thursday, January 4, 2024

Umbrella, LNG carrier, CBM, Acquisition, Partnership, Stroke, MEGA, ING Group, CPLP

ATHENS, Greece, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that it successfully took delivery of the LNG Carrier (“LNG/C”) ‘Axios II’.

Key Points:

ATHENS, Greece, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP), an international owner of ocean-going vessels, today announced that it successfully took delivery of the LNG Carrier (“LNG/C”) ‘Axios II’.
Pursuant to the agreement to acquire 11 LNG/Cs provided under the Umbrella Agreement entered into on November 13, 2023 (the “Umbrella Agreement”), the Partnership took delivery on January 2, 2024 of LNG/C Axios II (174,000 cbm, latest generation, two stroke MEGA LNG/C, built at Hyundai Heavy Industries Co., Ltd).
Axios II is the ninth latest generation LNG/C of the Partnership and the second vessel delivery of the fleet acquired under the Umbrella Agreement.
The remaining nine vessels are expected to be delivered between the second quarter of 2024 and the first quarter of 2027.

Capital Product Partners L.P. Announces Closing of Transaction to Acquire 11 Newbuild LNG Carriers Pursuant to Umbrella Agreement

Retrieved on:

Thursday, December 21, 2023

Umbrella, Partnership, Metre, Credit, LTD, Acquisition, Stroke, Treasury, Common, Assos, Rights, Ammonia, Capital, General partnership, CO2

ATHENS, Greece, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced the closing of the umbrella agreement (the “Umbrella Agreement”) entered into on November 13, 2023 with Capital Maritime & Trading Corp. (“Capital Maritime”) and Capital GP L.L.C.

Key Points:

ATHENS, Greece, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced the closing of the umbrella agreement (the “Umbrella Agreement”) entered into on November 13, 2023 with Capital Maritime & Trading Corp. (“Capital Maritime”) and Capital GP L.L.C.
(the “General Partner”) providing for the acquisition of 11 newbuild liquefied natural gas carrier vessels (“LNG/C”) from Capital Maritime (the “Vessels”) for a total acquisition price of $3,130.0 million.
Upon the closing of the Umbrella Agreement, CPLP today entered into 11 share purchase agreements to acquire 100% of the equity interests in each vessel-owning company of the Vessels (the “Vessel SPAs”).
Following the closing of the Umbrella Agreement, we intend to explore the disposal of our container vessels and abstain from acquiring additional container vessels.

Capital Product Partners L.P. Announces Results of Rights Offering

Retrieved on:

Thursday, December 14, 2023

Umbrella, Partnership, Form, Prospectus, Computershare, Treasury, Rights, Capital, Security (finance)

ATHENS, Greece, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced the final results of its previously announced rights offering to raise proceeds of up to $500,000,000 (the “Rights Offering”).

Key Points:

ATHENS, Greece, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced the final results of its previously announced rights offering to raise proceeds of up to $500,000,000 (the “Rights Offering”).
As previously announced, the Partnership entered into a Standby Purchase Agreement (the “Standby Purchase Agreement”) with Capital Maritime & Trading Corp. (“Capital Maritime”), pursuant to which Capital Maritime agreed to purchase from CPLP, at $14.25 per Common Unit (which is equal to the subscription price in the Rights Offering), the number of Common Units offered pursuant to the Rights Offering that are not issued pursuant to the Rights Offering.
Because the Rights Offering was not fully subscribed, Capital Maritime will purchase 34,641,731 Common Units pursuant to the Standby Purchase Agreement for an aggregate amount of $493,644,666.75.
We conducted the Rights Offering pursuant to the terms of an umbrella agreement, which we entered into on November 13, 2023 with Capital Maritime and Capital GP L.L.C.

Okeanis Eco Tankers Corp. – Commencement of trading on NYSE, completion of share re-registration process, end of trading suspension on Oslo Børs and exemption from Norwegian takeover rules

Retrieved on:

Friday, December 8, 2023

Depository Trust Company, FICC, VPS, Disclosure, Chapter Six, Security (finance), OET

OET is pleased to announce that its common shares will commence trading on NYSE from and including December 11, 2023.

Key Points:

OET is pleased to announce that its common shares will commence trading on NYSE from and including December 11, 2023.
Simultaneously with the NYSE listing, the common shares of OET will be secondary listed on Oslo Børs.
The Trading Suspension on the Company’s common shares on Oslo Børs, which has been in effect for the trading days on December 7, 2023 and today, has now ended.
The Company’s common shares will resume normal trading from start of trading on Oslo Børs from and including December 11, 2023.

Capital Product Partners L.P. Announces Commencement of Rights Offering

Retrieved on:

Monday, November 27, 2023

Umbrella, Partnership, Sale, Form, Date, Prospectus, Computershare, Rights, Capital, Security (finance), Exercise

ATHENS, Greece, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced that it has commenced its previously announced rights offering to raise proceeds of up to $500,000,000.

Key Points:

ATHENS, Greece, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced that it has commenced its previously announced rights offering to raise proceeds of up to $500,000,000.
CPLP has entered into a Standby Purchase Agreement with Capital Maritime & Trading Corp. (“Capital Maritime”)(the “Standby Purchase Agreement”), pursuant to which Capital Maritime has agreed to purchase from CPLP, at $14.25 per Common Unit (which is equal to the subscription price), the number of Common Units offered pursuant to the Rights Offering that are not issued pursuant to the Rights Offering.
Copies of the Prospectus, which contains further details regarding the Rights Offering, and related Rights Offering materials, will be provided to all holders of Common Units as of the Record Date.
We are conducting the Rights Offering pursuant to the terms of an umbrella agreement, which we entered into on November 13, 2023 with Capital Maritime and Capital GP L.L.C.

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:

Monday, November 13, 2023

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 Third Quarter 2023 Financial Results

Retrieved on:

Monday, November 13, 2023

Net income for the quarter ended September 30, 2023, was $17.0 million, compared with net income of $58.7 million for the third quarter of 2022.

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Net income for the quarter ended September 30, 2023, was $17.0 million, compared with net income of $58.7 million for the third quarter of 2022.
Total revenue for the quarter ended September 30, 2023, was $95.5 million, compared to $71.9 million during the third quarter of 2022.
Total expenses for the quarter ended September 30, 2023, were $51.0 million, compared to $40.4 million in the third quarter of 2022.
Total vessel operating expenses during the third quarter of 2023 amounted to $22.3 million, compared to $17.0 million during the third quarter of 2022.

Capital Product Partners L.P. Announces New Date for Third Quarter 2023 Earnings Release, Conference Call and Webcast

Retrieved on:

Friday, November 3, 2023

ID, Webcast, CPLP, Cryptocurrency

ATHENS, Greece, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced a new date for the third quarter 2023 earnings release, conference call and webcast.

Key Points:

ATHENS, Greece, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced a new date for the third quarter 2023 earnings release, conference call and webcast.
On November 13, 2023 CPLP will release financial results for the third quarter ended September 30, 2023 before the NASDAQ market opens.
On the same day, Monday, November 13, 2023, CPLP will host an interactive conference call at 9:00 am Eastern Time to discuss the financial results.
Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

Capital Product Partners L.P. Schedules Third Quarter 2023 Earnings Release, Conference Call and Webcast

Retrieved on:

Friday, October 27, 2023

ID, Webcast, CPLP, Online shopping

ATHENS, Greece, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that before the NASDAQ market opens on November 10, 2023 CPLP will release financial results for the third quarter ended September 30, 2023.

Key Points:

ATHENS, Greece, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ: CPLP) today announced that before the NASDAQ market opens on November 10, 2023 CPLP will release financial results for the third quarter ended September 30, 2023.
On the same day, Friday, November 10, 2023, CPLP will host an interactive conference call at 10:00 am Eastern Time to discuss the financial results.
Please quote “Capital Product Partners” to the operator and/or conference ID 13742392.
Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

Capital Product Partners L.P. Announces Cash Distribution

Retrieved on:

Monday, October 23, 2023

CPLP, Rare-earth element, Cryptocurrency

ATHENS, Greece, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ:CPLP) today announced that its board of directors has declared a cash distribution of $0.15 per common unit for the third quarter of 2023 ended September 30, 2023.

Key Points:

ATHENS, Greece, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Capital Product Partners L.P. (NASDAQ:CPLP) today announced that its board of directors has declared a cash distribution of $0.15 per common unit for the third quarter of 2023 ended September 30, 2023.
The third quarter common unit cash distribution will be paid on November 13, 2023 to common unit holders of record on November 6, 2023.