Capital Product Partners buys another LNG carrier

New York-listed Capital Product Partners said it has purchased one 174,000-cbm newbuild liquefied natural gas carrier from its sponsor Capital Maritime & Trading Corp, boosting its fleet to seven LNG tankers.

The partnership said in a statement it has agreed to exercise its right of first offer and buy the X-DF LNG carrier Asterix I from Evangelos Marinakis-led Capital Maritime & Trading.

Such as the first six LNG carriers which joined CPLP last year, Capital Gas, also owned by Evangelos Marinakis, manages the new LNG carrier as well.

South Korea’s Hyundai Samho would deliver this newbuild in January 2023, the partnership said.

The LNG carrier comes with a long-term time charter with Hartree Partners Power & Gas Company (UK) for a firm period of 5 years, which, together with the optional period, expires in 2031, it said.

CPLP bought this carrier along three 13,278-teu container vessels for a total price of $597.5 million.

Most Popular

Venture Global reveals LNG fleet details

US LNG exporter Venture Global LNG has revealed more details regarding its fleet of nine owned and three chartered liquefied natural gas carriers.

CEO: Venture Global to sign multiple 20-year LNG contracts in coming quarters

US LNG exporter Venture Global LNG expects to sign and report on multiple 20-year LNG supply contracts in the incoming quarters, according to CEO Mike Sabel.

Woodside’s Louisiana LNG seeks FERC extension

Woodside is seeking an additional eight-month extension from the US FERC to complete and put into service its Louisiana LNG export facility.

More News Like This

CCEC secures LNG carrier charter deals

Capital Clean Energy Carriers (CCEC) has secured employment for two of its 174,000-cbm LNG carriers, which are currently under construction in South Korea.

Capital sells LNG carrier for scrap

Greece's Capital Gas has sold one steam liquefied natural gas (LNG) carrier for scrap, according to brokers.

Wartsila, Capital Gas ink LNG carrier maintenance deal

According to Wartsila, the five-year deal was booked in the third quarter of this year. Warstila did not provide the...

CCEC expects to become largest US-listed LNG shipping firm by 2027

CCEC announced in a statement on Monday completion of its conversion from a Marshall Islands limited partnership to a...