Capital Product Partners Invests $756 Million in 10 New Gas Carriers

MT Newswires Live

2024-06-03

Capital Product Partners Invests $756 Million in 10 New Gas Carriers

Capital Product Partners (CPLP) said Monday it making a strategic investment of $756 million in 10 new gas carriers.

Deliveries are expected between the Q1 of 2026 and Q3 of 2027, according to the company.

The investment covers six dual fuel medium gas carriers and four liquid CO2 handy multi gas carriers, the company added.

Capital Product Partners said it will fund the investment from the sale of seven container vessels between February to May together with other cash at hand and debt financing.

Price: 17.84, Change: -0.04, Percent Change: -0.22

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