Greek owner Capital Product Partners (CPLP) unveiled on Monday that has sealed a deal for the sale of the 115,534 dwt vessel Akadimos of 9,300 teu, eco-flex, wide beam container vessel, built in 2015 by Daewoo-Mangalia Heavy Industries in Romania. The delivery to the buyer is expected within March 2024.
The partners have also entered into a memorandum of agreement for the en bloc sale of sister vessels Fos Expres, 68,579 dwt, 5,100, container vessel, built in 2008 by Hanjin Heavy Industries & Construction in South Korea and Seattle Express, 68,411 dwt / 5,100 teu, container vessel, built in 2008 by Hanjin Heavy Industries and Construction in South Korea. The delivery to the buyer is expected by April 2024.
Including the recently announced sale of the 68,618 dwt Long Beach Express container vessel, built in 2008 by Hanjin Heavy Industries & Construction in South Korea, which was delivered to its new owners on February 26th 2024, the partnership expects gross cash proceeds, after repaying outstanding debt, of around $81m.
The Nasdaq-listed owner currently owns 23 high specification vessels, including nine latest generation LNG/Cs, 12 neo-panamax container vessels and two Panamax container vessels.
CPLP has agreed to sell two panamax container vessels and one neo-panamax container vessel by the second quarter of 2024. In addition, CPLP has agreed to acquire nine additional latest generation LNG/Cs to be delivered between the second quarter of 2024 and the first quarter of 2027.
