Athens-based Capital Product Partners, a shipowner of ocean-going vessels, took delivery of the LNG carrier Asterix I. The vessel was delivered on February 17, 2023 and has started her seven year employment with Hartree Partners Power & Gas Company (UK) Limited, who maintain an option to extend by an additional two years.
The Nasdaq listed company said the vessel acquisition was financed through a combination of a $12.0 million cash deposit advanced to Capital Maritime & Trading Corp. in 2022, $184.0 million of debt drawn under a sale and leaseback transaction with CMB Financial Leasing (CMBFL), and $34.0 million of cash at hand.
The CMBFL lease has quarterly principal repayments of $2.2 million, a tenor of ten years and the option to repurchase the vessel at a predetermined price, after the first anniversary of the arrangement, together with a purchase option of $96.5 million at the expiration of the lease in February 2033.
Asterix I is the seventh latest generation LNG/C of the partnership, and the third vessel the Partnership takes delivery under an agreement to acquire one 174,000 cbm latest generation X-DF LNG/C, and three 13,312 TEU hybrid scrubber-fitted Tier III and Phase III, dual fuel ready eco container sister vessels from the Seller, in accordance with the company´s announcement on June 7, 2022.
The company currently owns 22 vessels, including seven latest generation LNG carriers, eleven Neo-Panamax container vessels, three Panamax container vessels and one Capesize bulk carrier. This excludes one 13,312 TEU container vessel that CPLP has agreed to acquire, and is expected to be delivered in the second quarter of 2023.