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28 June 2022 The on-line newspaper devoted to the world of transports 13:30 GMT+2

June 8, 2022

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Capital Product Partners buys three container ships from 13,278 teu and a 174,000 cubic meter LNG ship

Sold two container carriers of 8.266 teu

Greece's Capital Product Partners has announced that it has bought three container ships of 13,278 teu, including rental contracts already stipulated for these ships, plus a ship for the transport of liquefied natural gas of the capacity of 174,000 cubic meters for a total of 597.5 million dollars. The latter is a unit currently under construction at the South Korean Hyundai Heavy Industries that will come delivered next January and will be baptized with the name by Asterix I. The LNG ship will be chartered to Hartree Partners Power & Gas Co. (UK) Ltd. for a period of five years with additional optional periods until 2031. The three container ships, which will have the names of Manzanillo Express, Itajai Express and Buenaventura Express, are currently under construction at the South Korean Hyundai Samho Industries Co. and will be taken to be delivered in October 2022 and in January and May 2023. The three container carriers will be rented to the German Hapag-Lloyd for a period of ten years plus additional optional periods with deadline in October 2038 and May 2039.

In addition, Capital Product Partners has signed an agreement to transfer to unaffiliated third parties two container ships of 8,266 teu. This is the Archimidis, which was built in the 2006 by South Korean Daewoo Shipbuilding & Marine Engineering Co., and Agamemnon, built in 2007 by the same South Korean shipyard. The two ships will be sold for total 130.0 million dollars and will be delivered to the buyer during the third quarter of this year.

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