Capital Product (CPLP) has released an update.
Capital Product Partners L.P. is set to diversify and expand its maritime services with a $756 million investment in 10 new gas carriers, enhancing its capabilities in the liquid CO2 and LPG-ammonia transportation markets. These state-of-the-art vessels, expected to be delivered between Q1 2026 and Q3 2027, signify a strategic pivot towards supporting the energy transition, catering to the rising demand in the gas sector. Funded by cash from container vessel sales and debt financing, this move aims to strengthen CPLP’s market position and align with future energy transportation needs.
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