Job Search
  CV Search
Crew Health Advice Dealing with stress onboard
IMO ponders greentech A digital future for shipping industry
Meet Us at Posidonia
Maersk Fluid Technology publishes whitepaper examining the benefits of Blending-on-Board on system oil
SS Maritime Education Services .

Maritime News

Capital Product Partners L.P. Looking for More Vessels Acquisitions at Favorable Prices

Capital Product Partners L.P., an international diversified shipping partnership, released its financial results for the fourth quarter ended December 31, 2017 and announced the completed acquisition of the M/T ‘Aristaios’, as well as the sale of the M/T ‘Aristotelis’ and the acquisition of the M/T ‘Anikitos’.

The Partnership’s net income for the quarter ended December 31, 2017 was $6.8 million, compared with $13.7 million for the fourth quarter of 2016 and $9.7 million for the previous quarter ended September 30, 2017. Net income for the quarter ended December 31, 2017 includes a non-cash impairment charge of $3.3 million from the sale of the M/T ‘Aristotelis’. After taking into account the preferred interest in net income attributable to the holders of the 12,983,333 Class B Convertible Preferred Units outstanding as of December 31, 2017 (the “Class B Units”, and such holders the “Class B Unitholders”), and the interest attributable to the general partner, net income per common unit for the quarter ended December 31, 2017 was $0.03 or, before taking into account the impairment charge, $0.06, compared to $0.09 for the fourth quarter of 2016 and $0.05 for the previous quarter ended September 30, 2017.

Voyage expenses for the fourth quarter of 2017 were $5.1 million compared to $2.7 million in the fourth quarter of 2016. The increase was mainly attributable to the increase in the number of voyage charters performed by certain of our vessels in the fourth quarter of 2017 compared to the same period in 2016.

 Featured Company
SS Maritime Services,India Malawat Ship Management Pvt.Ltd.,India Primanav ship management pvt. ltd,India
Oceanic Star Shipping Pvt. Ltd. ,India SEASON SHIP MANAGEMENT & MARITIME SERVICES,India Tapti Waterways Private Limited,India
Naz Maritime Services Pvt.Ltd.,India Swar India Shipping Services Pvt. Ltd,India Quadrant Maritime Pvt Ltd,India
Tangar Ship Management Pvt Ltd,India Glance One Ship Management Pvt. Ltd.,India Oath Marine Services Pvt Ltd,India
MARVIN INTERNATIONAL SHIP MANAGEMENT,India Rassiya Shipping Services Pvt Ltd,India Mr.Sushant,India
Summai Shipping Pvt.Ltd.,India MMS Maritime (India) Pvt.Ltd,India AMSWAY SHIP MANAGEMENT PRIVATE LIMITED,India
AG. MARITIME PRIVATE LIMITED,India Pelorus shipping,India Seashell Marine Service Pvt. Ltd,India
East India Shipping Agency,India Campbell Shipping Pvt. Ltd.,India Phelix Shipping Ventures Pvt. Ltd,India
I-Marine Infratech (India) Pvt. Ltd,India Coastal Shipping Links(India) Pvt.Ltd,India DMC SHIP MANAGMENT PVT LTD ,India
Unimar Marine Services Pvt. Ltd.,India Three Bees Shipping Pvt. Ltd,India Ocean Glaxy Marine Pvt. Ltd.,India
VR MARITIME SERVICES PVT LTD,India Seaprime Marine Mgmt Pvt.Ltd,India sarwamangla Marine Pvt Ltd,India
Twilight Shipping,India Indocean Maritime Services Pvt Ltd,India Valaf DMCC,India
Lilly Maritime Pvt. Ltd.,India Neptune Ship Management ,India Nimbusmaritime Service,India
MMS Americas LLC,India Amag Ships Pvt. Ltd.,India gwl maritime services india pvt ltd ,India
Penta Crystal Ship Management,India Oceanic Shipping Services Private Limited,India Synergy Maritime Recruitment Services Pvt Ltd,India
MAERSK ,India SeaJobhunt,India APAC Marine Services Pvt. Ltd,India
Angel Maritime (India) Services ,India Albatross  Marine Services  ,India AET Shipmanagement (India) Pvt. Ltd,India
Helm Shipping Management Private Limited,India SHRI MAHAVIR MARINE SERVICES PVT LTD,India Bridgeview Maritime Pvt.Ltd,India
Calm Seas Shipping and Maritime Services,India Ad Ship Management pvt. Ltd,India Tristarr Maritime And Shipping Private Limited,India

Copyrights © 2012
Terms and Conditions  -   Sitemap  -   Private Policy  -   FAQ  -   Contact Us
Site By : Pheunix