2020-06-09 09:10:48 CPLP Capital Product
06/09/20 06/0909:10 06/09/2009:10 | Capital Product extends three period charters, secures employment for 'Akamidos'Capital Product Partners announced that it has agreed to extend the three long-term time charters with Hapag-Lloyd by two additional years and secured short term employment for the MV 'Akadimos'. The Partnership has agreed to extend with effect from June 1, 2020 the time charters currently in place for the vessels M/V 'Athos', the M/V 'Aristomenis' and the M/V 'Athenian' for two additional years. The vessels will earn a daily rate of $25,950 per day, increasing to $26,950 per day, for the M/V 'Aristomenis' from October 2020, and from July 2021 onwards for the M/V 'Athos' and the M/V 'Athenian'. The time charters will expire at the earliest in April 2026 and include two one-year options at $31,450 and $32,450 gross per day, respectively. Furthermore, the M/V 'Akadimos' secured short time charter employment with a liner operator for a period of about 80 days. The new charter is expected to commence in early July 2020 after the vessel passes its scheduled special survey. As a result, the Partnership's charter coverage for the remainder of 2020 and for 2021 has changed to 88% and 73%, respectively and the remaining charter duration to 5.0 years. |
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