Greek owner Capital Product Partners has confirmed its exit from the dry sector with the sale of its only capesize.
The Nasdaq-listed diversified owner said in its second-quarter earnings report that it had offloaded the 2010-built Cape Agamemnon to an undisclosed third party.
to an undisclosed third party.Capital Product Partners acquired the 179,221 dwt ship with a 10-year time charter attached to Cosco Shipping for $89.5m in 2011.
The sale price of the non-core unit VesselsValue estimated at $22.2m has not been disclosed, but the company said the deal resulted in a non-cash impairment charge of $8m.
The move will see the Evangelos Marinakis-backed partnership control a fleet of 22 ships comprised of containerships and LNG carriers.
