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AHEPA honors Greek PM Mitsotakis, Cyprus President Anastasiades and shipowner Marinakis during awards ceremony - Οικονομικός Ταχυδρόμος

AHEPA honors Greek PM Mitsotakis, Cyprus President Anastasiades and shipowner Marinakis during awards ceremony - Οικονομικός Ταχυδρόμος
ot.gr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ot.gr Daily Mail and Mail on Sunday newspapers.

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Evangelos Marinakis: Post-Covid Shipping and the Environment – Green Energy Investments

During the 6th Delphi Economic Forum, Greek shipowner Evangelos Marinakis, Founder and Chairman of Capital Maritime & Trading Corp., discussed major issues affecting shipping today, such as the repercussions from the ongoing pandemic, “eco-ship” investments and “green energy” as well as the social contribution of shipping.
During an interview with Greek journalist Antonis Sroiter, Mr. Marinakis commented on the impact of the pandemic: “it was something unprecedented, something which affected many shipping sectors, such as tankers and LNG carriers, even dry bulk carriers. “We observed many ups and downs in the market, especially the tanker market remains still at very low levels, because transportation and travel have been significantly reduced and fuel consumption isn’t what it used to be before Covid-19” he said. ....

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Capital Product Partners grows fleet with Panamax trio

Capital Product Partners grows fleet with Panamax trio
February 1, 2021,
by
Naida Hakirevic
Greece-based shipowner Capital Product Partners L.P. (CPLP) has decided to acquire three 5,100 TEU sister container vessels from Capital Maritime & Trading Corp.
The vessels, M/V Seattle Express, M/V Long Beach Express and M/V Fos Express, were all built at Hanjin Heavy Industries shipyard in South Korea in 2008.
They are employed under five-year charters to Hapag-Lloyd at a gross charter rate of $12,300 per day and will be delivered to CPLP with their special surveys passed and fitted with ballast water treatment and alternative maritime power (AMP) systems. ....

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Capital Product Partners LP (CPLP) Q4 2020 Earnings Call Transcript

Operator
Thank you for standing by, and welcome to the Capital Product Partners Fourth Quarter 2020 Financial Results Conference Call. We have with us Mr. Jerry Kalogiratos, Chief Executive Officer of the company. [Operator Instructions] I must advise you that this conference is being recorded today.
The statements in today s conference call that are not historical facts, including our expectations regarding cash generation, equity returns and future debt levels, our ability to pursue growth opportunities, our expectations or objectives regarding future distribution amounts, capital reserve amounts, distribution coverage, future earnings, capital allocation as well as our expectations regarding market fundamentals and the employment of our vessels, including redelivery dates and charter rates may be forward-looking statements as such as defined in Section 21E of the Securities Exchange Act of 1934 as amended. ....

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Capital Product Partners L.P. Announces Fourth Quarter 2020 Financial Results, the Acquisition ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Capital Product Partners L.P. Announces Fourth Quarter 2020 Financial Results, the Acquisition .
Capital Product Partners L.P.January 29, 2021 GMT
ATHENS, Greece, Jan. 29, 2021 (GLOBE NEWSWIRE) Capital Product Partners L.P. (the “Partnership”, “CPLP” or “we” / “us”) (NASDAQ: CPLP), an international owner of ocean-going vessels, today released its financial results for the fourth quarter ended December 31, 2020.
Highlights

$7.3 million
$0.38

Agreed to acquire three 5,100 TEU container vessels with five year employment for a total consideration of $40.5 million.
Operating Surplus1 and Operating Surplus after the quarterly allocation to the capital reserve for the fourth quarter of 2020 was $20.7 million and $11.4 million respectively. ....

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