CPLP Announces Delivery of the M/V CMA CGM Magdalena

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  • Capital Product Partners L.P. announced that the M/V ‘CMA CGM Magdalena’ was delivered to its new owners.
  • It has generated gross proceeds from the sale of approximately $49.2 million after repaying outstanding debt.
  • M/V ‘CMA CGM Magdalena’ is a 115,639 dwt / 9,288 TEU, Eco-Flex, Wide Beam Containership built 2016, Daewoo-Mangalia Heavy Industries S.Α.

A recent press release published in the Capital reveals that Capital Product Partners L.P. announces the delivery of the M/V CMA CGM Magdalena to its new owners.

What did the partnership announce?

The Partnership previously announced that had entered into a memorandum of agreement for the sale of the M/V ‘CMA CGM Magdalena’ and the M/V ‘Adonis’ (115,145 dwt / 9,288 TEU, Eco-Flex, Wide Beam Containership built 2015, Daewoo-Mangalia Heavy Industries S.Α.) expected to be delivered in July/August 2021 to an unaffiliated third party for a total consideration of $195.0 million.

About Capital Product Partners L.P.

Capital Product Partners L.P. (NASDAQ: CPLP), a Marshall Islands master limited partnership, is an international owner of ocean-going vessels. CPLP currently owns 16 vessels, including twelve Neo-Panamax container vessels, three Panamax container vessels and one Capesize bulk carrier.

For more information about the Partnership, please visit: www.capitalpplp.com

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Source: Capital

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