Third Quarter 2014 Earnings Presentation October 30, 2014 Capital Product Partners L.P. www.capitalpplp.com
Third Quarter 2014 Results Highlights 1 Cash Distribution For 3Q2014: 0.2325 Per Common Unit And 0.21375 Per Class B Unit. Net Income For 3Q2014: 11.269 Mil. Partnerships Operating Surplus: 29.790 Mil Or 26.750 Mil Adjusted For…
Statements of Comprehensive Income / (Loss) 2 ( In Thousands) For the Three- Month Period For the Three- Month Period Ended Ended September 30, 2014 September 30, 2013 Revenues 29,156 29,084 Revenues related party 19,015 13,658…
Operating Surplus For Calculation Of Unit Distribution 3 ( In Thousands) For the Three-Month For the Three-Month Period Ended Period Ended September 30, 2014 June 30, 2014 Net income 11,269 7,816 Adjustments to net income…
Balance Sheet 4 ( In Thousands) As Of As Of September 30, 2014 December 31, 2013 Assets Total Current Assets 170,037 73,732 Total Fixed Assets 1,200,935 1,176,819 Other Non-Current Assets 137,861 151,221 Total Assets 1,508,833…
Issuance Of New Units 5 Completed The Issuance Of 17,250,000 Common Units At A Public Offering Price Of 10.53 Per Unit On September 3 Including The Exercise Of The Underwriters Overallotment Option. Use Of Net proceeds Of 173.5…
Additional Growth Opportunities 6 Optional Vessels (CPLP Holds Right Of First Refusal) Vessel Name Type Capacity Scheduled Delivery Yard Amor 50,000 Dwt Sep-2015 Samsung Athlos 50,000 Dwt Jan-2016 Samsung Alkaios Eco IMO II/III…
Strong Sponsor Committed To The Partnership 7 CMTC Underlines Its Support To The Partnership: CMTC And Mr Marinakis, our Chairman, Control 19.6% Of The Partnerships Common Units. CMTC Converted 4,048,484 Class B Preferred Units…
Period Employment Update 8 Earliest Charter Name DWT Built Gross Rate (Per Day) Charterer Expiry M/T Miltiadis M II 162,397 2006 Increase by 4,815 April 2015 M/T Alkiviadis 36,721 2006 14,125 September 2015 M/T Avax 47,834…
Strong Charter Coverage With Attractive Rates And Profit Share Arrangements 9 Charter Profile Expiry Of Current Charters Rates Commentary Vessel type Jan14 Sep14 Jun15 Feb16 Nov16 Jul17 Apr18 Dec18 Sep19 May20 Gross Rate Profit…
Fleet List 10 Fleet List & Charterers Fleet Profile By Vessel Type Vessel Name Dwt / Teu Charterer Year Built Type Of Vessel ATLANTAS 36,760 2006, S. Korea Ice Class 1A IMO II/III Chemical/ Product AKTORAS 36,759 2006, S. Korea Ice…
Product Tanker Market Overview 11 /Day 1 & 3 Year MR2 Time Charter Rates vs. CPLP MR2 Average T/C Rate The MR Spot Product Tanker Market Modestly 17,000 Improved In Q314 But Remained At Relatively 1 Yr T/C MR2 Rate Soft Levels…
Suezmax Tanker Market Overview 12 The Suezmax Spot Market Improved /Day 1 & 3 Year Suezmax T/C Rates Significantly In Q314, as Average Spot 34,000 Earnings More Than Doubled Y-o-Y. 32,000 1 Year Suezmax T/C Rate 3 Year Suezmax T/C…
Loading...
