Second Quarter 2014 Earnings Presentation July 25, 2014 Capital Product Partners L.P. www.capitalpplp.com
Second Quarter 2014 Results Highlights 1 Cash Distribution For 2Q2014: 0.2325 Per Common Unit And 0.21375 Per Class B Unit. Net Income For 2Q2014: 7.8 Mil. Partnerships Operating Surplus: 26.9 Mil Or 22.9 Mil Adjusted For Class B…
Statements of Comprehensive Income / (Loss) 2 ( In Thousands) For the Three- Month Period For the Three- Month Period Ended Ended June 30, 2014 June 30, 2013 Revenues 30,491 27,215 Revenues related party 16,953 14,554 Total…
Operating Surplus For Calculation Of Unit Distribution 3 ( In Thousands) For the Three-Month For the Three-Month Period Ended Period Ended June 30, 2014 March 31, 2014 Net income 7,816 11,242 Adjustments to net income…
Balance Sheet 4 ( In Thousands) As Of As Of June 30, 2014 December 31, 2013 Assets Total Current Assets 75,171 73,732 Total Fixed Assets 1,148,531 1,176,819 Other Non-Current Assets 142,922 151,221 Total Assets 1,366,624…
CPLP To Enter Into A New Growth Phase 5 CMTC Agreed To Contribute To CPLP Three Newbuild Eco-Flex 9,160 TEU Container Vessels With Five Year Charters And Two Newbuild 50,000 Dwt Eco MRs With Two Year Charters With Scheduled…
Benefits Of The Transaction 6 Transaction Is Accretive To Distributable Cash Flow. Transaction Provides Contribution Of Five Vessels At Prices Below Current Market Value. Transaction Provides Meaningful Additional Economic…
Committed And Right Of First Refusal Fleets 7 Committed Vessels Vessel Scheduled Acquisition Gross Rate Type Capacity Yard Charterer Duration Name Delivery Price (per day) Eco-Flex, Acadimos 9,160 TEU Jun-15 Daewoo 81.5m CMA-CGM…
Fleet List 8 Fleet List & Charterers Fleet Profile By Vessel Type Vessel Name Dwt / Teu Charterer Year Built Type Of Vessel AVAX 47,834 2007, S. Korea Ice Class 1A IMO II/III Chemical/ Product ATLANTAS 36,760 2006, S. Korea Ice Class…
Strong Charter Coverage With Attractive Rates And Profit Share Arrangements 9 Charter Profile Expiry Of Current Charters Rates Commentary Vessel type Profit Solid Product Tanker Gross Rate Share Period Market: Crude tanker…
Product Tanker Market Overview 10 The MR Spot Product Tanker Market Remained Weak In 2Q14 As Spot Activity Was Negatively Affected By Refinery Outages In The U.S. Gulf And Lack Of Arbitrage Opportunities In The Atlantic. 10-Year…
Suezmax Tanker Market Overview 11 Suezmax Spot Earnings At Lower Levels In 2Q14 Compared To The Previous Quarter But Notably Stronger Than 2Q13. Lower Imports To The East And Europe Kept Rates Under Pressure In The First Half Of…
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