The coal trade is still active

Despite global efforts to transition several major energy systems away from fossil fuels, the coal trade is still active and growing, giving strong support to the seaborne dry bulk trade.

Capital Product Partners L.P. Announces Transformative Transaction including the Acquisition of 11 Newbuild LNG Carriers for $3.1 billion, Renaming of the Partnership as “Capital New Energy Carriers L.P.” and Intention to Convert into a Corporation Focuse

Capital Product Partners L.P. (the “Partnership”, “CPLP”, or “we”/ “us”) (NASDAQ:CPLP) today announced that it has entered into an umbrella agreement (the “Umbrella Agreement”) with Capital Maritime & Trading Corp. (“Capital Maritime”) and Capital GP L.L.C. (the “General Partner”) providing for the acquisition of the following 11 newbuild LNG carriers (“LNG/C”) from Capital Maritime for a total acquisition price of $3,130.0 million:

“Greener Shipping Summit 2023. Where is Shipping Heading in the Next Decade?”

The 15th “Greener Shipping Summit” was held at the Eugenides Foundation in Athens on November 7, 2023, by organiser Newsfront / Naftiliaki in a resounding success.

Improvements in large sizes, losses in Handies

Iakovos (Jack) Archontakis
Commercial Director TMC MARITIME CO.

Dr. Fotios-Evangelos Karlis
Maritime Executive and Consultant

The dry bulk cargo market showed Improvements thanks to Capes which showed a weekly increase of more than 20%.

Greener Shipping Summit delivers clear message: collaboration is key to safe decarbonisation

Though education in the latest technology is a must, "education should not underestimate and cannot replace the importance of traditional values and principles" declared Panos Kourkountis, the keynote speaker at this week's Greener Shipping Summit.

Dinner in honor of the Supporters of the International Propeller Club, Port of Piraeus.

On Monday, October 30th, in the Caryatids hall of the Grand Hyatt Hotel in Athens, 250 guests attended a dinner honoring the supporters of the Propeller Club, Port of Piraeus, in a warm and pleasant atmosphere.