Capital Product Partners said it found period charters for five of its medium-range products tankers, all at improved day rates.
The deals add roughly $79.1m in contracted revenue to the New York-listed shipowner’s charter backlog. The Jerry Kalogiratos-led company revealed the deals the same day that it announced that its quarterly profit rose to $15.4m from $13.7m in the same period of 2014.
Stifel analyst Benjamin Nolan said the charters carry rates that are $2,260 per day higher, on average.
“We
