Capital Product Partners L.P.Piraeus, Greece (NASDAQ (GM): CPLP)

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Capital Product Partners Company Description

Capital Product Partners banks on sailing the high seas. The company oversees a fleet of more than 15 tankers capable of carrying crude oil, refined oil products (gasoline, diesel, fuel oil, and jet fuel), and edible oils and chemicals. Its fleet, which has an overall capacity of more than 800,000 deadweight tons (DWT), is chartered under medium- to long-term contracts. Customers include BP Shipping, Morgan Stanley Capital Group, and Overseas Shipholding Group. Capital Product Partners' vessels are managed by a unit of the company's former parent, Greek shipping company Capital Maritime & Trading Corp.

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The Company Description provides a historical perspective of Capital Product Partners's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Capital Product Partners's evolution in the marketplace.

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