Capital Product Partners (CPLP) is looking to sell its only capesize bulker to cash in on rising asset prices.
CPLP acquired the 179,221-dwt Cape Agamemnon (built 2010) with a 10-year time charter attached to Cosco Shipping for $89.5m in 2011 as a drop-down from its sponsor Capital Maritime & Trading Corp (CMT).
CPLP, which has seven LNG vessels and 12 container ships in its current and future fleet, has been trading the legacy asset on the spot market since the Cosco fixture ended last year.