Capital Product Partners has more than doubled earnings with more ships on the water and forecasts longer charters amid Covid-19 uncertainty that may spur further asset buys.
The Jerry Kalogiratos-led owner of 13 boxships and one bulker posted a $7.8m profit for the third quarter, up from $3.4m a year ago.
The New York-listed company's earnings per share (EPS) came in at $0.41,