US-listed Capital Product Partners has given insight into how charters to BP of two of its newest LNG carriers were drawn up.
The details came after the Greek shipowner bought three of the nine LNG carriers in the fleet of Evangelos Marinakis' Capital Gas Ship Management and lined up the acquisition of other vessels.
Capital Product chief executive Jerry Kalogiratos explained why the shipowner is bullish that BP will exercise its initial set of options to extend its charters on the vessels as he answered analysts’ questions over the deal in a webcast.