Capital Product Partners has joined the queue of containership companies warning investors of negative implications of the coronavirus on its bottom line.
Similar to Costamare and Songa Container before it, the Evangelos Marinakis-led outfit said that the Covid-19 epidemic will likely lead to lower chartering income, higher costs and operational delays until markets return to normal.
At the same time, however, Capital Product maintained its dividend policy and said it was in good shape to deal with the aftermath, given the limited number of ships coming off charters over the next few months and the staying power of the liner companies it is...
