Evangelos Marinakis-backed Capital Product Partners is content to keep some of its suezmaxes on the spot market given the low period rates on offer, its chief executive says.
The MLP has two of its four suezmaxes trading spot following the end of time charters during the past couple of quarters.
Jerry Kalogiratos says the suezmax market has experienced a very challenging phase, with both spot and period rates at historic lows during the first quarter of this year.
