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	<title>Marine Money Archives &#187; Capital Product Partners L.P.</title>
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	<description>The Ship Finance Publication Of Record</description>
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		<title>Capital Product Partners and Crude Carriers become One and Divide the Spoils, So to Speak</title>
		<link>http://www.marine-money.com/archive/capital-product-partners-and-crude-carriers-become-one-and-divide-the-spoils-so-to-speak</link>
		<comments>http://www.marine-money.com/archive/capital-product-partners-and-crude-carriers-become-one-and-divide-the-spoils-so-to-speak#comments</comments>
		<pubDate>Thu, 06 Oct 2011 15:28:51 +0000</pubDate>
		<dc:creator>marinemoney</dc:creator>
				<category><![CDATA[Freshly Minted]]></category>
		<category><![CDATA[The Week in Review]]></category>
		<category><![CDATA[Capital Product Partners L.P.]]></category>
		<category><![CDATA[Crude Carriers Corp.]]></category>

		<guid isPermaLink="false">http://www.marine-money.com/?p=11107</guid>
		<description><![CDATA[Last week, the acquisition of Crude Carriers Corp. (“Crude”) by Capital Product Partners L.P. (“CPLP”) was concluded with Crude becoming a wholly owned subsidiary of CPLP. Conveniently, the partnership was able to refinance Crude’s outstanding debt of $134.6 million by utilizing its existing $360 million revolving credit facility entered into in March 2008, which is non-amortizing until June 2013. Given the low gearing on the Crude vessels this was a no brainer.]]></description>
		<wfw:commentRss>http://www.marine-money.com/archive/capital-product-partners-and-crude-carriers-become-one-and-divide-the-spoils-so-to-speak/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Oppenheimer’s 4th</title>
		<link>http://www.marine-money.com/archive/oppenheimer%e2%80%99s-4th</link>
		<comments>http://www.marine-money.com/archive/oppenheimer%e2%80%99s-4th#comments</comments>
		<pubDate>Thu, 19 Nov 2009 16:29:51 +0000</pubDate>
		<dc:creator>carisk</dc:creator>
				<category><![CDATA[Freshly Minted]]></category>
		<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[Alan Ginsberg]]></category>
		<category><![CDATA[Capital Product Partners L.P.]]></category>
		<category><![CDATA[CEXIM]]></category>
		<category><![CDATA[Eagle Bulk Shipping]]></category>
		<category><![CDATA[Excel Maritime Carriers]]></category>
		<category><![CDATA[Genco]]></category>
		<category><![CDATA[Iannis Lazaridis]]></category>
		<category><![CDATA[John Wobensmith]]></category>
		<category><![CDATA[Lefteris Papatrifon]]></category>
		<category><![CDATA[Myles Itkin]]></category>
		<category><![CDATA[Oppenheimer]]></category>
		<category><![CDATA[OSG]]></category>
		<category><![CDATA[Peter Evensen]]></category>
		<category><![CDATA[Teekay Tankers]]></category>

		<guid isPermaLink="false">http://marine-money.com/?p=7679</guid>
		<description><![CDATA[We had the pleasure of attending Oppenheimer’s 4th Annual Industrials Conference this week. Reflecting difficult and uncertain markets, the tone was muted and at least at the open presentations interest has seemingly flagged. Like the owners waiting for the perfect distressed deal, investors, too, seem to be circling and asking the difficult questions. Can you maintain your dividend? How low will asset values fall and so on? We wouldn’t call it bearish but it was certainly circumspect. Here are some of our takeaways. As always we leave the analysts to do the heavy lifting on the numbers.]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Full House in Athens &#8211; Part 2</title>
		<link>http://www.marine-money.com/archive/full-house-in-athens-part-2</link>
		<comments>http://www.marine-money.com/archive/full-house-in-athens-part-2#comments</comments>
		<pubDate>Thu, 15 Oct 2009 15:51:45 +0000</pubDate>
		<dc:creator>carisk</dc:creator>
				<category><![CDATA[Freshly Minted]]></category>
		<category><![CDATA[Market Commentary]]></category>
		<category><![CDATA[Akis Tsirigakis]]></category>
		<category><![CDATA[Angeliki Frangou]]></category>
		<category><![CDATA[Anthony Argyropoulos]]></category>
		<category><![CDATA[Blank Rome]]></category>
		<category><![CDATA[Brett Esber]]></category>
		<category><![CDATA[Cantor Fitzgerald]]></category>
		<category><![CDATA[Capital Product Partners L.P.]]></category>
		<category><![CDATA[Carl Siddle]]></category>
		<category><![CDATA[Cees Kamphof]]></category>
		<category><![CDATA[Christos Tsirikos]]></category>
		<category><![CDATA[Clarkson Securities]]></category>
		<category><![CDATA[Dale Ploughman]]></category>
		<category><![CDATA[Deloitte LLP]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DVB Bank]]></category>
		<category><![CDATA[Ernst & Young]]></category>
		<category><![CDATA[Evangelos Marinakis]]></category>
		<category><![CDATA[Evangelos Pistiolis]]></category>
		<category><![CDATA[Evercore Partners Inc]]></category>
		<category><![CDATA[Excel Maritime]]></category>
		<category><![CDATA[Fortis Bank Nederland]]></category>
		<category><![CDATA[Frank Dunne]]></category>
		<category><![CDATA[Gust Biesbroeck]]></category>
		<category><![CDATA[Guy Verberne]]></category>
		<category><![CDATA[Hamish Norton]]></category>
		<category><![CDATA[Henrik Uth]]></category>
		<category><![CDATA[International Registries Inc]]></category>
		<category><![CDATA[Ioannis Lazaridis]]></category>
		<category><![CDATA[Ioannis Zafirakis]]></category>
		<category><![CDATA[Jefferies]]></category>
		<category><![CDATA[Kevin Oates]]></category>
		<category><![CDATA[Lazard Capital Markets]]></category>
		<category><![CDATA[Lefteris Papatrifon]]></category>
		<category><![CDATA[Mari-Time Holdings Ltd]]></category>
		<category><![CDATA[Mark Friedman]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[Natasha Boyden]]></category>
		<category><![CDATA[Navios Maritime Holdings]]></category>
		<category><![CDATA[Nordea Bank]]></category>
		<category><![CDATA[Pareto Private Equity]]></category>
		<category><![CDATA[Peter Wallace]]></category>
		<category><![CDATA[PriceWaterhouseCoopers SA]]></category>
		<category><![CDATA[Rob Lustrin]]></category>
		<category><![CDATA[Seanergy Maritime Holdings Corp]]></category>
		<category><![CDATA[Seward & Kissel]]></category>
		<category><![CDATA[Shawn Frost]]></category>
		<category><![CDATA[Starbulk Carriers Corp]]></category>
		<category><![CDATA[TEN Ltd]]></category>
		<category><![CDATA[The Big Issues]]></category>
		<category><![CDATA[The Public Inquisition]]></category>
		<category><![CDATA[Topships]]></category>
		<category><![CDATA[Ulf Andersson]]></category>
		<category><![CDATA[Urs Dür]]></category>
		<category><![CDATA[Vassilis Karakoulakis]]></category>
		<category><![CDATA[Watson Farley & Williams]]></category>
		<category><![CDATA[Wiley Griffiths]]></category>

		<guid isPermaLink="false">http://marine-money.com/?p=6387</guid>
		<description><![CDATA[<strong>By Kevin Oates</strong> 
 
<em>…in the longer term shipping should correct but quality, transparency and financial strength are key to survival.</em> 
 
Despite the tough market and the general lack of ship finance, Marine Money's Greek Ship Finance Forum again filled the seats in Athens.  With 310 delegates and speakers and some 40 more for the TEN Ltd lunch, there was plenty gossip and exchange of views at the 11th Annual conference held on the 8th of October 2009. 
 
The event had started with a speaker’s dinner the previous night co-hosted by <strong>Navios Maritime Holdings</strong> and was to end]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A Sponsor’s Proper Role</title>
		<link>http://www.marine-money.com/archive/a-sponsor%e2%80%99s-proper-role</link>
		<comments>http://www.marine-money.com/archive/a-sponsor%e2%80%99s-proper-role#comments</comments>
		<pubDate>Thu, 07 May 2009 14:28:08 +0000</pubDate>
		<dc:creator>carisk</dc:creator>
				<category><![CDATA[Freshly Minted]]></category>
		<category><![CDATA[The Week in Review]]></category>
		<category><![CDATA[BP Shipping Ltd.]]></category>
		<category><![CDATA[Capital Maritime]]></category>
		<category><![CDATA[Capital Product Partners L.P.]]></category>
		<category><![CDATA[Morgan Stanley Capital Group Inc.]]></category>

		<guid isPermaLink="false">http://marine-money.com/?p=5520</guid>
		<description><![CDATA[In its first quarter earnings release, <strong>Capital Product Partners L.P. </strong>(“CPLP”) announced that it had entered into a vessel swap with its sponsor, <strong>Capital Maritime</strong>, which effectively improved the fleet’s charter coverage and reduced the average age of an already young fleet. 
 
Specifically, CPLP swapped two of its “…MR product tankers with early charter expiries with two younger, high specification, sister chemical/product tankers both under a 3-year time charter to BP Shipping. As a result, our charter coverage for 2009 is now close to 100% and is approximately 67% for 2010, thus increasing our revenue predictability and strengthening our]]></description>
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