Capital Product Partners announced that it has entered into a memorandum of agreement for the sale of M/V Akadimos. Delivery to the buyer is expected within March 2024. The Partnership has also entered into a memorandum of agreement for the en bloc sale of sister vessels M/V Fos Express and M/V Seattle Express. Delivery to the buyer is expected by April 2024. Including the recently announced sale of M/V Long Beach Express, which was delivered to its new owners on February 26th 2024, the Partnership expects gross cash proceeds, after repaying outstanding debt, of approximately $81.0 million.
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