Capital Product acquires new tanker

Capital Product Partners LP, Athens, Greece, has taken delivery of its 10th medium range (MR) product tanker from Hyundai Mipo Dockyard Ltd in Korea.

The ice-strengthened vessel (Ice Class 1A), has a carrying capacity of 47,781 deadweight tonnage (dwt) and is capable of carrying a range of refined oil products, chemicals (including ethanol and biodiesel feedstock), and crude oil worldwide. The M/T Akeraios is the second out of seven additional MR product tankers that Capital Product Partners has agreed to purchase from Capital Maritime & Trading Corp. The remaining five MR product tankers will be comprised of two Ice Class 1A sister vessels that are scheduled for delivery in October 2007 and three MR product tanker sister vessels that are scheduled for delivery in 2008.