Marshall Islands-incorporated tanker, dry bulk and container ship owner and operator Capital Product Partners L.P. has added the fourth out of five "dropdown" 9,288teu newbuildings the company had agreed to buy from its sponsor – Capital Maritime & Trading Corp.

The M/V CMA CGM Uruguay is a 115,145dwt, Eco-Flex, wide beam container vessel built by Daewoo-Mangalia Heavy Industries in 2015.

The US$81.5m purchase price for the CMA CGM Uruguay was funded through a drawdown under Capital Product Partners' senior secured credit facility with ING Bank N.V. and available cash.

The vessel is chartered to French container line CMA-CGM S.A. for 5 years (+90/- 30 days) at a gross daily charter rate of US$39,250.

The fifth 9,288teu newbuilding is currently under construction at Daewoo-Mangalia, with expected delivery for January 2016.

The last dropdown boxship is scheduled to enter into a five-year time charter employment to CMA-CGM as well.

In addition, Capital Product Partners has a right of first refusal over eight newbuilding eco medium range product tankers built by Samsung Heavy Industries (Ningbo).