0001193125-24-235901 | 6-K | XBRL Viewer | Capital Clean Energy Carriers Corp

Print Document

Unaudited Condensed Consolidated Statements of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Income Statement [Abstract]
Revenues (Note 3)	$ 202,165	$ 169,551
Expenses / (income), net:
Voyage expenses	6,018	7,782
Vessel operating expenses	36,945	37,594
Vessel operating expenses - related parties (Note 4)	5,959	5,212
General and administrative expenses (including $1,276 and $1,296 to related parties, for the six-month periods ended June 30, 2024 and 2023, respectively) (Note 4)	7,723	5,115
Vessel depreciation and amortization (Note 5)	46,538	40,053
Impairment of vessel	0	7,956
Gain on sale of vessels (Note 5)	(31,602)	0
Operating income, net	130,584	65,839
Other income / (expense), net:
Interest expense and finance cost	(65,465)	(49,190)
Other income, net	2,961	791
Total other expense, net	(62,504)	(48,399)
Partnership’s net income	68,080	17,440
General Partner’s interest in Partnership’s net income	428	297
Partnership’s net income allocable to unvested units	305	423
Common unit holders’ interest in Partnership’s net income	$ 67,347	$ 16,720
Net income per (Note 12):
Earnings Per Share, Basic	$ 1.23	$ 0.85
Earnings Per Share, Diluted	$ 1.23	$ 0.85
Weighted Average Number of Shares Outstanding, Basic	54,851,934	19,639,212
Weighted Average Number of Shares Outstanding, Diluted	54,851,934	19,639,212
Other comprehensive income:
Unrealized gain on derivative instruments (Note 8)	$ 179	$ 1,650
Partnership’s comprehensive income	$ 68,259	$ 19,090

Financial Instruments (Details Narrative) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Long-Term Debt, Carrying Amount	$ 2,596,466	$ 1,787,781
Fair Value, Inputs, Level 2 [Member]
Long-Term Debt, Fair Value	237,769
Long-Term Debt, Carrying Amount	256,172
Fair Value, Inputs, Level 1 [Member]
Long-Term Debt, Fair Value	256,841
Long-Term Debt, Carrying Amount	$ 267,408

Transactions with related parties (Tables)

6 Months Ended

Jun. 30, 2024

Transactions with related parties - Gas vessels under construction (table)

Vessel Type	Hull No.	Cubic Meters (“CBM”)	Shipyard	Estimated Delivery	Amount paid to CMTC for the acquisition of the vessel-owning companies of the Gas Vessels
MGC¹	8424	45,000	Hyundai Mipo Dockyard Co. Ltd, South Korea ("Hyundai Mipo")	Jun-26	—
MGC	8425	45,000	Hyundai Mipo	Sep-26	—
MGC	8426	45,000	Hyundai Mipo	Feb-27	—
MGC	8427	45,000	Hyundai Mipo	May-27	—
MGC	S1111	40,000	Nantong CIMC Sinopacific Offshore & Engineering Co. Ltd, China ("CIMC SOE")	Mar-27	9,798
MGC	S1112	40,000	CIMC SOE	Jul-27	9,798
LCO2²– HMGC³	8398	22,000	Hyundai Mipo	Jan-26	19,885
LCO2 – HMGC	8399	22,000	Hyundai Mipo	Apr-26	19,885
LCO2 – HMGC	8404	22,000	Hyundai Mipo	Sep-26	7,644
LCO2 – HMGC	8405	22,000	Hyundai Mipo	Nov-26	7,644
Total					$ 74,654

Medium Gas Carrier – 2. Liquefied CO₂ Multi Gas Carrier – 3. Handy Multi Gas Carrier

Transactions with Related Parties - Consolidated Balance Sheets (Table)

Consolidated Balance Sheets	As of June 30, 2024		As of December 31, 2023
Assets:
CMTC-amounts relating to vessels acquisitions (a)	$	—	$	402
Capital-Gas – advances from the Partnership (b)		1,226		—
Due from related party	$	1,226	$	402
Liabilities:
CSM – payments on behalf of the Partnership (c)	$	—	$	114
Capital-Executive – payments on behalf of the Partnership (c)		3,137		3,823
CMTC-amounts relating to vessels acquisitions (a)	$	2,213	$	—
Capital-Gas – payments on behalf of the Partnership (c)		—		4,042
Due to related parties	$	5,350	$	7,979

Transactions with Related Parties - Consolidated Statements of Comprehensive Income (Table)

	For the six-month periods ended June 30,
Consolidated Statements of Comprehensive Income		2024		2023
Vessel operating expenses	$	5,959	$	5,212
General and administrative expenses (d)		1,276		1,296

Omnibus Incentive Compensation Plan (Table) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($) shares
Share-Based Payment Arrangement [Abstract]
Unvested shares, beginning of period \| shares	247,934
Unvested value, beginning of period \| $	$ 3,769
Granted, shares \| shares	96,104
Granted, value \| $	$ 1,671
Vested, shares \| shares	(96,104)
Vested, value \| $	$ (1,671)
Unvested shares, end of period \| shares	247,934
Unvested shares, end of period \| $	$ 3,769

Unaudited Condensed Consolidated Statements of Changes in Partners' Capital (Parenthetical) - $ / shares	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Limited Partner [Member]
Distributions declared and paid	$ 0.30	$ 0.30

Omnibus Incentive Compensation Plan (Tables)

6 Months Ended

Jun. 30, 2024

Share-Based Payment Arrangement [Abstract]

Omnibus Incentive Compensation Plan (Table)

	Equity compensation plan
Unvested Units	Units		Value
Unvested on January 1, 2024	247,934	$	3,769
Granted	96,104		1,671
Vested	(96,104)		(1,671)
Unvested on June 30, 2024	247,934	$	3,769

Revenues

6 Months Ended

Jun. 30, 2024

Revenues

Revenues

3. Revenues

The following table shows the net revenues earned from time and voyage charters contracts for the six-month periods ended June 30, 2024, and 2023:

		For the six-month periods ended June 30,
		2024		2023
Time and bareboat charters (operating leases)	$	202,165	$	163,524
Voyage charters		—		6,027
Total	$	202,165	$	169,551

As of June 30, 2024, all of the Partnership’s vessels were employed under time and bareboat charter agreements with remaining tenor ranging between 0.5 and 10.3 years. From these time charter agreements 12 include extensions at charterers’ option that range between 2.0 to 9.0 years.

Revenues (Details Narrative)	6 Months Ended
Revenues (Details Narrative)	Jun. 30, 2024
Vessels under time and bareboat charter agreements option to extend [member]
Number of vessels	12
Minimum [Member] \| Vessels under time and bareboat charter agreements [member]
Time and Bareboat Charter Agreements in years	0.5
Minimum [Member] \| Vessels under time and bareboat charter agreements option to extend [member]
Time and Bareboat Charter Agreements in years	2.0
Maximum [Member] \| Vessels under time and bareboat charter agreements [member]
Time and Bareboat Charter Agreements in years	10.3
Maximum [Member] \| Vessels under time and bareboat charter agreements option to extend [member]
Time and Bareboat Charter Agreements in years	9.0

Significant Accounting Policies

6 Months Ended

Jun. 30, 2024

Accounting Policies [Abstract]

Significant Accounting Policies

2. Significant Accounting Policies

A discussion of the Partnership’s significant accounting policies can be found in the Partnership’s Consolidated Financial Statements included in the Annual Report on Form 20-F for the year ended, December 31, 2023 (the “Consolidated Financial Statements for the year ended December 31, 2023”).

Partners’ Capital (Tables)

6 Months Ended

Jun. 30, 2024

Equity [Abstract]

Partners’ Capital - Partnership units (Table)

	As of June 30, 2024	As of December 31, 2023
Common units	54,887,313	55,039,143
General partner units	348,570	348,570
Treasury Units	2,122,352	870,522
Total partnership units	57,358,235	56,258,235

Partners’ capital - Distributions to Unitholders (Table)

	April 25, 2024	January 25, 2024	April 25, 2023	January 26, 2023
Common unitholders
Distributions per common unit declared	$0.15	$0.15	$0.15	$0.15
Common units distribution	$8,386	$8,257	$3,009	$3,008
General partner and incentive distribution rights (“IDR”)	$52	$52	$52	$52

Fixed Assets and Assets Held for Sale - Advances for vessels under construction - related party (Table) (Details) - Related Party [Member] $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Balance as at beginning of period	$ 174,400
Transfer to vessels, net	(120,400)
Balance as at end of period	$ 54,000

Net Income Per Unit - Basic and Diluted (Table) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Numerators
Partnership’s net income	$ 68,080	$ 17,440
Less:
General Partner’s interest in Partnership’s net income	428	297
Partnership’s net income allocable to unvested units	305	423
Common unit holders’ interest in Partnership’s net income	$ 67,347	$ 16,720
Denominators
Weighted Average Number of Shares Outstanding, Basic	54,851,934	19,639,212
Weighted Average Number of Shares Outstanding, Diluted	54,851,934	19,639,212
Net income per common unit:
Earnings Per Share, Basic	$ 1.23	$ 0.85
Earnings Per Share, Diluted	$ 1.23	$ 0.85

Derivative Instruments - Summary of Gain (Loss) on Change in Fair Value of Derivatives - Derivative Designated as Accounting Hedge (Table) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Derivative Instruments, Gain (Loss) [Line Items]
Unrealized Gain (Loss) on Foreign Currency Derivatives, Net, before Tax	$ 179	$ 1,650
Designated as Hedging Instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Foreign Currency Fair Value Hedge Derivative at Fair Value, Net	(4,492)	2,690
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	4,671	(1,040)
Unrealized Gain (Loss) on Foreign Currency Derivatives, Net, before Tax	$ 179	$ 1,650

- Definition

Amount after tax of reclassification adjustments of other comprehensive income (loss).

+ References + Details

Fixed Assets and Assets Held for Sale - Gain on Sale of vessels (Table) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Property, Plant and Equipment [Line Items]
Sale price	$ 259,400
Gain on sale	31,602	$ (0)
M/V Akadimos [member]
Property, Plant and Equipment [Line Items]
Sale price	80,000
Carrying value on sale	(62,030)
Other sale expenses	(1,560)
Gain on sale	16,410
M/V Seattle Express [member]
Property, Plant and Equipment [Line Items]
Sale price	13,200
Carrying value on sale	(12,939)
Other sale expenses	(269)
Gain on sale	(8)
M/V Fos Express [member]
Property, Plant and Equipment [Line Items]
Sale price	13,200
Carrying value on sale	(12,931)
Other sale expenses	(284)
Gain on sale	(15)
M/V Athenian [member]
Property, Plant and Equipment [Line Items]
Sale price	51,000
Carrying value on sale	(44,833)
Other sale expenses	(1,029)
Gain on sale	5,138
M/V Athos [member]
Property, Plant and Equipment [Line Items]
Sale price	51,000
Carrying value on sale	(44,760)
Other sale expenses	(1,029)
Gain on sale	5,211
M/V Aristomenis [member]
Property, Plant and Equipment [Line Items]
Sale price	51,000
Carrying value on sale	(45,105)
Other sale expenses	(1,029)
Gain on sale	4,866
Total [member]
Property, Plant and Equipment [Line Items]
Sale price	259,400
Carrying value on sale	(222,598)
Other sale expenses	(5,200)
Gain on sale	$ 31,602

Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2024

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies - Future minimum charter hire receipts (Table)

Year ending June 30,		Amount
2025	$	447,811
2026		389,820
2027		305,380
2028		299,529
2029		273,642
Thereafter		786,617
Total	$	2,502,799

Commitments and Contingencies - Commitments for the acquisition of vessel owning companies from a related party and vessels under construction (Table)

Year ending June 30,		Acquisition of vessel owning companies from CMTC		Vessels under construction		Total
2025	$	—	$	171,395	$	171,395
2026		486,000		369,157		855,157
2027		—		913,641		913,641
2028		—		35,928		35,928
Total	$	486,000	$	1,490,121	$	1,976,121

Commitments and Contingencies - Supervision services commitments (Table)

Year ending June 30,		Amount
2025	$	1,467
2026		2,083
2027		2,717
2028		133
Total	$	6,400

Derivative Instruments (Details Narrative)	6 Months Ended
Derivative Instruments (Details Narrative)	Jun. 30, 2024 USD ($)
Derivative Instruments
Estimated period expected to be reclassified	12 months
Foreign currency cash flow fedge loss to be reclassified during next 12 months	$ 1,887

Subsequent events

6 Months Ended

Jun. 30, 2024

Subsequent Events [Abstract]

Subsequent events

14. Subsequent events

(a) Dividends: On July 24, 2024, the board of directors of the Partnership declared a cash distribution of $0.15 per common unit for the second quarter of 2024. The second quarter common unit cash distribution was paid on August 12, 2024, to unit holders of record on August 6, 2024.

(b) Partnership’s conversion into corporation and name change: On August 2, 2024, the Partnership announced its conversion from a Marshall Islands limited partnership to a Marshall Islands corporation and its name change from Capital Product Partners L.P. to Capital Clean Energy Carriers Corp. (the “CCEC” or “Company”). The conversion and the name change were approved by the majority of the Partnership’s unitholders, the conflicts committee of the Partnership’s board of directors, the Partnership’s full board of directors and the Partnership’s CGP and completed on August 26, 2024. As a result of the Conversion the Company’s common shares are trading on the Nasdaq Global Select Market under the name “Capital Clean Energy Carriers Corp.” with the ticker symbol CCEC and the following changes to the capital structure and corporate governance, among others, occurred.

•

CPP, a Marshall Islands limited partnership, was converted to CCEC, a Marshall Islands corporation.

•

Each common unit of CPP issued and outstanding immediately prior to the conversion was converted into one common share of CCEC with a par value of $0.01 per share (the “Common Shares”).

•

The CGP units and its incentive distribution rights issued and outstanding immediately prior to the conversion was converted into an aggregate 3,500,000 Common Shares. Following the conversion, CMTC and its affiliates hold in aggregate approximately 59.0% of the outstanding Common Shares.

•

CGP gave up its existing management and consent rights with respect to CPP, including its right to appoint three directors to CPP’s board of directors and its veto rights over, among other things, approval of mergers, consolidations and other significant corporate transactions and amendments to CPP’s governing documents.

•

Following the conversion, the board of directors consist of eight directors, a majority of which are “independent” in accordance with Nasdaq rules.

14. Subsequent events – Continued

(b) Partnership’s conversion into corporation and name change Continued:

•

Until CMTC and its affiliates cease to own at least 25% of the outstanding Common Shares, CMTC and its affiliates will have the right to nominate three out of the eight directors to the board. If the holdings of CMTC and its affiliates fall below 25% but remain above 15% of the outstanding Common Shares, CMTC and its affiliates thereafter will have the right to nominate two out of eight directors to the board. If the holdings of CMTC and its affiliates fall below 15% but remain above 5% of the outstanding Common Shares, CMTC and its affiliates thereafter will have the right to nominate one out of eight directors to the board. If the holdings of CMTC and its affiliates fall below 5%, CMTC thereafter will no longer have any rights to nominate directors to the board. The remaining members of the board of directors will be nominated by CCEC’s nominating committee and all directors will be elected by majority vote of the holders of Common Shares (including CMTC and its affiliates), other than in a contested election, in which the election of directors will be by a plurality vote.

(c) Refinancing of the two “2021 CMBFL - LNG/C”: On August 23, 2024, the Partnership entered into two separate sale and lease back agreements with subsidiaries of the Bank of Communications Financial Leasing Co., Ltd (“Bocomm”) for the LNG/C Asklipios and the LNG/C Attalos for an amount of $162,500 each with the purpose of refinancing the then outstanding balance of both vessels of $250,365 under the sale and lease back arrangements that the companies owning the vessels had entered into with CMB Financial Leasing Co., Ltd (“CMBFL”) in 2021. The new sale and lease back agreements have remaining durations, starting from August 29, 2024, when the refinancing took place, of 7 years.

(d) Sale of vessels: On September 12, 2024, the Partnership entered into five separate MOAs with a third party for the sale of the M/V Hyundai Premium, the M/V Hyundai Paramount, the M/V Hyundai Privilege, the M/V Hyundai Prestige and the M/V Hyundai Platinum, (each 63,010 DWT/ 5,023 TEU, container vessel, built 2013, Hyundai Heavy Industries Co., Ltd., S. Korea). The five vessels met the criteria to be classified as held for sale. At that time the vessels’ fair values less costs to sell exceeded their carrying amount of $175,711 including the unamortized portion of the above market acquired charters, so no impairment charges were recognized in the Partnership’s records. The vessels are expected to be delivered to their new owner progressively between November 2024 and January 2025.

Unaudited Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Long-term debt, net - related party	$ 48,164	$ 6,000

Long-term debt, net (Details Narrative) - USD ($) $ in Thousands		2 Months Ended			4 Months Ended				5 Months Ended		6 Months Ended						7 Months Ended	12 Months Ended
	Jan. 02, 2024	Mar. 11, 2024	Mar. 08, 2024	Feb. 28, 2024	May 14, 2024	Apr. 26, 2024	Apr. 24, 2024	Apr. 22, 2024	Jun. 05, 2024	May 31, 2024	Jun. 30, 2024	Jun. 28, 2024	Jun. 26, 2024	Jun. 25, 2024	Jun. 20, 2024	Jun. 30, 2023	Jul. 16, 2024	Dec. 22, 2023	Dec. 21, 2023	Dec. 20, 2023
Debt Instrument [Line Items]
Repayments of Debt											$ 333,847					$ 64,487
Debt Instrument, Covenant Compliance											As of June 30, 2024, and December 31, 2023, the Partnership was in compliance with all financial debt covenants
Interest expense											$ 62,990					$ 47,563
Weighted average interest rate											6.80%					6.20%
ICBCFL - M/V Akadimos [member]
Debt Instrument [Line Items]
Full repayments of debt			$ 38,332
2020 CMBFL - M/V Athos [Member]
Debt Instrument [Line Items]
Repayments of Debt								$ 25,700
2020 CMBFL - M/V Aristomenis [Member]
Debt Instrument [Line Items]
Repayments of Debt						$ 24,900
2024 - LNG/C Apostolos Jolco [Member]
Debt Instrument [Line Items]
Description of scope														for the purpose of full repayment of the 2024 – LNG/C Apostolos credit facility
Sale and leaseback agreement - financing arrangements														$ 240,000
Amount drawn down																	$ 240,000
Sale Leaseback Transaction, Lease Term														8 years
Line of Credit Facility, Remaining Borrowing Capacity											$ 240,000
2023 Jolco - LNG/C Assos [Member]
Debt Instrument [Line Items]
Description of scope																		for the purpose of partially financing the acquisition of the shares of the vessel-owning company of the LNG/C Assos
Sale and leaseback agreement - financing arrangements																		$ 240,000
Amount drawn down										$ 240,000
Sale Leaseback Transaction, Lease Term																		8 years
2024- LNG/C Aristidis I Credit facility [member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity														$ 155,000
Proceeds from Lines of Credit													$ 155,000
Description of scope														for the full repayment of the 2021 credit facility
Debt Instrument, Term														7 years
2021 Credit Facility [Member]
Debt Instrument [Line Items]
Full repayments of debt												$ 99,403
2024- LNG/C Apostolos Credit facility [member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity															$ 192,000
Proceeds from Lines of Credit											192,000
Description of scope															for the purpose of partially financing the construction of the vessel
Full repayments of debt																	$ 192,000
2024- LNG/C Aktoras Credit facility [member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity										$ 240,000
Proceeds from Lines of Credit											240,000
Description of scope										for the purpose of partially financing the construction of the vessel
Debt Instrument, Term										7 years
The 2021 Bocomm Agreement [Member]
Debt Instrument [Line Items]
Sale Leaseback Transaction, Lease Terms					amend certain of the terms included in two separate sale and lease back agreements that the companies owning the vessels LNG/C Aristos I and the LNG/C Aristarchos had entered into with Bocomm in 2021. Specifically, effective from May 2024, the Partnership agreed to reduce the interest paid on the outstanding amount and extended the maturity for both facilities by two years
2024 - LNG/C Axios II credit facility [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity																				$ 190,000
Proceeds from Lines of Credit	$ 190,000
Description of scope																				for the purpose of partially financing the construction of the vessel
Debt Instrument, Term																				7 years
Umbrella seller's credit [Member]
Debt Instrument [Line Items]
Description of scope																			to finance a portion of the purchase price of the 11 new 174,000 CBM LNG/C vessels under construction
Seller's credit - maximum borrowing capacity																			$ 220,000
Line of Credit Facility, Interest Rate During Period																			7.50%
Maturity date																			June 30, 2027
Amount used from Umbrella seller's credit											134,764
Repayments of Debt		$ 39,973		$ 12,789			$ 39,838
LNG/C Apostolos - Umbrella Seller's Credit [member]
Debt Instrument [Line Items]
Amount used from Umbrella seller's credit												$ 2,264
LNG/C Aktoras - Umbrella Seller's Credit [member]
Debt Instrument [Line Items]
Amount used from Umbrella seller's credit									$ 39,900
LNG/C Axios II - Umbrella Seller's Credit [member]
Debt Instrument [Line Items]
Amount used from Umbrella seller's credit	$ 92,600
Credit facilities and financing arrangements [Member]
Debt Instrument [Line Items]
Full repayments of debt											280,935
Repayments of Debt											$ 52,912

Net Income Per Unit (Details Narrative) - shares	Jun. 30, 2024	Dec. 31, 2023	Jun. 30, 2023
Earnings Per Share [Abstract]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number	247,934	247,934	495,867

Commitments and Contingencies

6 Months Ended

Jun. 30, 2024

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

13. Commitments and Contingencies

Contingencies

Various claims, suits and complaints, including those involving government regulations and product liability, arise in the ordinary course of the shipping business. In addition, losses may arise from disputes with charterers, agents, insurance and other claims with suppliers relating to the operations of the Partnership’s vessels.

The Partnership accrues for the cost of environmental liabilities when management becomes aware that a liability is probable and is able to reasonably estimate the probable exposure. Currently, the Partnership is not aware of any such claims or contingent liabilities, which should be disclosed, or for which a provision should be established in the accompanying unaudited condensed consolidated financial statements.

Commitments

(a) Lease Commitments: Future minimum charter hire receipts, excluding any profit share revenue that may arise, based on non-cancellable time charter contracts, as of June 30, 2024 were:

Year ending June 30,		Amount
2025	$	447,811
2026		389,820
2027		305,380
2028		299,529
2029		273,642
Thereafter		786,617
Total	$	2,502,799

(b) Commitments for the acquisition of vessel owning companies from a related party and vessels under construction: As of June 30, 2024, the Partnership had outstanding commitments relating to acquisitions of vessel owning companies from a related party and vessels under construction amounting to $486,000 and $1,490,121, respectively which will be financed through the issuance of debt and cash at hand (Notes 4, 5).

13. Commitments and Contingencies - Continued

Commitments - Continued

(b) Commitments for the acquisition of vessel owning companies from a related party and vessels under construction - Continued

The following table contains details of the commitments for the acquisition of vessel owning companies from a related party and for vessels under construction:

Year ending June 30,		Acquisition of vessel owning companies from CMTC		Vessels under construction		Total
2025	$	—	$	171,395	$	171,395
2026		486,000		369,157		855,157
2027		—		913,641		913,641
2028		—		35,928		35,928
Total	$	486,000	$	1,490,121	$	1,976,121

(c) Supervision Services Commitments: As of June 30, 2024, the Partnership had outstanding commitments relating to supervision services agreements for vessels under construction, amounting to $6,400 (Notes 4, 5b).

The following table contains details of supervision services commitments:

Year ending June 30,		Amount
2025	$	1,467
2026		2,083
2027		2,717
2028		133
Total	$	6,400

Net Income Per Unit (Tables)

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Net Income Per Unit - Basic and Diluted (Table)


	For the six-month periods ended June 30,
BASIC and DILUTED	2024		2023
Numerators
Partnership’s net income	$	68,080	$	17,440
Less:
General Partner’s interest in Partnership’s net income		428		297
Partnership’s net income allocable to unvested units		305		423
Common unit holders’ interest in Partnership’s net income	$	67,347	$	16,720
Denominators
Weighted average number of common units outstanding, basic and diluted		54,851,934		19,639,212
Net income per common unit:
Basic and diluted	$	1.23	$	0.85

Commitments and Contingencies - Commitments for the acquisition of vessel owning companies from a related party and vessels under construction (Table) (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Acquisition of vessel owning companies from CMTC [Member]
Property, Plant and Equipment [Line Items]
2025	$ 0
2026	486,000
2027	0
2028	0
Total	486,000
Vessels under Construction [member]
Property, Plant and Equipment [Line Items]
2025	171,395
2026	369,157
2027	913,641
2028	35,928
Total	1,490,121
Total [Member]
Property, Plant and Equipment [Line Items]
2025	171,395
2026	855,157
2027	913,641
2028	35,928
Total	$ 1,976,121

Transactions with related parties - Gas vessels under construction (table) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Amount paid to CMTC for the acquisition of the vessel-owning companies of the Gas Vessels	$ 74,654
Hull 8424 MGC [Member]
Cubic Meters (“CBM”)	45,000
Shipyard	Hyundai Mipo Dockyard Co. Ltd, South Korea ("Hyundai Mipo")
Estimated Delivery	Jun-26
Amount paid to CMTC for the acquisition of the vessel-owning companies of the Gas Vessels	$ 0
Hull 8425 MGC [Member]
Cubic Meters (“CBM”)	45,000
Shipyard	Hyundai Mipo
Estimated Delivery	Sep-26
Amount paid to CMTC for the acquisition of the vessel-owning companies of the Gas Vessels	$ 0
Hull 8426 MGC [Member]
Cubic Meters (“CBM”)	45,000
Shipyard	Hyundai Mipo
Estimated Delivery	Feb-27
Amount paid to CMTC for the acquisition of the vessel-owning companies of the Gas Vessels	$ 0
Hull 8427 MGC [Member]
Cubic Meters (“CBM”)	45,000
Shipyard	Hyundai Mipo
Estimated Delivery	May-27
Amount paid to CMTC for the acquisition of the vessel-owning companies of the Gas Vessels	$ 0
Hull S1111 MGC [Member]
Cubic Meters (“CBM”)	40,000
Shipyard	Nantong CIMC Sinopacific Offshore & Engineering Co. Ltd, China ("CIMC SOE")
Estimated Delivery	Mar-27
Amount paid to CMTC for the acquisition of the vessel-owning companies of the Gas Vessels	$ 9,798
Hull S1112 MGC [Member]
Cubic Meters (“CBM”)	40,000
Shipyard	CIMC SOE
Estimated Delivery	Jul-27
Amount paid to CMTC for the acquisition of the vessel-owning companies of the Gas Vessels	$ 9,798
Hull 8398 LCO2-HMGC [Member]
Cubic Meters (“CBM”)	22,000
Shipyard	Hyundai Mipo
Estimated Delivery	Jan-26
Amount paid to CMTC for the acquisition of the vessel-owning companies of the Gas Vessels	$ 19,885
Hull 8399 LCO2-HMGC [Member]
Cubic Meters (“CBM”)	22,000
Shipyard	Hyundai Mipo
Estimated Delivery	Apr-26
Amount paid to CMTC for the acquisition of the vessel-owning companies of the Gas Vessels	$ 19,885
Hull 8404 LCO2-HMGC [Member]
Cubic Meters (“CBM”)	22,000
Shipyard	Hyundai Mipo
Estimated Delivery	Sep-26
Amount paid to CMTC for the acquisition of the vessel-owning companies of the Gas Vessels	$ 7,644
Hull 8405 LCO2-HMGC [Member]
Cubic Meters (“CBM”)	22,000
Shipyard	Hyundai Mipo
Estimated Delivery	Nov-26
Amount paid to CMTC for the acquisition of the vessel-owning companies of the Gas Vessels	$ 7,644

Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Financial Instruments - Fair value measurements on a recurring basis (Table)

Items Measured at Fair Value on a recurring Basis - Fair Value Measurements

Recurring Measurements:		June 30, 2024		Quoted prices in active markets for identical assets (Level 1)		Significant other Observable inputs (Level 2)		Unobservable Inputs (Level 3)
Cross Currency SWAP (100,000) - asset position	$	3,226	$	—	$	3,226	$	—
Cross Currency SWAP (120,000) – liability position		(9,742)		—		(9,742)		—
Cross Currency SWAP (30,000) – liability position		(2,481)		—		(2,481)		—
Total	$	(8,997)	$	—	$	(8,997)	$	—

Above / below market acquired charters (Details Narrative) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Amortization of above market acquired charters	$ 10,812
Accretion of below market acquired charters		$ 1,520
Unamortized above market	123,360		$ 83,389
Unamortized below market	83,198		88,543
Above Market Acquired Charters [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization of above market acquired charters	18,283
Unamortized above market	123,360		83,389
Below Market Acquired Charters [Member]
Finite-Lived Intangible Assets [Line Items]
Accretion of below market acquired charters	7,471
Unamortized below market	$ 83,198		$ 88,543

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

Fixed Assets and Assets Held for Sale

6 Months Ended

Jun. 30, 2024

Fixed Assets And Assets Held For Sale

Fixed Assets and Assets Held for Sale

5. Fixed Assets and Assets Held for Sale

Fixed assets

Vessels, net

The following table presents an analysis of vessels, net:

	Vessel cost		Accumulated depreciation		Net book value
Balance as at January 1, 2024	$	2,769,298	$	(277,382)	$	2,491,916
Vessel acquisitions		1,150,782		—		1,150,782
Vessel disposals		(311,021)		73,607		(237,414)
Improvements		247		—		247
Depreciation for the year		—		(45,760)		(45,760)
Balance as at June 30, 2024	$	3,609,306		(249,535)		3,359,771

Five vessels with an aggregate net book value of $1,012,393 as of June 30, 2024, have been provided as collateral under the terms of the Partnership’s credit facilities (Note 7). In addition, there are 10 vessels financed through sale and lease back agreements, for which the title of ownership is held by the relevant lender, with an aggregate net book value of $2,172,997 and five unencumbered vessels with an aggregate net book value of $174,381 (Note 7) as of June 30, 2024.

Vessel acquisitions

Pursuant to the Umbrella Agreement during the six-month period ended June 30, 2024, the Partnership acquired from CMTC the shares of the vessel-owning companies of the below vessels:

Vessel	Delivery Date		Consideration		Debt (Note 7)		Umbrella Seller’s Credit (Note 7)		Advances paid to CMTC in December 2023		Cash paid to CMTC on the delivery date
Axios II	January 2, 2024	$	314,000	$	190,000	$	92,600	$	31,400	$	—
Assos	May 31, 2024		277,000		240,000		—		27,700		9,300
Aktoras	June 5, 2024		311,000		240,000		39,900		31,100		—
Apostolos	June 28, 2024		302,000		192,000		2,264		30,200		77,536
Total		$	1,204,000	$	862,000	$	134,764	$	120,400	$	86,836

The Partnership accounted for these acquisitions as acquisitions of assets since the fair value of the vessels and the time and bareboat charters attached are concentrated in a single identifiable asset. The Partnership considered whether any value should be assigned to the attached charter party agreements acquired and concluded that the contracted daily charter rate was above the market rate on the acquisition date and therefore the total consideration was allocated to the vessel’s cost and the above market acquired charter for the LNG/C Axios II, the LNG/C Apostolos and the LNG/C Aktoras and for the LNG/C Assos the contracted daily charter rate was below the market rate on the acquisition date and therefore the total consideration was allocated to the vessel’s cost and the below market acquired charter (Note 6). The Partnership allocated the cost of the vessels and the time and bareboat charters acquired on the basis of their relative fair values.

The vessels were recorded in the Partnership’s financial statements at a total value of $1,150,782, reflecting a net decrease of $53,218 from the acquisition cost of $1,204,000 due to the value of the charters that were attached to the vessels at the time of the respective acquisitions (Note 6).

5. Fixed Assets and Assets Held for Sale – Continued

Fixed assets – Continued

Vessels, net - Continued

Improvements

During the six-month periods ended June 30, 2024, and 2023, certain of the Partnership’s vessels underwent improvements. The costs of these improvements amounted to $247 and $16,665 respectively and were capitalized as part of the vessels’ cost.

Vessel disposals

During the six-month period ended June 30, 2024, the Partnership entered into six memoranda of agreement (“MOA”) with third parties for the sale of the below vessels. The Partnership entered into these MOAs based on its strategic decision to focus on the energy transition while at the same time taking advantage of the attractive vessel valuations. The six vessels met the criteria to be classified as held for sale. As of the MOAs dates the vessels’ fair values less estimated costs to sell exceeded their carrying amount, so no impairment charges were recognised in the Partnership’s unaudited condensed consolidated statement of comprehensive income for the six-month period ended June 30, 2024.

Vessel	MOA date		MOA Price	Delivery Date
M/V Akadimos	January 31, 2024	$	80,000	March 8, 2024
M/V Seattle Express	February 14, 2024		13,200	April 26, 2024
M/V Fos Express	February 14, 2024		13,200	May 3, 2024
M/V Athenian	March 1, 2024		51,000	April 22, 2024
M/V Athos	March 1, 2024		51,000	April 22, 2024
M/V Aristomenis	March 1, 2024		51,000	May 3, 2024
Total		$	259,400

For the six-month period ended June 30, 2024, the Partnership recognized a gain on sale of vessels analysed as follows:

Vessel		Sale price		Carrying value on sale		Other sale expenses		Gain on sale
M/V Akadimos	$	80,000	$	(62,030)	$	(1,560)	$	16,410
M/V Seattle Express		13,200		(12,939)		(269)		(8)
M/V Fos Express		13,200		(12,931)		(284)		(15)
M/V Athenian		51,000		(44,833)		(1,029)		5,138
M/V Athos		51,000		(44,760)		(1,029)		5,211
M/V Aristomenis		51,000		(45,105)		(1,029)		4,866
Total	$	259,400	$	(222,598)	$	(5,200)	$	31,602

5. Fixed Assets and Assets Held for Sale – Continued

Fixed assets – Continued

Vessels under construction

The following table presents an analysis of vessels under construction:

	Vessels under construction cost
Balance as at January 1, 2024	$	140,369
Advances for vessels under construction		184,409
Balance as at June 30, 2024	$	324,778

During the six-month period ended June 30, 2024, the Partnership paid advances of $74,654 (Note 4) in relation to the Gas Vessels and $101,100 in relation to the LNG/C Alcaios I, the LNG/C Antaios I, the LNG/C Athlos and the LNG/C Archon (the “Newbuild Vessels”). During the six-month period ended June 30, 2024, the Partnership recognized initial expenses of $8,655, as part of vessels under construction cost.

Advances for vessels under construction-related party

Pursuant to the Umbrella Agreement in December 2023 the Partnership paid to CMTC a deposit of $174,400, or 10% of the aggregate acquisition price of the LNG/C Axios II, the LNG/C Assos, the LNG/C Apostolos, the LNG/C Aktoras, the LNG/C Archimidis and the LNG/C Agamemnon. During the six-month period ended June 30, 2024, upon the LNG/C Axios II, the LNG/C Assos, the LNG/C Apostolos and the LNG/C Aktoras delivery from the shipyard, the Partnership acquired from CMTC the vessel-owning companies of these four LNG/Cs (Note 5a).

The following table presents an analysis of advances for vessels under construction-related party:

	Advances for vessels under construction-related party
Balance as at January 1, 2024	$	174,400
Transfer to vessels, net		(120,400)
Balance as at June 30, 2024	$	54,000

Assets held for sale

An analysis of assets held for sale is as follows:

	Assets held for sale
Balance as at January 1, 2024	$	14,394
Disposal of vessel		(14,394)
Balance as at June 30, 2024	$	—

On December 15, 2023, the Partnership agreed to sell to an unaffiliated party the M/V Long Beach Express along with its time charter attached (Note 6), at a price of $13,050, considered that the vessel met the criteria to be classified as held for sale, measured the vessel at the lower of its carrying amount along with the time charter attached and fair value less the cost associated with the sale, and recognized an impairment charge of $340 in its consolidated statement of comprehensive income for the year ended December 31, 2023. The vessel was delivered to the new owner on February 26, 2024.

Fixed Assets and Assets Held for Sale (Tables)

6 Months Ended

Jun. 30, 2024

Fixed Assets And Assets Held For Sale

Fixed Assets and Assets Held for Sale - Vessels, net (Table)

	Vessel cost		Accumulated depreciation		Net book value
Balance as at January 1, 2024	$	2,769,298	$	(277,382)	$	2,491,916
Vessel acquisitions		1,150,782		—		1,150,782
Vessel disposals		(311,021)		73,607		(237,414)
Improvements		247		—		247
Depreciation for the year		—		(45,760)		(45,760)
Balance as at June 30, 2024	$	3,609,306		(249,535)		3,359,771

Fixed Assets And Assets Held for Sale - Vessel acquisitions (Table)

Vessel	Delivery Date		Consideration		Debt (Note 7)		Umbrella Seller’s Credit (Note 7)		Advances paid to CMTC in December 2023		Cash paid to CMTC on the delivery date
Axios II	January 2, 2024	$	314,000	$	190,000	$	92,600	$	31,400	$	—
Assos	May 31, 2024		277,000		240,000		—		27,700		9,300
Aktoras	June 5, 2024		311,000		240,000		39,900		31,100		—
Apostolos	June 28, 2024		302,000		192,000		2,264		30,200		77,536
Total		$	1,204,000	$	862,000	$	134,764	$	120,400	$	86,836

Fixed Assets and Assets Held for Sale - Disposals (Table)

Vessel	MOA date		MOA Price	Delivery Date
M/V Akadimos	January 31, 2024	$	80,000	March 8, 2024
M/V Seattle Express	February 14, 2024		13,200	April 26, 2024
M/V Fos Express	February 14, 2024		13,200	May 3, 2024
M/V Athenian	March 1, 2024		51,000	April 22, 2024
M/V Athos	March 1, 2024		51,000	April 22, 2024
M/V Aristomenis	March 1, 2024		51,000	May 3, 2024
Total		$	259,400

Fixed Assets and Assets Held for Sale - Gain on Sale of vessels (Table)

Vessel		Sale price		Carrying value on sale		Other sale expenses		Gain on sale
M/V Akadimos	$	80,000	$	(62,030)	$	(1,560)	$	16,410
M/V Seattle Express		13,200		(12,939)		(269)		(8)
M/V Fos Express		13,200		(12,931)		(284)		(15)
M/V Athenian		51,000		(44,833)		(1,029)		5,138
M/V Athos		51,000		(44,760)		(1,029)		5,211
M/V Aristomenis		51,000		(45,105)		(1,029)		4,866
Total	$	259,400	$	(222,598)	$	(5,200)	$	31,602

Fixed Assets and Assets Held for Sale - vessels under construction cost (Table)

	Vessels under construction cost
Balance as at January 1, 2024	$	140,369
Advances for vessels under construction		184,409
Balance as at June 30, 2024	$	324,778

Fixed Assets and Assets Held for Sale - Advances for vessels under construction - related party (Table)

	Advances for vessels under construction-related party
Balance as at January 1, 2024	$	174,400
Transfer to vessels, net		(120,400)
Balance as at June 30, 2024	$	54,000

Fixed Assets and Assets Held for Sale - Assets held for sale (Table)

	Assets held for sale
Balance as at January 1, 2024	$	14,394
Disposal of vessel		(14,394)
Balance as at June 30, 2024	$	—

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities:
Net income	$ 68,080	$ 17,440
Adjustments to reconcile net income to net cash provided by operating activities:
Vessel depreciation and amortization (Note 5)	46,538	40,053
Gain on sale of vessels	(31,602)	0
Impairment of vessel	0	7,956
Amortization and write-off of deferred financing costs	2,089	1,483
Amortization / accretion of above / below market acquired charters (Note 6)	10,812	1,520
Amortization of ineffective portion of derivatives	(105)	(156)
Equity compensation expense (Note 11)	3,517	1,864
Change in fair value of derivatives (Note 8)	5,043	(3,213)
Unrealized bonds exchange differences (Note 7)	(5,538)	2,989
Changes in operating assets and liabilities:
Trade accounts receivable, net	(2,918)	(1,433)
Prepayments and other assets	2,007	3,763
Due from related party	621	3,636
Inventories	64	574
Claims	0	685
Trade accounts payable	1,746	2,271
Due to related parties	(629)	4,559
Accrued and other liabilities	8,897	6,387
Deferred revenue	(5,165)	1,146
Dry-docking costs paid	(105)	0
Net cash provided by operating activities	103,352	91,524
Cash flows from investing activities:
Vessel acquisitions, vessels under construction and improvements including time charter agreements (Notes 5, 6)	(1,135,573)	(455,791)
Net proceeds from sale of vessels (Note 5)	271,825	0
Net cash used in investing activities	(863,748)	(455,791)
Cash flows from financing activities:
Proceeds from long-term debt (Note 7)	1,017,000	392,000
Deferred financing costs paid	(8,929)	(3,444)
Payments of long-term debt (Note 7)	(333,847)	(64,487)
Repurchase of common units	0	(3,846)
Dividends paid (Note 10)	(16,747)	(6,151)
Net cash provided by financing activities	657,477	314,072
Net decrease in cash, cash equivalents and restricted cash	(102,919)	(50,195)
Cash, cash equivalents and restricted cash at beginning of period	204,143	154,848
Cash, cash equivalents and restricted cash at end of period	101,224	104,653
Supplemental cash flow information
Cash paid for interest	57,125	45,140
Non-Cash Investing and Financing Activities
Capital expenditures included in liabilities	4,605	12,207
Capitalized dry-docking costs included in liabilities	4,149	5,176
Deferred financing costs included in liabilities	173	410
Expenses for sale of vessels included in liabilities (Note 5)	5,275	0
Seller’s credit agreement in connection with the acquisition of vessel-owning companies (Notes 4, 5, 7)	134,764	0
Reconciliation of cash, cash equivalents and restricted cash
Cash and cash equivalents	88,303	92,936
Restricted cash - Non-current assets	12,921	11,717
Total cash, cash equivalents and restricted cash shown in the statements of cash flows	$ 101,224	$ 104,653

Commitments and Contingencies - Future minimum charter hire receipts (Table) (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2025	$ 447,811
2026	389,820
2027	305,380
2028	299,529
2029	273,642
Thereafter	786,617
Total	$ 2,502,799

Revenues - Disaggregation of revenue (Table) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Revenues	$ 202,165	$ 169,551
Time and bareboat charters (operating leases) [Member]
Revenues	202,165	163,524
Voyage charters [Member]
Revenues	$ 0	$ 6,027

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482964/270-10-50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (ee)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 4: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 5: http://fasb.org/us-gaap/role/ref/otherTransitionRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 32
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-32

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 924
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 11.L)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479941/924-10-S99-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 42
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-42

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-40

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 22
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-4

+ Details

Fixed Assets and Assets Held for Sale - Vessels, net (Table) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Vessel Cost [Member]
Property, Plant and Equipment [Line Items]
Balance as at beginning of period	$ 2,769,298
Vessel acquisitions	1,150,782
Vessel disposals	(311,021)
Improvements	247
Balance as at end of period	3,609,306
Accumulated depreciation [Member]
Property, Plant and Equipment [Line Items]
Balance as at beginning of period	(277,382)
Vessel disposals	73,607
Depreciation for the year	(45,760)
Balance as at end of period	(249,535)
Net book value [Member]
Property, Plant and Equipment [Line Items]
Balance as at beginning of period	2,491,916
Vessel acquisitions	1,150,782
Vessel disposals	(237,414)
Improvements	247
Depreciation for the year	(45,760)
Balance as at end of period	$ 3,359,771

Fixed Assets And Assets Held for Sale - Vessel acquisitions (Table) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Consideration	$ 1,135,573	$ 455,791
Debt	2,596,466		$ 1,787,781
Advances paid to CMTC in December 2023	$ 54,000		$ 174,400
LNG/ C Axios II [Member]
Property, Plant and Equipment [Line Items]
Delivery Date	January 2, 2024
Consideration	$ 314,000
Debt	190,000
Umbrella Seller's Credit	92,600
Advances paid to CMTC in December 2023	31,400
Cash to CMTC on the Delivery date	$ 0
LNG/C Assos [Member]
Property, Plant and Equipment [Line Items]
Delivery Date	May 31, 2024
Consideration	$ 277,000
Debt	240,000
Umbrella Seller's Credit	0
Advances paid to CMTC in December 2023	27,700
Cash to CMTC on the Delivery date	$ 9,300
LNG/C Aktoras [Member]
Property, Plant and Equipment [Line Items]
Delivery Date	June 5, 2024
Consideration	$ 311,000
Debt	240,000
Umbrella Seller's Credit	39,900
Advances paid to CMTC in December 2023	31,100
Cash to CMTC on the Delivery date	$ 0
LNG/C Apostolos [Member]
Property, Plant and Equipment [Line Items]
Delivery Date	June 28, 2024
Consideration	$ 302,000
Debt	192,000
Umbrella Seller's Credit	2,264
Advances paid to CMTC in December 2023	30,200
Cash to CMTC on the Delivery date	77,536
Total [Member]
Property, Plant and Equipment [Line Items]
Consideration	1,204,000
Debt	862,000
Umbrella Seller's Credit	134,764
Advances paid to CMTC in December 2023	120,400
Cash to CMTC on the Delivery date	$ 86,836

Commitments and Contingencies - Supervision services commitments (Table) (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2025	$ 1,467
2026	2,083
2027	2,717
2028	133
Total	$ 6,400

Partners’ Capital

6 Months Ended

Jun. 30, 2024

Equity [Abstract]

Partners’ Capital

10. Partners’ Capital

As of June 30, 2024, and December 31, 2023, the Partnership’s partners’ capital was comprised of the following units:

	As of June 30, 2024	As of December 31, 2023
Common units	54,887,313	55,039,143
General partner units	348,570	348,570
Treasury Units	2,122,352	870,522
Total partnership units	57,358,235	56,258,235

Details of the Partnership’s Partner’s Capital are discussed in Note 13 of the Partnership’s Consolidated Financial Statements for the year ended December 31, 2023.

During the six-month periods ended June 30, 2024, and 2023, the Partnership declared and paid the following distributions to its common unit holders:

	April 25, 2024	January 25, 2024	April 25, 2023	January 26, 2023
Common unitholders
Distributions per common unit declared	$0.15	$0.15	$0.15	$0.15
Common units distribution	$8,386	$8,257	$3,009	$3,008
General partner and incentive distribution rights (“IDR”)	$52	$52	$52	$52

Transactions with Related Parties - Consolidated Balance Sheets (Table) (Details) - USD ($)
$ in Thousands

Jun. 30, 2024

Dec. 31, 2023

Assets:

Due from related party

$ 1,226

$ 402

Liabilities:

Due to related parties

5,350

7,979

CMTC - amounts relating to vessels acquisitions (a) [Member]

Assets:

Due from related party

^[1]

402

Liabilities:

Due to related parties

^[1]

2,213

Capital-Gas – advances from the Partnership (b) [Member]

Assets:

Due from related party

^[2]

1,226

CSM - payments on behalf of the Partnership (c) [Member]

Liabilities:

Due to related parties

^[3]

114

Capital-Executive - payments on behalf of the Partnership (c) [Member]

Liabilities:

Due to related parties

^[3]

3,137

3,823

Capital-Gas - payments on behalf of the Partnership (c) [Member]

Liabilities:

Due to related parties

^[3]

$ 0

$ 4,042

[1]	*Amounts relating to vessels acquisitions:* This line item mainly includes bunkers and lubricants onboard payable to CMTC and collected hire income payable from CMTC in connection with the acquisition of the vessels under the Umbrella Agreement.
[2]	*Managers - Advances from the Partnership:* This line item represents the amounts advanced by the Partnership for operating and voyage expenses to be paid by the Managers on behalf of the Partnership and its subsidiaries.
[3]	*Managers - Payments on Behalf of the Partnership:* This line item represents the amount outstanding for payments for operating and voyage expenses made by the Managers on behalf of the Partnership and its subsidiaries.

Omnibus Incentive Compensation Plan

6 Months Ended

Jun. 30, 2024

Share-Based Payment Arrangement [Abstract]

Omnibus Incentive Compensation Plan

11. Omnibus Incentive Compensation Plan

In January 2024, the board of directors adopted an amended and restated Compensation Plan (the “Plan”), to reserve for issuance a maximum number of 1,100,000 restricted common units which were recognized under treasury units.

On March 8, 2024, the Partnership awarded 96,104 unvested units to Employees and Non-Employees with a grant-date fair value of $17.45 per unit. The units were fully vested on the same date.

The following table contains details of our plan:

	Equity compensation plan
Unvested Units	Units		Value
Unvested on January 1, 2024	247,934	$	3,769
Granted	96,104		1,671
Vested	(96,104)		(1,671)
Unvested on June 30, 2024	247,934	$	3,769

The unvested units accrue distributions as declared and paid, which distributions are retained by the custodian of the Plan until the vesting date at which time they are payable to the grantee. As unvested unit grantees accrue distributions on awards that are expected to vest, such distributions are charged to Partners’ capital. As of June 30, 2024, the unvested units accrued $609 of distributions.

There were no forfeitures of awards during the six-month period ended June 30, 2024. The Partnership estimated the forfeitures of unvested units to be immaterial.

For the six-month periods ended June 30, 2024, and 2023 the equity compensation expense that has been charged in the unaudited condensed consolidated statements of comprehensive income was $3,517 and $1,864 respectively. This expense has been included in “General and administrative expenses” in the unaudited condensed consolidated statements of comprehensive income.

As of June 30, 2024, the total unrecognized compensation cost related to non-vested awards is $1,895 and is expected to be recognized over a period of 0.5 years. The Partnership uses the straight-line method to recognize the cost of the awards.

Above / below market acquired charters

6 Months Ended

Jun. 30, 2024

Above Below Market Acquired Charters

Above / below market acquired charters

6. Above / below market acquired charters

During the six-month period ended June 30, 2024, the Partnership acquired the LNG/C Axios II, the LNG/C Apostolos and the LNG/C Aktoras with time and bareboat charter daily rates being above the market rates for equivalent time and bareboat charters prevailing at the time of acquisitions (Note 5a). During the six-month period ended June 30, 2024, the Partnership also acquired the LNG/C Assos with time charter attached to the vessel, with time charter daily rate being below market rate for equivalent time charter prevailing at the time of acquisition (Note 5a).

The fair value of the time and the bareboat charters attached to the vessels representing the difference between the time and the bareboat charter rates at which the vessels were fixed and the market rates for comparable charters as determined by reference to market data on the acquisition dates were recorded as “Above market acquired charters” under other non-current assets or “Below market acquired charters” under long-term liabilities in the unaudited condensed consolidated balance sheet as of the acquisition dates, respectively. The fair values of the time and the bareboat charters attached were determined using Level 2 inputs being market values on the acquisition dates (Note 9).

During the six-month period ended June 30, 2024, the Partnership disposed of the M/V Seattle Express and the M/V Fos Express along with their time charters attached (Note 5a).

Above / below market time and bareboat charters acquired are amortized / accreted using the straight-line method as a reduction / increase to revenues over the remaining term of the charters. For the six-month periods ended June 30, 2024, and 2023 such amortization and accretion to time and bareboat charter revenues for the above and below market acquired time and bareboat charters amounted to $10,812 and $1,520, respectively.

An analysis of above / below market acquired time and bareboat charters is as follows:

		Above market acquired charters		Below market acquired charters
Carrying amount as at January 1, 2024	$	83,389	$	(88,543)
Additions		58,254		(5,036)
Disposals		—		2,910
(Amortization) / accretion		(18,283)		7,471
Carrying amount as at June 30, 2024	$	123,360	$	(83,198)

As of June 30, 2024, the remaining carrying amount of unamortized above / below market acquired time and bareboat charters was $123,360 and $83,198 respectively and will be amortized / accreted in future periods as follows:

For the twelve-month periods ended June 30,		Above market acquired charters		Below market acquired charters
2025	$	39,264	$	(14,302)
2026		34,842		(13,512)
2027		12,170		(13,512)
2028		7,413		(13,549)
2029		7,392		(13,512)
Thereafter		22,279		(14,811)
Total	$	123,360	$	(83,198)

Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 88,303	$ 192,422
Trade accounts receivable, net	6,035	3,117
Prepayments and other assets	7,852	8,702
Due from related party (Note 4)	$ 1,226	$ 402
Accounts Receivable, after Allowance for Credit Loss, Current, Related Party [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Inventories	$ 5,647	$ 5,553
Claims	914	914
Assets held for sale (Note 5)	0	14,394
Total current assets	109,977	225,504
Fixed assets
Advances for vessels under construction – related party (Note 5)	54,000	174,400
Vessels, net and vessels under construction (Note 5)	3,684,549	2,632,285
Total fixed assets	3,738,549	2,806,685
Other non-current assets
Above market acquired charters (Note 6)	123,360	83,389
Deferred charges, net	0	4,714
Restricted cash	12,921	11,721
Derivative asset (Note 8)	3,226	6,636
Prepayments and other assets	493	1,650
Total non-current assets	3,878,549	2,914,795
Total assets	3,988,526	3,140,299
Current liabilities
Current portion of long-term debt, net (Note 7)	126,169	103,116
Trade accounts payable	19,553	14,416
Due to related parties (Note 4)	$ 5,350	$ 7,979
Accounts Payable, Current, Related Party [Extensible Enumeration]	Related Party [Member]	Related Party [Member]
Accrued and other liabilities	$ 38,979	$ 28,553
Deferred revenue	18,659	28,419
Below market acquired charters associated with vessels held for sale	0	1,447
Total current liabilities	208,710	183,930
Long-term liabilities
Long-term debt, net (including $48,164 and $6,000 payable to related party as of June 30, 2024, and December 31, 2023, respectively) (Note 7)	2,452,250	1,672,179
Derivative liabilities (Note 8)	12,223	7,180
Below market acquired charters (Note 6)	83,198	88,543
Deferred revenue	2,183	13,534
Total long-term liabilities	2,549,854	1,781,436
Total liabilities	2,758,564	1,965,366
Commitments and contingencies (Note 13)	0	0
Total partners’ capital	1,229,962	1,174,933
Total liabilities and partners’ capital	$ 3,988,526	$ 3,140,299

Commitments and Contingencies (Details Narrative) $ in Thousands	Jun. 30, 2024 USD ($)
Property, Plant and Equipment [Line Items]
Commitments relating to supervision services agreements	$ 6,400
Acquisition of vessel owning companies from CMTC [Member]
Property, Plant and Equipment [Line Items]
Commitments relating to acquisitions of vessels under construction	486,000
Vessels under Construction [member]
Property, Plant and Equipment [Line Items]
Commitments relating to acquisitions of vessels under construction	$ 1,490,121

Partners’ Capital - Partnership units (Table) (Details) - shares	Jun. 30, 2024	Dec. 31, 2023
Equity [Abstract]
Common units	54,887,313	55,039,143
General partner units	348,570	348,570
Treasury Units	2,122,352	870,522
Total partnership units	57,358,235	56,258,235

Financial Instruments

6 Months Ended

Jun. 30, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Financial Instruments

9. Financial Instruments

(a) Fair value of financial instruments

Cash and cash equivalents, restricted cash and other assets and liabilities.

The carrying value of cash and cash equivalents and restricted cash, are considered Level 1 items as they represent liquid assets with short-term maturities, trade receivables, amounts due to and due from related parties, trade accounts payable and accrued liabilities approximate their fair value.

9. Financial Instruments – Continued

(a) Fair value of financial instruments – Continued

Long-term debt

The fair value of variable rate long-term debt (Note 7) approximates the recorded value, due to its variable interest being based on the SOFR rates and due to the fact that the lenders have the ability to pass on their funding cost to the Partnership under certain circumstances, which reflects their current assessed risk. We believe the terms of our loans are similar to those that could be procured as of June 30, 2024. SOFR rates are observable at commonly quoted intervals for the full term of the loans and hence bank loans are considered Level 2 items in accordance with the fair value hierarchy.

The fair value of the fixed rate long-term debt (Note 7 ((i), (ii), (xvii), (xviii) and (xxi))) as of June 30, 2024, was approximately $237,769 (carrying value: $256,172) and was determined by using Level 2 inputs being the discounted expected cash flows of the outstanding amount.

The 2022 Bonds and the 2021 Bonds (Note 7 ((xxii) and (xxiii))) have a fixed rate, and their estimated fair values as of June 30, 2024, were determined through Level 1 inputs of the fair value hierarchy (quoted price under the ticker symbols CPLPB1 and CPLPB2 on Athens Stock Exchange) and were approximately $256,841 (carrying value: $267,408).

Derivative instruments

As of June 30, 2024:

Items Measured at Fair Value on a recurring Basis - Fair Value Measurements

Recurring Measurements:		June 30, 2024		Quoted prices in active markets for identical assets (Level 1)		Significant other Observable inputs (Level 2)		Unobservable Inputs (Level 3)
Cross Currency SWAP (100,000) - asset position	$	3,226	$	—	$	3,226	$	—
Cross Currency SWAP (120,000) – liability position		(9,742)		—		(9,742)		—
Cross Currency SWAP (30,000) – liability position		(2,481)		—		(2,481)		—
Total	$	(8,997)	$	—	$	(8,997)	$	—

The fair value (Level 2) of cross-currency swap derivative agreements is the present value of the estimated future cash flows that we would receive or pay to terminate the agreements at the balance sheet date, taking into account, as applicable, current interest rates, foreign exchange rates and the credit worthiness of both us and the derivative counterparty. This line item is presented in “Derivative asset” and “Derivative liabilities” in the unaudited condensed consolidated balance sheets.

There were no Level 3 items.

(b) Concentration of credit risk

Financial instruments which potentially subject the Partnership to significant concentrations of credit risk consist principally of cash and cash equivalents and trade accounts receivable, net. The Partnership places its cash and cash equivalents, consisting mostly of deposits, with a limited number of creditworthy financial institutions rated by qualified rating agencies. Most of the Partnership’s revenues were derived from a few charterers.

Derivative Instruments - Schedule of Derivative instruments (Assets/ Liabilities) at fair value (Table) (Details) € in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2024 EUR (€)	Dec. 31, 2023 USD ($)
Offsetting Assets [Line Items]
Total fair value of derivative asset	$ 3,226		$ 6,636
Total fair value of derivative liabilities	$ 12,223		$ 7,180
Cross currency swap agreement \| Derivative asset [Member]
Offsetting Assets [Line Items]
Effective date	26/07/2022
Termination date	26/07/2029
Notional Amount in EURO \| €		€ 100,000
Notional Amount in United States Dollars	$ 101,800
Fixed Rate the Partnership receives in EURO	4.40%	4.40%
Fixed Rate the Partnership pays in United States Dollars	6.55%	6.55%
Total fair value of derivative asset	$ 3,226
Cross currency swap agreement A \| Derivative liability [Member]
Offsetting Assets [Line Items]
Effective date	21/10/2021
Termination date	21/10/2025
Notional Amount in EURO \| €		€ 120,000
Notional Amount in United States Dollars	$ 139,716
Fixed Rate the Partnership receives in EURO	2.65%	2.65%
Fixed Rate the Partnership pays in United States Dollars	3.66%	3.66%
Total fair value of derivative liabilities	$ 9,742
Cross currency swap agreement B \| Derivative liability [Member]
Offsetting Assets [Line Items]
Effective date	21/10/2021
Termination date	21/10/2025
Notional Amount in EURO \| €		€ 30,000
Notional Amount in United States Dollars	$ 34,929
Fixed Rate the Partnership receives in EURO	2.65%	2.65%
Fixed Rate the Partnership pays in United States Dollars	3.69%	3.69%
Total fair value of derivative liabilities	$ 2,481

Basis of Presentation and General Information

6 Months Ended

Jun. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation and General Information

1. Basis of Presentation and General Information

Capital Product Partners L.P. (the “Partnership or CPP”) was formed on January 16, 2007, under the laws of the Marshall Islands. The Partnership is an international owner of ocean-going vessels, with a focus on the energy transition. As of June 30, 2024, our in-the-water fleet included 20 high specification vessels including 12 latest generation Liquified Natural Gas Carriers (“LNG/Cs”) and eight legacy Neo-Panamax container vessels five of which we have agreed to sell by the first quarter of 2025 (Note 14d). In addition, our under-construction fleet includes six additional latest generation LNG/Cs, six dual-fuel medium gas carriers and four handy liquified CO2 multi-gas carriers, to be delivered between the first quarter of 2026 and the third quarter of 2027.

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”) for interim financial information. Accordingly, they do not include all the information and notes required by U.S. GAAP for complete financial statements. These unaudited condensed consolidated financial statements and the accompanying notes should be read in conjunction with the Partnership’s consolidated financial statements for the year ended December 31, 2023, included in the Partnership’s Annual Report on Form 20-F for the fiscal year ended December 31, 2023, filed with the U.S. Securities and Exchange Commission (the“SEC”) on April 23, 2024.

These unaudited condensed consolidated financial statements have been prepared on the same basis as the annual financial statements and, in the opinion of management, reflect all adjustments, which include only normal recurring adjustments considered necessary for a fair presentation of the Partnership’s financial position, results of operations and cash flows for the periods presented. Operating results for the six-month period ended June 30, 2024, are not necessarily indicative of the results that might be expected for the fiscal year ending December 31, 2024.

Net Income Per Unit

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Net Income Per Unit

12. Net Income Per Unit

For the six-month periods ended June 30, 2024, and 2023 the Partnership excluded the effect of 247,934 and 495,867 non-vested unit awards in calculating dilutive EPU for its common unitholders, as they were anti-dilutive. The non-vested units were participating securities because they received distributions from the Partnership and these distributions did not have to be returned to the Partnership if the non-vested units were forfeited by the grantee.

The Partnership’s net income for the six-month periods ended June 30, 2024, and 2023 did not exceed the First Target Distribution Level and as a result, the assumed distribution of net income did not result in the use of increasing percentages to calculate CGP’s interest in net income.

The Two-Class Method was used to calculate EPU as follows:


	For the six-month periods ended June 30,
BASIC and DILUTED	2024		2023
Numerators
Partnership’s net income	$	68,080	$	17,440
Less:
General Partner’s interest in Partnership’s net income		428		297
Partnership’s net income allocable to unvested units		305		423
Common unit holders’ interest in Partnership’s net income	$	67,347	$	16,720
Denominators
Weighted average number of common units outstanding, basic and diluted		54,851,934		19,639,212
Net income per common unit:
Basic and diluted	$	1.23	$	0.85

Derivative Instruments

6 Months Ended

Jun. 30, 2024

Derivative Instruments

Derivative Instruments

8. Derivative Instruments

In connection with the issuance of the 2022 Bonds and the 2021 Bonds (Note 7), the Partnership entered into certain cross-currency swap agreements to manage the related foreign currency exchange risk by effectively converting the fixed-rate, Euro-denominated Bonds, including the semi-annual interest payments for the period from July 26, 2022 to July 26, 2029 and from October 21, 2021 to October 21, 2025, respectively to fixed-rate, U.S. Dollar-denominated debt. The economic effect of the swap agreements is to eliminate the uncertainty of the cash flows in U.S. Dollars associated with the issuance of the 2022 Bonds and the 2021 Bonds by fixing the principal amount of the 2022 Bonds and the 2021 Bonds, with a fixed annual interest rate. The cross-currency swap agreement related to the 2022 Bonds was designated as an accounting hedge.

Derivative instruments not designated as hedges are not speculative and are used to manage the Partnership’s exposure to identified risks but do not meet the strict hedge accounting requirements and/or the Partnership has not elected to apply hedge accounting. Changes in the fair value of derivatives not designated in hedging relationships are recorded directly in the consolidated statements of comprehensive income. Changes in the fair value of derivatives designated as accounting hedges are recorded in the consolidated statements of other comprehensive income (effective portion), until the hedged item is recognized in the consolidated statements of comprehensive income.

8. Derivative Instruments – Continued

The following table summarizes the terms of the cross-currency swap agreements and their respective fair value as of June 30, 2024.

Derivative Asset:

Effective Date	Termination Date	Notional Amount in thousands of EUROS	Notional Amount in United States Dollars	Fixed Rate the Partnership receives in EURO	Fixed Rate the Partnership pays in United States Dollars		Fair Value June 30, 2024, in United States Dollars
26/07/2022	26/07/2029	100,000	101,800	4.40%	6.55%		3,226
				Total Fair Value		$	3,226

b)	*Derivative Liabilities:*

Effective Date	Termination Date	Notional Amount in thousands of EUROS	Notional Amount in United States Dollars	Fixed Rate the Partnership receives in EURO	Fixed Rate the Partnership pays in United States Dollars		Fair Value June 30, 2024, in United States Dollars
21/10/2021	21/10/2025	120,000	139,716	2.65%	3.66%	$	9,742
21/10/2021	21/10/2025	30,000	34,929	2.65%	3.69%		2,481
				Total Fair Value		$	12,223

The fair value of the cross-currency swap agreements is presented net of accrued interest expense which is recorded in “Accrued and other liabilities” in the unaudited condensed consolidated balance sheets.

The following tables summarize the effect of the cross-currency swap agreements for the six-month periods ended June 30, 2024 and 2023:

- Derivative designated as accounting hedge

	For the six-month periods ended June 30,
Amount of gain/(loss) recognized in other comprehensive income		2024		2023
Cross-currency swap agreement related to 2022 Bonds	$	(4,492)	$	2,690
Reclassification to other income, net		4,671		(1,040)
Total gain recognized in accumulated other comprehensive loss	$	179	$	1,650

The estimated net expense that is expected to be reclassified within the next 12 months from Accumulated Other Comprehensive Loss to earnings in respect of the settlements on cross-currency swap agreements designated as accounting hedge, amounts to $1,887.

- Derivatives not designated as accounting hedges:

	For the six-month periods ended June 30,
Amount of gain/(loss) recognized in other income, net	2024		2023
Change in fair value of derivatives related to 2021 Bonds	$	(5,043)	$	3,213
Realized interest expense of derivatives related to 2021 Bonds		(1,076)		(1,038)
Total (loss) / gain recognized in other income, net	$	(6,119)	$	2,175

Above / Below market acquired time charters (Table) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Acquired Finite-Lived Intangible Assets [Line Items]
Beginning at carrying amount	$ 83,389
Beginning at carrying amount	(88,543)
(Amortization) / accretion	(10,812)
(Amortization) / accretion		$ 1,520
Ending at carrying amount	123,360
Ending at carrying amount	(83,198)
Above Market Acquired Charters [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Beginning at carrying amount	83,389
Additions	58,254
Disposals	0
(Amortization) / accretion	(18,283)
Ending at carrying amount	123,360
Below Market Acquired Charters [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Beginning at carrying amount	(88,543)
Additions	(5,036)
Disposals	2,910
(Amortization) / accretion	7,471
Ending at carrying amount	$ (83,198)

Long-term debt, net (Tables)

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Long-Term Debt - Bank Loans (Table)

			As of June 30, 2024		As of December 31, 2023	Rate of interest
	*Credit facilities*
(i)	Issued in January 2021 maturing in February 2026 (the “CMTC Seller’s Credit”)	$	6,000	$	6,000	Fixed rate
(ii)	Issued in December 2023 maturing in June 2027 (the “Umbrella Seller’s Credit”)		42,164		—	Fixed rate
(iii)	Assumed in December 2021 fully repaid in June 2024 (the “2021 credit facility”)		—		101,087	Margin + Secured Overnight Financing Rate (“SOFR”)
(iv)	Issued in October 2022 maturing in October 2028 (the “2022 credit facility”)		97,020		99,680	Margin + SOFR
(v)	Issued in June 2023 maturing in June 2031 (the “2023 credit facility”)		93,750		96,875	Margin + SOFR
(vi)	Issued in December 2023 maturing in December 2030 (the “2024 – LNG/C Axios II credit facility ”)		185,000		—	Margin + SOFR
(vii)	Issued in May 2024 maturing in June 2031 (the “2024 – LNG/C Aktoras credit facility”)		240,000		—	Margin + SOFR
(viii)	Issued in June 2024 maturing in June 2031 (the “2024 – LNG/C Aristidis I credit facility”)		155,000		—	Margin + SOFR
(ix)	Issued in June 2024 maturing in July 2032 (the “2024 – LNG/C Apostolos credit facility”)		192,000		—	Margin + SOFR
	*Sale and lease back agreements*
(x)	Issued in January 2020 fully repaid in April 2024 (the “2020 CMBFL”)		—		26,500	Margin + SOFR
(xi)	Issued in January 2020 fully repaid in April 2024 (the “2020 CMBFL”)		—		26,500	Margin + SOFR
(xii)	Issued in May 2020 fully repaid in March 2024 (the “ICBCFL”)		—		38,332	Margin + SOFR
(xiii)	Assumed in September 2021 maturing in November 2029 (the “2021 Bocomm”)		121,311		126,479	Margin + SOFR
(xiv)	Assumed in September 2021 maturing in June 2030 (the “2021 Bocomm”)		116,159		120,232	Margin + SOFR
(xv)	Assumed in November 2021 maturing in August 2028 (the “2021 CMBFL - LNG/C”)		126,719		130,873	Margin + SOFR
(xvi)	Assumed in November 2021 maturing in September 2028 (the “2021 CMBFL - LNG/C”)		125,707		129,829	Margin + SOFR
(xvii)	Assumed in November 2021 maturing in July 2036 (the “2021 Shin Doun”)		127,608		130,715	Fixed rate
(xviii)	Issued in December 2022 maturing in January 2031 (the “2022 Jolco”)		102,293		104,284	($69,893: Margin + SOFR, $32,400: Fixed rate)
(xix)	Issued in February 2023 maturing in February 2033 (the “2023 CMBFL - LNG/C”)		173,063		177,438	Margin + SOFR
(xx)	Assumed in December 2023 maturing in October 2033 (the “2023 CMBFL - LNG/C AMI”)		185,264		196,317	Margin + SOFR
(xxi)	Issued in December 2023 maturing in May 2032 (the “2023 – LNG/C Assos Jolco”)		240,000		—	($192,000: Margin + SOFR, $48,000: Fixed rate)
	*Unsecured Bonds*
(xxii)	Issued in October 2021 maturing in October 2026 (the “2021 Bonds”)		160,445		165,984	Fixed rate
(xxiii)	Issued in July 2022 maturing in July 2029 (the “2022 Bonds”)		106,963		110,656	Fixed rate
	Total long-term debt		2,596,466		1,787,781
	Less: Deferred loan and financing arrangements issuance costs		18,047		12,486
	Total long-term debt, net		2,578,419		1,775,295
	Less: Current portion of long-term debt		129,685		105,911
	Add: Current portion of deferred loan and financing arrangements issuance costs		3,516		2,795
	Long-term debt, net	$	2,452,250	$	1,672,179

Above / Below market acquired time charters - Amortization Schedule (Table) (Details) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Acquired Finite-Lived Intangible Assets [Line Items]
Total	$ 123,360	$ 83,389
Total	(83,198)	(88,543)
Above Market Acquired Charters [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
2024	39,264
2025	34,842
2026	12,170
2027	7,413
2028	7,392
Thereafter	22,279
Total	123,360	83,389
Below Market Acquired Charters [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
2024	(14,302)
2025	(13,512)
2026	(13,512)
2027	(13,549)
2028	(13,512)
Thereafter	(14,811)
Total	$ (83,198)	$ (88,543)

Fixed Assets and Assets Held for Sale - Disposals (Table) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Property, Plant and Equipment [Line Items]
MOA Price	$ 259,400
M/V Akadimos [member]
Property, Plant and Equipment [Line Items]
MOA date	January 31, 2024
MOA Price	$ 80,000
Delivery Date	March 8, 2024
M/V Seattle Express [member]
Property, Plant and Equipment [Line Items]
MOA date	February 14, 2024
MOA Price	$ 13,200
Delivery Date	April 26, 2024
M/V Fos Express [member]
Property, Plant and Equipment [Line Items]
MOA date	February 14, 2024
MOA Price	$ 13,200
Delivery Date	May 3, 2024
M/V Athenian [member]
Property, Plant and Equipment [Line Items]
MOA date	March 1, 2024
MOA Price	$ 51,000
Delivery Date	April 22, 2024
M/V Athos [member]
Property, Plant and Equipment [Line Items]
MOA date	March 1, 2024
MOA Price	$ 51,000
Delivery Date	April 22, 2024
M/V Aristomenis [member]
Property, Plant and Equipment [Line Items]
MOA date	March 1, 2024
MOA Price	$ 51,000
Delivery Date	May 3, 2024

Unaudited Condensed Consolidated Statements of Changes in Partners' Capital - USD ($) $ in Thousands	General Partner [Member]	Common Unitholders [Member]	Treasury Units [Member]	Accumulated Other Comprehensive Loss [Member]	Total
Beginning balance, value at Dec. 31, 2022	$ 12,414	$ 634,605	$ (3,827)	$ (4,766)	$ 638,426
Dividends declared / paid (distributions of $0.30 per common unit) (Note 10)	(104)	(6,047)	0	0	(6,151)
Partnership’s net income	297	17,143	0	0	17,440
Equity compensation expense (Note 11)	0	1,864	0	0	1,864
Repurchase of common units	0	0	(3,846)	0	(3,846)
Other comprehensive income (Note 8)	0	0	0	1,650	1,650
Ending balance, value at Jun. 30, 2023	12,607	647,565	(7,673)	(3,116)	649,383
Beginning balance, value at Dec. 31, 2023	12,885	1,171,573	(7,939)	(1,586)	1,174,933
Dividends declared / paid (distributions of $0.30 per common unit) (Note 10)	(104)	(16,643)	0	0	(16,747)
Partnership’s net income	428	67,652	0	0	68,080
Equity compensation expense (Note 11)	0	3,517	0	0	3,517
Other comprehensive income (Note 8)	0	0	0	179	179
Ending balance, value at Jun. 30, 2024	$ 13,209	$ 1,226,099	$ (7,939)	$ (1,407)	$ 1,229,962

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-6

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-9

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
-SubTopic 60
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147476176/805-60-65-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 740
-SubTopic 323
-Name Accounting Standards Codification
-Section 65
-Paragraph 2
-Subparagraph (g)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478666/740-323-65-2

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(20))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 323
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481687/323-10-50-3

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 825
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 28
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-28

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482765/220-10-50-6

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-3

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-1

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 40
-Name Accounting Standards Codification
-Section 65
-Paragraph 1
-Subparagraph (f)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480175/815-40-65-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-8

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-11

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 11
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-11

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 250
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483443/250-10-50-4

Reference 17: http://www.xbrl.org/2003/role/exampleRef
-Topic 946
-SubTopic 830
-Name Accounting Standards Codification
-Section 55
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479168/946-830-55-10

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section 45
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479105/946-220-45-7

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(18))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477250/944-220-S99-1

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(9))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.6-09(1)(d))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-3

Reference 22: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 23: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(ii))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 24: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 25: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 26: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1A
-Subparagraph (SX 210.13-01(a)(5))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1A

Reference 27: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(i))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 28: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(A))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 29: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iii)(B))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 30: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(4)(iv))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 31: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1B
-Subparagraph (SX 210.13-02(a)(5))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480097/470-10-S99-1B

Reference 32: http://www.xbrl.org/2003/role/disclosureRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 60B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482689/260-10-45-60B

Reference 33: http://www.xbrl.org/2003/role/disclosureRef
-Topic 205
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 7
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483499/205-20-50-7

Reference 34: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 230
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 28
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482740/230-10-45-28

Reference 35: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1A
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-1A

Reference 36: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1B
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-1B

Reference 37: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(22))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1

+ Details

Transactions with related parties (Details Narrative) $ in Thousands	2 Months Ended		4 Months Ended	6 Months Ended
	Mar. 11, 2024 USD ($)	Feb. 28, 2024 USD ($)	Apr. 24, 2024 USD ($)	Jun. 30, 2024 USD ($)	Jun. 17, 2024 USD ($)	Jun. 30, 2023 USD ($)	Dec. 31, 2023
Related Party Transaction [Line Items]
Advances for vessels under construction				$ 74,654
Total consideration				1,135,573		$ 455,791
Repayments of Debt				333,847		64,487
Vessel operating expenses				5,959		5,212
General and administrative expenses				7,723		5,115
Floating fee management agreements [Member]
Related Party Transaction [Line Items]
Vessel operating expenses				5,946		5,212
Fixed fee management agreements [Member]
Related Party Transaction [Line Items]
Vessel operating expenses				13		0
Umbrella seller's credit [Member]
Related Party Transaction [Line Items]
Amount used from Umbrella seller's credit				134,764
Repayments of Debt	$ 39,973	$ 12,789	$ 39,838
Administrative And Service Agreements [Member]
Related Party Transaction [Line Items]
General and administrative expenses				1,175		$ 1,175
Gas Vessels [member] \| 10 SPAs With CMTC [Member]
Related Party Transaction [Line Items]
Percentage of equity interests acquired					100.00%
Number of vessels					10
Vessels cost					$ 755,976
Expected delivery date of the Gas carriers under construction					between the first quarter of 2026 and the third quarter of 2027
Advances for vessels under construction					$ 74,654
Total remaining contracted cost					681,322
Gas Vessels [member] \| Capital-Gas \| First of Three Instalments [Member]
Related Party Transaction [Line Items]
Supervision cost					$ 1,200
LNG/C Axios II, LNG/C Apostolos, LNG/C Aktoras LNG/C Assos [member] \| Umbrella Agreement [Member]
Related Party Transaction [Line Items]
Total consideration				$ 1,204,000
LNG/C Axios II, LNG/C Assos, LNG/C Apostolos \| Umbrella Agreement [Member]
Related Party Transaction [Line Items]
Related Party Transaction, Description of Transaction				Upon delivery, the LNG/C Axios II, the LNG/C Assos and the LNG/C Apostolos, entered into a floating fee management agreement and the LNG/C Aktoras entered into a fixed fee management agreement with Capital-Gas
CMTC [member]
Related Party Transaction [Line Items]
Percentage of equity interests acquired				54.30%			54.20%
Capital Gas Corp. [Member]
Related Party Transaction [Line Items]
Percentage of equity interests acquired				2.10%			2.10%

Omnibus Incentive Compensation Plan (Details Narrative) - USD ($) $ / shares in Units, $ in Thousands	2 Months Ended	6 Months Ended
	Mar. 08, 2024	Jun. 30, 2024	Jun. 30, 2023	Jan. 31, 2024
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Units granted		96,104
Value of unvested units accrued distribution		$ 609
Share-Based Payment Arrangement, Noncash Expense		3,517	$ 1,864
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount		$ 1,895
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition		6 months
Omnibus Incentive Compensation Plan [Member] \| Maximum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of restricted common units authorized				1,100,000
Amended and Restated Compensation Plan (the "Plan") [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Units granted	96,104
Grant-date fair value	$ 17.45

Derivative Instruments - Summary of Gain (Loss) on Change in Fair Value of Derivatives - Derivatives not Designated as Accounting Hedge (Table) (Details) - Not Designated as Hedging Instrument [Member] - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Derivative Instruments, Gain (Loss) [Line Items]
Change in fair value of derivatives related to 2021 Bonds	$ (5,043)	$ 3,213
Realized interest expense of derivatives related to 2021 Bonds	(1,076)	(1,038)
Total gain/ (loss) recognized in other income / (expense), net	$ (6,119)	$ 2,175

Financial Instruments - Fair value measurements on a recurring basis (Table) (Details) $ in Thousands	Jun. 30, 2024 USD ($)
Total	$ (8,997)
Fair Value, Inputs, Level 2 [Member]
Total	(8,997)
Currency Swap (100,000) [Member]
Cross Currency SWAP - asset position	3,226
Currency Swap (100,000) [Member] \| Fair Value, Inputs, Level 2 [Member]
Cross Currency SWAP - asset position	3,226
Currency Swap (120,000) [Member]
Cross Currency SWAP - liability position	(9,742)
Currency Swap (120,000) [Member] \| Fair Value, Inputs, Level 2 [Member]
Cross Currency SWAP - liability position	(9,742)
Currency Swap (30,000) [Member]
Cross Currency SWAP - liability position	(2,481)
Currency Swap (30,000) [Member] \| Fair Value, Inputs, Level 2 [Member]
Cross Currency SWAP - liability position	$ (2,481)

Subsequent events (Details Narrative) $ / shares in Units, $ in Thousands	1 Months Ended		4 Months Ended		7 Months Ended		8 Months Ended
	Jan. 25, 2024 $ / shares	Jan. 26, 2023 $ / shares	Apr. 25, 2024 $ / shares	Apr. 25, 2023 $ / shares	Aug. 02, 2024	Jul. 24, 2024 $ / shares	Sep. 12, 2024 USD ($)	Aug. 23, 2024 USD ($)
Subsequent Event [Member] \| M/V Hyundai Premium, M/V Hyundai Paramount, M/V Hyundai Privilege, M/V Hyundai Prestige and M/V Hyundai Platinum [Member]
Subsequent Event [Line Items]
Number of memoranda agreement							5
Deadweight "DWT"							63,010
TEU							5,023
Year Built							2013
Property, Plant and Equipment, Disposals							$ 175,711
Other Asset Impairment Charges							$ 0
Expected delivery date of vessel							between November 2024 and January 2025
Subsequent Event [Member] \| LNG/C Attalos and LNGC Asklipios \| Bocomm [Member]
Subsequent Event [Line Items]
Amount of the two separate sale and leaseback agreements								$ 162,500
Description of scope								refinancing the then outstanding balance of both vessels of $250,365 under the sale and lease back arrangements that the companies owning the vessels had entered into with CMB Financial Leasing Co., Ltd (“CMBFL”) in 2021
New sale and lease back agreements starting date								August 29, 2024
Debt Instrument, Term								7 years
Subsequent Event [Member] \| Partnership's Conversion [Member]
Subsequent Event [Line Items]
Subsequent Event, Description					On August 2, 2024, the Partnership announced its conversion from a Marshall Islands limited partnership to a Marshall Islands corporation and its name change from Capital Product Partners L.P. to Capital Clean Energy Carriers Corp. (the “CCEC” or “Company”). The conversion and the name change were approved by the majority of the Partnership’s unitholders, the conflicts committee of the Partnership’s board of directors, the Partnership’s full board of directors and the Partnership’s CGP and completed on August 26, 2024. As a result of the Conversion the Company’s common shares are trading on the Nasdaq Global Select Market under the name “Capital Clean Energy Carriers Corp.” with the ticker symbol CCEC and the following changes to the capital structure and corporate governance, among others, occurred.
Subsequent Event [Member] \| Partnership's Conversion A [Member]
Subsequent Event [Line Items]
Subsequent Event, Description					CPP, a Marshall Islands limited partnership, was converted to CCEC, a Marshall Islands corporation.
Subsequent Event [Member] \| Partnership's Conversion B [Member]
Subsequent Event [Line Items]
Subsequent Event, Description					Each common unit of CPP issued and outstanding immediately prior to the conversion was converted into one common share of CCEC with a par value of $0.01 per share (the “Common Shares”).
Subsequent Event [Member] \| Partnership's Conversion C [Member]
Subsequent Event [Line Items]
Subsequent Event, Description					The CGP units and its incentive distribution rights issued and outstanding immediately prior to the conversion was converted into an aggregate 3,500,000 Common Shares. Following the conversion, CMTC and its affiliates hold in aggregate approximately 59.0% of the outstanding Common Shares.
Subsequent Event [Member] \| Partnership's Conversion D [Member]
Subsequent Event [Line Items]
Subsequent Event, Description					CGP gave up its existing management and consent rights with respect to CPP, including its right to appoint three directors to CPP’s board of directors and its veto rights over, among other things, approval of mergers, consolidations and other significant corporate transactions and amendments to CPP’s governing documents.
Subsequent Event [Member] \| Partnership's Conversion E [Member]
Subsequent Event [Line Items]
Subsequent Event, Description					Following the conversion, the board of directors consist of eight directors, a majority of which are “independent” in accordance with Nasdaq rules.
Subsequent Event [Member] \| Partnership's Conversion F [Member]
Subsequent Event [Line Items]
Subsequent Event, Description					Until CMTC and its affiliates cease to own at least 25% of the outstanding Common Shares, CMTC and its affiliates will have the right to nominate three out of the eight directors to the board. If the holdings of CMTC and its affiliates fall below 25% but remain above 15% of the outstanding Common Shares, CMTC and its affiliates thereafter will have the right to nominate two out of eight directors to the board. If the holdings of CMTC and its affiliates fall below 15% but remain above 5% of the outstanding Common Shares, CMTC and its affiliates thereafter will have the right to nominate one out of eight directors to the board. If the holdings of CMTC and its affiliates fall below 5%, CMTC thereafter will no longer have any rights to nominate directors to the board. The remaining members of the board of directors will be nominated by CCEC’s nominating committee and all directors will be elected by majority vote of the holders of Common Shares (including CMTC and its affiliates), other than in a contested election, in which the election of directors will be by a plurality vote.
Limited Partner [Member]
Subsequent Event [Line Items]
Distribution Made to Limited Partner, Distributions Declared, Per Unit \| $ / shares	$ 0.15	$ 0.15	$ 0.15	$ 0.15
Limited Partner [Member] \| Subsequent Event [Member]
Subsequent Event [Line Items]
Dividends Payable, Date Declared						Jul. 24, 2024
Distribution Made to Limited Partner, Distributions Declared, Per Unit \| $ / shares						$ 0.15
Dividends Payable, Date of Payment						Aug. 12, 2024
Dividends Payable, Date of Record						Aug. 06, 2024

Transactions with related parties

6 Months Ended

Jun. 30, 2024

Transactions with related parties

4. Transactions with related parties

Capital Maritime & Trading Corp. (“CMTC”) is an international shipping company with a long history of operating and investing in the shipping market. As of June 30, 2024, and December 31, 2023, CMTC may be deemed to beneficially own 54.3% and 54.2% of our common units respectively.

Capital Gas Corp. is a privately held company controlled by Mr. Miltiadis Marinakis the son of Mr. Evangelos M. Marinakis who also controls Capital GP L.L.C. (“CGP”), our General Partner prior to our conversion from a Marshall Islands limited partnership to a Marshall Islands corporation on August 26, 2024 (Note 14). As of June 30, 2024, and December 31, 2023, Capital Gas Corp. may be deemed to have beneficially owned 2.1% of our common units.

On June 3, 2024, the Partnership announced an investment in 10 new gas carriers under construction (the “Gas Vessels”) for a total amount of $755,976 with expected deliveries between the first quarter of 2026 and the third quarter of 2027. On June 17, 2024, and upon entry into 10 separate Share Purchase Agreements (“SPAs”) with CMTC, the Partnership paid CMTC $74,654 to acquire 100% of the equity interests in each of the vessel-owning companies of the Gas Vessels (Note 5). The Partnership expects to pay an additional amount of $681,322 to the shipyards in pre-delivery and delivery installments for the Gas Vessels (Note 13).

Upon entering the above SPAs each of the 10 vessel-owning companies of the Gas Vessels entered into a separate supervision services agreement with Capital Gas Ship Management Corp. (“Capital-Gas”). On June 17, 2024, the Partnership paid Capital Gas the amount of $1,200 representing the first of the three installments of the total supervision cost.

4. Transactions with related parties – Continued

An analysis of the Gas Vessels is as follows:

Vessel Type	Hull No.	Cubic Meters (“CBM”)	Shipyard	Estimated Delivery	Amount paid to CMTC for the acquisition of the vessel-owning companies of the Gas Vessels
MGC¹	8424	45,000	Hyundai Mipo Dockyard Co. Ltd, South Korea ("Hyundai Mipo")	Jun-26	—
MGC	8425	45,000	Hyundai Mipo	Sep-26	—
MGC	8426	45,000	Hyundai Mipo	Feb-27	—
MGC	8427	45,000	Hyundai Mipo	May-27	—
MGC	S1111	40,000	Nantong CIMC Sinopacific Offshore & Engineering Co. Ltd, China ("CIMC SOE")	Mar-27	9,798
MGC	S1112	40,000	CIMC SOE	Jul-27	9,798
LCO2²– HMGC³	8398	22,000	Hyundai Mipo	Jan-26	19,885
LCO2 – HMGC	8399	22,000	Hyundai Mipo	Apr-26	19,885
LCO2 – HMGC	8404	22,000	Hyundai Mipo	Sep-26	7,644
LCO2 – HMGC	8405	22,000	Hyundai Mipo	Nov-26	7,644
Total					$ 74,654

Medium Gas Carrier – 2. Liquefied CO₂ Multi Gas Carrier – 3. Handy Multi Gas Carrier

During the six-month period ended June 30, 2024, pursuant to the umbrella agreement (the “Umbrella Agreement”) the Partnership entered into with Capital Maritime & Trading Corp. (“CMTC”) and CGP in November 2023, CPP acquired from CMTC the shares of the vessel-owning companies of the LNG/C Axios II, the LNG/C Assos, the LNG/C Aktoras and the LNG/C Apostolos for a total consideration of $1,204,000. For the above acquisitions the Partnership drew down the amount of $134,764 from the Umbrella Seller’s Credit (Notes 5, 7). Upon delivery, the LNG/C Axios II, the LNG/C Assos and the LNG/C Apostolos, entered into a floating fee management agreement and the LNG/C Aktoras entered into a fixed fee management agreement with Capital-Gas

On February 28, March 11 and April 24, 2024, after the deliveries of the M/V Long Beach Express, the M/V Akadimos and the M/V Athenian to their new owners, the Partnership repaid the amounts of $12,789, $39,973 and $39,838, respectively in connection with the Umbrella Seller’s Credit (Note 7) entered into on December 21, 2023.

Further to the transactions described above with CMTC the Partnership and its subsidiaries have related party transactions with Capital Ship Management Corp. (“CSM”), Capital-Executive Ship Management Corp. (“Capital-Executive”), Capital-Gas, (collectively “Managers”), and the Partnership’s general partner, CGP arising from certain terms of the following management and administrative services agreements.

Floating fee management agreements: Under the terms of these agreements the Partnership compensates its Managers for expenses and liabilities incurred on the Partnership’s behalf while providing the agreed services, including, but not limited to, crew, repairs and maintenance, insurance, stores, spares, lubricants and other operating costs. Costs and expenses associated with a managed vessel’s next scheduled dry docking are borne by the Partnership and not by the Managers. The Partnership also pays its Managers a daily technical management fee per managed vessel that is revised annually based on the United States Consumer Price Index. For the six-month period ended June 30, 2024, and 2023, management fees under the management agreements amounted to $5,946 and $5,212, respectively, and are included in “Vessel operating expenses – related parties” in the unaudited condensed consolidated statements of comprehensive income.

Fixed fee management agreements: Under the terms of these agreements the Partnership pays a fixed daily fee per bareboat chartered vessel in its fleet, mainly to cover commercial and administrative costs. For the six-month period ended June 30, 2024, and 2023, management fees under the management agreements amounted to $13 and $0, respectively, and are included in “Vessel operating expenses – related parties” in the unaudited condensed consolidated statements of comprehensive income.

4. Transactions with related parties - Continued

Administrative and service agreements: On April 4, 2007, the Partnership entered into an administrative services agreement with CSM, pursuant to which CSM has agreed to provide certain administrative management services to the Partnership such as accounting, auditing, legal, insurance, IT and clerical services. In addition, the Partnership reimburses CSM and CGP for reasonable costs and expenses incurred in connection with the provision of these services, after CSM submits to the Partnership an invoice for such costs and expenses together with any supporting detail that may be reasonably required. These expenses are included in “General and administrative expenses” in the unaudited condensed consolidated statements of comprehensive income. In 2015, the Partnership entered into an executive services agreement with CGP, which was amended in 2016, 2019 and 2023, according to which CGP provides certain executive officers services for the management of the Partnership’s business as well as investor relation and corporate support services to the Partnership. For the six-month periods ended June 30, 2024, and 2023 the fees under the executive services agreement with CGP amounted to $1,175 and are included in “General and administrative expenses” in the unaudited condensed consolidated statements of comprehensive income.

Balances and transactions with related parties consisted of the following:

Consolidated Balance Sheets	As of June 30, 2024		As of December 31, 2023
Assets:
CMTC-amounts relating to vessels acquisitions (a)	$	—	$	402
Capital-Gas – advances from the Partnership (b)		1,226		—
Due from related party	$	1,226	$	402
Liabilities:
CSM – payments on behalf of the Partnership (c)	$	—	$	114
Capital-Executive – payments on behalf of the Partnership (c)		3,137		3,823
CMTC-amounts relating to vessels acquisitions (a)	$	2,213	$	—
Capital-Gas – payments on behalf of the Partnership (c)		—		4,042
Due to related parties	$	5,350	$	7,979

	For the six-month periods ended June 30,
Consolidated Statements of Comprehensive Income		2024		2023
Vessel operating expenses	$	5,959	$	5,212
General and administrative expenses (d)		1,276		1,296

*(a)*	*Amounts relating to vessels acquisitions:* This line item mainly includes bunkers and lubricants onboard payable to CMTC and collected hire income payable from CMTC in connection with the acquisition of the vessels under the Umbrella Agreement.
*(b)*	*Managers - Advances from the Partnership:* This line item represents the amounts advanced by the Partnership for operating and voyage expenses to be paid by the Managers on behalf of the Partnership and its subsidiaries.
*(c)*	*Managers - Payments on Behalf of the Partnership:* This line item represents the amount outstanding for payments for operating and voyage expenses made by the Managers on behalf of the Partnership and its subsidiaries.
*(d)*	*General and administrative expenses:* This line item mainly includes fees relating to internal audit, investor relations and consultancy fees.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-5

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480990/946-20-50-6

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477968/946-235-50-2

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 235
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477968/946-235-50-2

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(g)(3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(c))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-07(2)(e))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/850/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-6

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 850
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483326/850-10-50-1

+ Details

Above / below market acquired charters (Tables)

6 Months Ended

Jun. 30, 2024

Above Below Market Acquired Charters

Above / Below market acquired time charters (Table)

		Above market acquired charters		Below market acquired charters
Carrying amount as at January 1, 2024	$	83,389	$	(88,543)
Additions		58,254		(5,036)
Disposals		—		2,910
(Amortization) / accretion		(18,283)		7,471
Carrying amount as at June 30, 2024	$	123,360	$	(83,198)

Above / Below market acquired time charters - Amortization Schedule (Table)

For the twelve-month periods ended June 30,		Above market acquired charters		Below market acquired charters
2025	$	39,264	$	(14,302)
2026		34,842		(13,512)
2027		12,170		(13,512)
2028		7,413		(13,549)
2029		7,392		(13,512)
Thereafter		22,279		(14,811)
Total	$	123,360	$	(83,198)

Fixed Assets and Assets Held for Sale - Assets held for sale (Table) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2024 USD ($)
Balance as at beginning of period	$ 14,394
Balance as at end of period	0
Held For Sale [Member]
Balance as at beginning of period	14,394
Disposal of vessel	(14,394)
Balance as at end of period	$ 0

Cover	6 Months Ended
Cover	Jun. 30, 2024
Cover [Abstract]
Document Type	6-K
Amendment Flag	false
Document Period End Date	Jun. 30, 2024
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--12-31
Entity File Number	001-33373
Entity Registrant Name	CAPITAL CLEAN ENERGY CARRIERS CORP.
Entity Central Index Key	0001392326
Entity Address, Address Line One	3 Iassonos Street
Entity Address, City or Town	Piraeus
Entity Address, Country	GR
Entity Address, Postal Zip Code	18537

Fixed Assets and Assets Held for Sale (Details Narrative) $ in Thousands	6 Months Ended		11 Months Ended	12 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Dec. 15, 2023 USD ($)	Dec. 31, 2023 USD ($)
Property, Plant and Equipment [Line Items]
Total consideration	$ 1,135,573	$ 455,791
Advances paid	74,654
Advances for vessels under construction	54,000			$ 174,400
Sale price agreed in Memorandum of Agreement	259,400
Impairment charge	$ 0	7,956
Umbrella Agreement [Member]
Property, Plant and Equipment [Line Items]
Advances for vessels under construction				$ 174,400
Percentage of aggregate acquisition price				10.00%
Vessels under credit facilities provided as collateral [Member]
Property, Plant and Equipment [Line Items]
Number of vessels	5
Vessels Net	$ 1,012,393
Vessels Under Sale and Lease Back Agreements Ownership Held By the Relevant Lender [Member]
Property, Plant and Equipment [Line Items]
Vessels Net	$ 2,172,997
Number of vessels under of sales and lease back aggreements	10
Unencumbered vessels [Member]
Property, Plant and Equipment [Line Items]
Vessels Net	$ 174,381
Number of unencumbered vessels	5
LNG/C Axios II, LNG/C Apostolos, LNG/C Aktoras LNG/C Assos [member] \| Umbrella Agreement [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Additions	$ 1,150,782
Addition on the vessels acquisition cost	53,218
Total consideration	1,204,000
Vessels' Improvements [Member]
Property, Plant and Equipment [Line Items]
Vessel improvement costs capitalized	247	$ 16,665
M/V Akadimos [Member]
Property, Plant and Equipment [Line Items]
Impairment charge	0
M/V Seattle Express [Member]
Property, Plant and Equipment [Line Items]
Impairment charge	0
M/V Fos Express [Member]
Property, Plant and Equipment [Line Items]
Impairment charge	0
M/V Athenian [Member]
Property, Plant and Equipment [Line Items]
Impairment charge	0
M/V Athos [Member]
Property, Plant and Equipment [Line Items]
Impairment charge	0
M/V Aristomenis [Member]
Property, Plant and Equipment [Line Items]
Impairment charge	0
Gas Vessels [Member]
Property, Plant and Equipment [Line Items]
Advances paid	74,654
New Building Vessels [Member]
Property, Plant and Equipment [Line Items]
Total consideration	101,100
Gas vessels and new building vessels [member]
Property, Plant and Equipment [Line Items]
Initial expenses	$ 8,655
M/V Long Beach Express [Member]
Property, Plant and Equipment [Line Items]
Sale price agreed in Memorandum of Agreement			$ 13,050
Impairment charge			$ 340
Disposal date			February 26, 2024

Transactions with Related Parties - Consolidated Statements of Comprehensive Income (Table) (Details) - USD ($)
$ in Thousands

6 Months Ended

Jun. 30, 2024

Jun. 30, 2023

Vessel operating expenses

$ 5,959

$ 5,212

General and administrative expenses (d)

^[1]

$ 1,276

$ 1,296

[1]	*General and administrative expenses:* This line item mainly includes fees relating to internal audit, investor relations and consultancy fees.

Basis of Presentation and General Information (Details Narrative)	6 Months Ended
	Jun. 30, 2024
Property, Plant and Equipment [Line Items]
Formation Date	Jan. 16, 2007
In-the-water Fleet [Member]
Property, Plant and Equipment [Line Items]
Number of vessels	20
Liquefied Natural Gas Carriers [Member]
Property, Plant and Equipment [Line Items]
Number of vessels	12
Neo Panamax Container Vessels [Member]
Property, Plant and Equipment [Line Items]
Number of vessels	8
Neo Panamax Container Vessels Agreed to Be Sold [Member]
Property, Plant and Equipment [Line Items]
Number of vessels	5
Expected delivery of the five vessels agreed to be sold	first quarter of 2025
LNG/Cs Under Construction [Member]
Property, Plant and Equipment [Line Items]
Number of vessels	6
Dual-Fuel Medium Gas Carriers Under Construction [Member]
Property, Plant and Equipment [Line Items]
Number of vessels	6
Handy Liquified CO2 Multi-Gas Carriers Under Construction [Member]
Property, Plant and Equipment [Line Items]
Number of vessels	4
Fleet Under Construction [Member]
Property, Plant and Equipment [Line Items]
Expected delivery of the under-construction vessels	between the first quarter of 2026 and the third quarter of 2027

Partners’ capital - Distributions to Unitholders (Table) (Details) - Limited Partner [Member] - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended		4 Months Ended
	Jan. 25, 2024	Jan. 26, 2023	Apr. 25, 2024	Apr. 25, 2023
Distributions per common unit declared	$ 0.15	$ 0.15	$ 0.15	$ 0.15
Common units distribution	$ 8,257	$ 3,008	$ 8,386	$ 3,009
General partner and incentive distribution rights ("IDR")	$ 52	$ 52	$ 52	$ 52

Long-term debt, net

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Long-term debt, net

7. Long-term debt, net

Long-term debt consists of the following credit facilities, sale and lease back agreements, seller’s credits and unsecured bonds collectively the “financing arrangements”. As of June 30, 2024 and December 31, 2023, the following amounts were outstanding under our financing arrangements:

Long-Term Debt - Bank Loans (Table)

			As of June 30, 2024		As of December 31, 2023	Rate of interest
	*Credit facilities*
(i)	Issued in January 2021 maturing in February 2026 (the “CMTC Seller’s Credit”)	$	6,000	$	6,000	Fixed rate
(ii)	Issued in December 2023 maturing in June 2027 (the “Umbrella Seller’s Credit”)		42,164		—	Fixed rate
(iii)	Assumed in December 2021 fully repaid in June 2024 (the “2021 credit facility”)		—		101,087	Margin + Secured Overnight Financing Rate (“SOFR”)
(iv)	Issued in October 2022 maturing in October 2028 (the “2022 credit facility”)		97,020		99,680	Margin + SOFR
(v)	Issued in June 2023 maturing in June 2031 (the “2023 credit facility”)		93,750		96,875	Margin + SOFR
(vi)	Issued in December 2023 maturing in December 2030 (the “2024 – LNG/C Axios II credit facility ”)		185,000		—	Margin + SOFR
(vii)	Issued in May 2024 maturing in June 2031 (the “2024 – LNG/C Aktoras credit facility”)		240,000		—	Margin + SOFR
(viii)	Issued in June 2024 maturing in June 2031 (the “2024 – LNG/C Aristidis I credit facility”)		155,000		—	Margin + SOFR
(ix)	Issued in June 2024 maturing in July 2032 (the “2024 – LNG/C Apostolos credit facility”)		192,000		—	Margin + SOFR
	*Sale and lease back agreements*
(x)	Issued in January 2020 fully repaid in April 2024 (the “2020 CMBFL”)		—		26,500	Margin + SOFR
(xi)	Issued in January 2020 fully repaid in April 2024 (the “2020 CMBFL”)		—		26,500	Margin + SOFR
(xii)	Issued in May 2020 fully repaid in March 2024 (the “ICBCFL”)		—		38,332	Margin + SOFR
(xiii)	Assumed in September 2021 maturing in November 2029 (the “2021 Bocomm”)		121,311		126,479	Margin + SOFR
(xiv)	Assumed in September 2021 maturing in June 2030 (the “2021 Bocomm”)		116,159		120,232	Margin + SOFR
(xv)	Assumed in November 2021 maturing in August 2028 (the “2021 CMBFL - LNG/C”)		126,719		130,873	Margin + SOFR
(xvi)	Assumed in November 2021 maturing in September 2028 (the “2021 CMBFL - LNG/C”)		125,707		129,829	Margin + SOFR
(xvii)	Assumed in November 2021 maturing in July 2036 (the “2021 Shin Doun”)		127,608		130,715	Fixed rate
(xviii)	Issued in December 2022 maturing in January 2031 (the “2022 Jolco”)		102,293		104,284	($69,893: Margin + SOFR, $32,400: Fixed rate)
(xix)	Issued in February 2023 maturing in February 2033 (the “2023 CMBFL - LNG/C”)		173,063		177,438	Margin + SOFR
(xx)	Assumed in December 2023 maturing in October 2033 (the “2023 CMBFL - LNG/C AMI”)		185,264		196,317	Margin + SOFR
(xxi)	Issued in December 2023 maturing in May 2032 (the “2023 – LNG/C Assos Jolco”)		240,000		—	($192,000: Margin + SOFR, $48,000: Fixed rate)
	*Unsecured Bonds*
(xxii)	Issued in October 2021 maturing in October 2026 (the “2021 Bonds”)		160,445		165,984	Fixed rate
(xxiii)	Issued in July 2022 maturing in July 2029 (the “2022 Bonds”)		106,963		110,656	Fixed rate
	Total long-term debt		2,596,466		1,787,781
	Less: Deferred loan and financing arrangements issuance costs		18,047		12,486
	Total long-term debt, net		2,578,419		1,775,295
	Less: Current portion of long-term debt		129,685		105,911
	Add: Current portion of deferred loan and financing arrangements issuance costs		3,516		2,795
	Long-term debt, net	$	2,452,250	$	1,672,179

7. Long-term debt, net – Continued

Details of the Partnership’s financing arrangements are discussed in Note 7 of the Partnership’s Consolidated Financial Statements for the year ended December 31, 2023.

“2024 – LNG/C Aristidis I credit facility”

On June 25, 2024, the vessel-owning company of the LNG/C Aristidis I entered into a new credit facility, the “2024 – LNG/C Aristidis I credit facility”, of up to $155,000, mainly for the full repayment of the 2021 credit facility. The Partnership is acting as a parent guarantor. The Partnership drew down the full amount of the facility on June 26, 2024. The facility has a duration of seven years.

“2021 credit facility”

On June 28, 2024, the Partnership fully repaid $99,403 of the then outstanding 2021 credit facility through the 2024 – LNG/C Aristidis I credit facility.

“2024 – LNG/C Apostolos Jolco”

On June 25, 2024, the vessel-owning company of the LNG/C Apostolos entered into a new sale and lease back agreement, the “2024 – LNG/C Apostolos Jolco”, of up to $240,000, for the purpose of full repayment of the 2024 – LNG/C Apostolos credit facility. On July 16, 2024, the Partnership drew down the full amount of 2024-LNG/C Apostolos Jolco. The sale and lease back agreement has a duration of eight years.

“2024 – LNG/C Apostolos credit facility”

On June 20, 2024, the vessel-owning company of the LNG/C Apostolos entered into a new credit facility, the “2024 – LNG/C Apostolos credit facility”, of up to $192,000, for the purpose of partially financing the construction of the vessel (Note 5a). During June 2024 the Partnership drew down the full amount of the facility. The facility was fully repaid on July 16, 2024, through the 2024 – LNG/C Apostolos Jolco.

“2024 – LNG/C Aktoras credit facility”

On May 31, 2024, the vessel-owning company of the LNG/C Aktoras entered into a new credit facility, the “2024 – LNG/C Aktoras credit facility”, of up to $240,000, for the purpose of partially financing the construction of the vessel (Note 5a). The Partnership is acting as a parent guarantor. During June 2024, the Partnership drew down the full amount of the facility. The facility has a duration of seven years.

“2021 Bocomm”

On May 14, 2024, we agreed with Bank of Communications Financial Leasing Co., Ltd (“Bocomm”) to amend certain of the terms included in two separate sale and lease back agreements that the companies owning the vessels LNG/C Aristos I and the LNG/C Aristarchos had entered into with Bocomm in 2021. Specifically, effective from May 2024, the Partnership agreed to reduce the interest paid on the outstanding amount and extended the maturity for both facilities by two years.

“2023 – LNG/C Assos Jolco”

On December 22, 2023, the Partnership entered into a new sale and lease back agreement of up to $240,000, for the purpose of partially financing the acquisition of the shares of the vessel-owning company of the LNG/C Assos (Note 5a). The full amount of the sale and lease back agreement was drawn in May 2024. The 2023 LNG/C Assos Jolco, has a duration of eight years.

“2024 – LNG/C Axios II credit facility”

On December 20, 2023, the vessel-owning company of the LNG/C Axios II entered into a new credit facility, the “2024 – LNG/C Axios II credit facility”, of up to $190,000, for the purpose of partially financing the construction of the vessel (Note 5a). The Partnership is acting as a parent guarantor. The Partnership drew down the full amount of the facility on January 2, 2024, upon the completion of the acquisition of the vessel from CMTC. The facility has a duration of seven years.

7. Long-term debt, net – Continued

“Umbrella Seller’s Credit”

On December 21, 2023, upon entering the Umbrella Agreement the Partnership entered into an unsecured seller’s credit agreement with CMTC, the “Umbrella Seller’s Credit” for an amount of up to $220,000 in order to finance a portion of the purchase price of the 11 new 174,000 CBM LNG/C vessels under construction (Note 4). The Umbrella Seller’s Credit provides for interest at a rate of 7.5% per annum and has a maturity date of June 30, 2027. On June 28, June 5 and January 2, 2024, upon the deliveries of the LNG/C Apostolos, the LNG/C Aktoras and the LNG/C Axios II, the Partnership used a portion of $2,264, $39,900 and $92,600, respectively. On February 28, March 11 and April 24, 2024, after the deliveries of the M/V Long Beach Express, the M/V Akadimos and the M/V Athenian to their new owners (Note 5a), the Partnership repaid the amounts of $12,789, $39,973 and $39,838, respectively.

“ICBCFL sale and lease back”

On March 8, 2024, upon the delivery of the M/V Akadimos to its new owner the Partnership repaid in full the ICBCFL sale and lease back agreement amounting to $38,332.

“2020 CMBFL sale and lease back”

On April 22 and 26, 2024 upon the delivery of the M/V Athos and the M/V Aristomenis to their new owners the Partnership fully repaid the 2020 CMBFL sale and lease back agreements amounting to $25,700 and $24,900, respectively.

During the six-month period ended June 30, 2024, the Partnership repaid the amount of $52,912 in line with the amortization schedule of its financing arrangements and fully repaid $280,935.

As of June 30, 2024, and December 31, 2023, the Partnership was in compliance with all financial debt covenants.

As of June 30, 2024, an amount of $240,000, pursuant to the 2024 – LNG/C Apostolos Jolco, was remaining available to be drawn for the purpose of the full repayment of the 2024 – LNG/C Apostolos credit facility. The amount was drawn on July 16, 2024.

For the six-month periods ended June 30, 2024, and 2023 interest expense amounted to $62,990 and $47,563, respectively and the weighted average interest rate of the Partnership’s loan facilities, financing arrangements and unsecured bonds was 6.8% and 6.2%, respectively.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-6

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-6

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(2)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 405
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147477092/405-40-50-1

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (h)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-1

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 470
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/470/tableOfContent

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482925/835-30-45-2

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (g)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
-Subparagraph (i)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1C

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1C

Reference 17: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1C
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1C

Reference 18: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1E
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1E

Reference 19: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I

Reference 20: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I

Reference 21: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1I
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481139/470-20-50-1I

+ Details

Long-Term Debt - Bank Loans (Table) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Total long-term debt	$ 2,596,466	$ 1,787,781
Less: Deferred loan and financing arrangements issuance costs	18,047	12,486
Total long-term debt, net	2,578,419	1,775,295
Less: Current portion of long-term debt	129,685	105,911
Add: Current portion of deferred loan and financing arrangements issuance costs	3,516	2,795
Long-term debt, net	2,452,250	1,672,179
(i) Issued in January 2021 maturing in February 2026 (the “CMTC Seller’s Credit”) [Member]
Debt Instrument [Line Items]
Total long-term debt	$ 6,000	6,000
Rate of interest	Fixed rate
(ii) Issued in December 2023 maturing in June 2027 (the “Umbrella Seller’s Credit”) [Member]
Debt Instrument [Line Items]
Total long-term debt	$ 42,164	0
Rate of interest	Fixed rate
(iii) Assumed in December 2021 fully repaid in June 2024 (the “2021 credit facility”) [Member]
Debt Instrument [Line Items]
Rate of interest	Margin + Secured Overnight Financing Rate (“SOFR”)
Total long-term debt	$ 0	101,087
(iv) Issued in October 2022 maturing in October 2028 (the “2022 credit facility”) [Member]
Debt Instrument [Line Items]
Rate of interest	Margin + SOFR
Total long-term debt	$ 97,020	99,680
(v) Issued in June 2023 maturing in June 2031 (the “2023 credit facility”) [Member]
Debt Instrument [Line Items]
Rate of interest	Margin + SOFR
Total long-term debt	$ 93,750	96,875
(vi) Issued in December 2023 maturing in December 2030 (the “2024 – LNG/C Axios II credit facility ”)
Debt Instrument [Line Items]
Rate of interest	Margin + SOFR
Total long-term debt	$ 185,000	0
(vii) Issued in May 2024 maturing in June 2031 (the “2024 – LNG/C Aktoras credit facility”)
Debt Instrument [Line Items]
Rate of interest	Margin + SOFR
Total long-term debt	$ 240,000	0
(viii) Issued in June 2024 maturing in June 2031 (the “2024 – LNG/C Aristidis I credit facility”)
Debt Instrument [Line Items]
Rate of interest	Margin + SOFR
Total long-term debt	$ 155,000	0
(ix) Issued in June 2024 maturing in July 2032 (the “2024 – LNG/C Apostolos credit facility”)
Debt Instrument [Line Items]
Rate of interest	Margin + SOFR
Total long-term debt	$ 192,000	0
(x) Issued in January 2020 fully repaid in April 2024 (the “2020 CMBFL”) [Member]
Debt Instrument [Line Items]
Rate of interest	Margin + SOFR
Total long-term debt	$ 0	26,500
(xi) Issued in January 2020 fully repaid in April 2024 (the “2020 CMBFL”) [member]
Debt Instrument [Line Items]
Rate of interest	Margin + SOFR
Total long-term debt	$ 0	26,500
(xii) Issued in May 2020 fully repaid in March 2024 (the “ICBCFL”) [Member]
Debt Instrument [Line Items]
Rate of interest	Margin + SOFR
Total long-term debt	$ 0	38,332
(xiii) Assumed in September 2021 maturing in November 2029 (the “2021 Bocomm”)
Debt Instrument [Line Items]
Rate of interest	Margin + SOFR
Total long-term debt	$ 121,311	126,479
(xiv) Assumed in September 2021 maturing in June 2030 (the “2021 Bocomm”)
Debt Instrument [Line Items]
Rate of interest	Margin + SOFR
Total long-term debt	$ 116,159	120,232
(xv) Assumed in November 2021 maturing in August 2028 (the “2021 CMBFL - LNG/C”) [Member]
Debt Instrument [Line Items]
Rate of interest	Margin + SOFR
Total long-term debt	$ 126,719	130,873
(xvi) Assumed in November 2021 maturing in September 2028 (the “2021 CMBFL - LNG/C”) [Member]
Debt Instrument [Line Items]
Rate of interest	Margin + SOFR
Total long-term debt	$ 125,707	129,829
(xvii) Assumed in November 2021 maturing in July 2036 (the “2021 Shin Doun”) [Member]
Debt Instrument [Line Items]
Rate of interest	Fixed rate
Total long-term debt	$ 127,608	130,715
(xviii) Issued in December 2022 maturing in January 2031 (the “2022 Jolco”) [Member]
Debt Instrument [Line Items]
Rate of interest	($69,893: Margin + SOFR, $32,400: Fixed rate)
Total long-term debt	$ 102,293	104,284
(xix) Issued in February 2023 maturing in February 2033 (the “2023 CMBFL - LNG/C”) [Member]
Debt Instrument [Line Items]
Rate of interest	Margin + SOFR
Total long-term debt	$ 173,063	177,438
(xviii) Assumed in December 2023 maturing in October 2033 (the “2023 CMBFL - LNG/C AMI”) [Member]
Debt Instrument [Line Items]
Rate of interest	Margin + SOFR
Total long-term debt	$ 185,264	196,317
(xxi) Issued in December 2023 maturing in May 2032 (the “2023 – LNG/C Assos Jolco”)
Debt Instrument [Line Items]
Rate of interest	($192,000: Margin + SOFR, $48,000: Fixed rate)
Total long-term debt	$ 240,000	0
(xxii) Issued in October 2021 maturing in October 2026 (the "2021 Bonds") [Member]
Debt Instrument [Line Items]
Rate of interest	Fixed rate
Total long-term debt	$ 160,445	165,984
(xxiii) Issued in July 2022 maturing in July 2029 (the “2022 Bonds”) [Member]
Debt Instrument [Line Items]
Rate of interest	Fixed rate
Total long-term debt	$ 106,963	$ 110,656

Derivative Instruments (Tables)

6 Months Ended

Jun. 30, 2024

Derivative Instruments

Derivative Instruments - Schedule of Derivative instruments (Assets/ Liabilities) at fair value (Table)

Derivative Asset:

Effective Date	Termination Date	Notional Amount in thousands of EUROS	Notional Amount in United States Dollars	Fixed Rate the Partnership receives in EURO	Fixed Rate the Partnership pays in United States Dollars		Fair Value June 30, 2024, in United States Dollars
26/07/2022	26/07/2029	100,000	101,800	4.40%	6.55%		3,226
				Total Fair Value		$	3,226

b)	*Derivative Liabilities:*

Effective Date	Termination Date	Notional Amount in thousands of EUROS	Notional Amount in United States Dollars	Fixed Rate the Partnership receives in EURO	Fixed Rate the Partnership pays in United States Dollars		Fair Value June 30, 2024, in United States Dollars
21/10/2021	21/10/2025	120,000	139,716	2.65%	3.66%	$	9,742
21/10/2021	21/10/2025	30,000	34,929	2.65%	3.69%		2,481
				Total Fair Value		$	12,223

Derivative Instruments - Summary of Gain (Loss) on Change in Fair Value of Derivatives - Derivative Designated as Accounting Hedge (Table)

- Derivative designated as accounting hedge

	For the six-month periods ended June 30,
Amount of gain/(loss) recognized in other comprehensive income		2024		2023
Cross-currency swap agreement related to 2022 Bonds	$	(4,492)	$	2,690
Reclassification to other income, net		4,671		(1,040)
Total gain recognized in accumulated other comprehensive loss	$	179	$	1,650

Derivative Instruments - Summary of Gain (Loss) on Change in Fair Value of Derivatives - Derivatives not Designated as Accounting Hedge (Table)

- Derivatives not designated as accounting hedges:

	For the six-month periods ended June 30,
Amount of gain/(loss) recognized in other income, net	2024		2023
Change in fair value of derivatives related to 2021 Bonds	$	(5,043)	$	3,213
Realized interest expense of derivatives related to 2021 Bonds		(1,076)		(1,038)
Total (loss) / gain recognized in other income, net	$	(6,119)	$	2,175

Unaudited Condensed Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($)
$ in Thousands

6 Months Ended

Jun. 30, 2024

Jun. 30, 2023

Income Statement [Abstract]

General and administrative expenses - related party

^[1]

$ 1,276

$ 1,296

[1]	*General and administrative expenses:* This line item mainly includes fees relating to internal audit, investor relations and consultancy fees.

Fixed Assets and Assets Held for Sale - vessels under construction cost (Table) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Advances for vessels under construstion	$ 1,135,573	$ 455,791
Vessels Under Construction [Member]
Balance as at beginning of period	140,369
Advances for vessels under construstion	184,409
Balance as at end of period	$ 324,778

Revenues (Tables)

6 Months Ended

Jun. 30, 2024

Revenues

Revenues - Disaggregation of revenue (Table)

		For the six-month periods ended June 30,
		2024		2023
Time and bareboat charters (operating leases)	$	202,165	$	163,524
Voyage charters		—		6,027
Total	$	202,165	$	169,551