Capital Product Partners L.P. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported total revenues of $62,401,000 against $59,357,000 a year ago. Operating income was $19,815,000 against $20,416,000 a year ago. Net income for the quarter ended December 31, 2016 was $13.7 million compared with $15.4 million for the fourth quarter of 2015. Basic and diluted earnings per share were $0.09 against $0.10 a year ago. The increase in total Revenue was primarily a result of the expansion of fleet partly offset by the reduction in the charter rate payable to essels under charter with HMM following its financial restructuring in July 2016. For the year, the company reported total revenues of $241,620,000 against $220,344,000 a year ago. Operating income was $75,687,000 against $73,806,000 a year ago. Net income was $52,489,000 against $55,410,000 a year ago. Diluted earnings per share were $0.34 against $0.38 a year ago. Net cash provided by operating activities was $155,086,000 against $134,209,000 a year ago. Vessel acquisitions and improvements were $90,782,000 compared to $207,937,000 for the same period a year ago.