<SEC-DOCUMENT>0000950123-11-076207.txt : 20110811
<SEC-HEADER>0000950123-11-076207.hdr.sgml : 20110811
<ACCEPTANCE-DATETIME>20110811170053
ACCESSION NUMBER:		0000950123-11-076207
CONFORMED SUBMISSION TYPE:	F-4/A
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20110811
DATE AS OF CHANGE:		20110811

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Capital Product Partners L.P.
		CENTRAL INDEX KEY:			0001392326
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		F-4/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-174795
		FILM NUMBER:		111028404

	BUSINESS ADDRESS:	
		STREET 1:		3 IASSONOS STREET
		CITY:			PIRAEUS
		STATE:			J3
		ZIP:			18537
		BUSINESS PHONE:		0030 210 458 4950

	MAIL ADDRESS:	
		STREET 1:		3 IASSONOS STREET
		CITY:			PIRAEUS
		STATE:			J3
		ZIP:			18537
</SEC-HEADER>
<DOCUMENT>
<TYPE>F-4/A
<SEQUENCE>1
<FILENAME>y91492a3fv4za.htm
<DESCRIPTION>F-4/A: PART II FILING
<TEXT>
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     <!-- XBRL,dc --><B>As filed with the Securities and Exchange
    Commission on August&#160;11, 2011</B>
</DIV>

<DIV align="left"><FONT size="1">

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<DIV align="right" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B> <!-- /XBRL,dc -->Registration
    <FONT style="white-space: nowrap">No.&#160;333-174795</FONT></B>
</DIV>

<CENTER><DIV style="font-size: 1pt; width: 100%; border-bottom: 2pt solid #000000"></DIV></CENTER>

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    <B><FONT style="font-size: 14pt">UNITED STATES SECURITIES AND
    EXCHANGE COMMISSION<BR>
    </FONT><FONT style="font-size: 12pt">Washington,&#160;D.C.
    20549</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 1pt; font-size: 1pt">&nbsp;</DIV>

<CENTER><DIV style="font-size: 1pt; width: 15%; border-bottom: 1pt solid #000000"></DIV></CENTER>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 1pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 12pt">Amendment&#160;No.&#160;3<BR>
    to</FONT></B>
</DIV>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<DIV style="margin-top: 1pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 18pt"><FONT style="white-space: nowrap">Form&#160;F-4</FONT></FONT></B>
</DIV>

<DIV style="margin-top: 1pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 12pt">REGISTRATION
    STATEMENT</FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 12pt">UNDER</FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 12pt">THE SECURITIES ACT OF
    1933</FONT></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 1pt; font-size: 1pt">&nbsp;</DIV>

<CENTER><DIV style="font-size: 1pt; width: 15%; border-bottom: 1pt solid #000000"></DIV></CENTER>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 1pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><FONT style="font-size: 24pt">CAPITAL PRODUCT PARTNERS
    L.P.</FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I><FONT style="font-size: 8pt">(Exact name of Registrant as
    specified in its Charter)</FONT></I>
</DIV>

<DIV style="margin-top: 1pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B>Capital Product Partners L.P.</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I><FONT style="font-size: 8pt">(Translation of
    Registrant&#146;s name into English)</FONT></I>
</DIV>

<DIV style="margin-top: 1pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="34%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="32%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="32%">&nbsp;</TD>	<!-- colindex=03 type=maindata -->
</TR>
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<TR valign="bottom">
<TD align="center" valign="top">
    <B>Republic of the Marshall Islands</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    <B>4412</B>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    <B>N/A</B>
</TD>
</TR>
<TR valign="bottom">
<TD align="center" valign="top">
    <I><FONT style="font-size: 8pt">(State or other jurisdiction
    of<BR>
    incorporation or organization)</FONT></I>
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    <I><FONT style="font-size: 8pt">(Primary Standard Industrial<BR>
    Classification Code Number)</FONT></I>
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    <I><FONT style="font-size: 8pt">(I.R.S. Employer<BR>
    Identification Number) </FONT></I>
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B>3 Iassonos Street</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B>Piraeus, 18537</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B>Greece</B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B>Tel: +30 210
    <FONT style="white-space: nowrap">458-4950</FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I><FONT style="font-size: 8pt">(Address, including zip code,
    and telephone number, including area code, of Registrant&#146;s
    principal executive offices)</FONT></I>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B>CT Corporation System<BR>
    111 Eighth Avenue<BR>
    New York, NY 10011<BR>
    +1 212
    <FONT style="white-space: nowrap">894-8440</FONT></B>
</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <I><FONT style="font-size: 8pt">(Name, address, including zip
    code, and telephone number, including area code, of agent for
    service)</FONT></I>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<CENTER><DIV style="font-size: 1pt; width: 15%; border-bottom: 1pt solid #000000"></DIV></CENTER>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B><I>Copies of all communications to:</I></B>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="34%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="32%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="32%">&nbsp;</TD>	<!-- colindex=03 type=maindata -->
</TR>
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<TR valign="bottom">
<TD align="center" valign="top">
    <B>J. Mark Metts,&#160;Esq.<BR>
    Angela Olivarez,&#160;Esq.<BR>
    Jones Day<BR>
    717 Texas<BR>
    Houston, TX 77002<BR>
    +1 832
    <FONT style="white-space: nowrap">239-3939</FONT></B>
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    <B>J. Vincent Kendrick,&#160;Esq.<BR>
    Patrick Hurley, Esq.<BR>
    Akin Gump Strauss Hauer &#038;<BR>
    Feld LLP<BR>
    1111 Louisiana Street<BR>
    Houston, TX 77002<BR>
    +1 713 220-5839</B>
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    <B>Jay Clayton,&#160;Esq.<BR>
    Sullivan &#038; Cromwell LLP<BR>
    125 Broad Street<BR>
    New York, NY 10004<BR>
    +1 212 558-4000</B>
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<CENTER><DIV style="font-size: 1pt; width: 15%; border-bottom: 1pt solid #000000"></DIV></CENTER>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 3%; font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B>Approximate date of commencement of proposed sale of the
    securities to the public:&#160;&#160;As soon as practicable
    after the effective date of this registration statement.</B>
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 3%; font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    If this Form is filed to register additional securities for an
    offering pursuant to Rule&#160;462(b) under the Securities Act,
    check the following box and list the Securities Act registration
    statement number of the earlier effective registration statement
    for the same
    offering.&#160;&#160;<FONT style="font-family: Wingdings; font-variant: normal">&#111;
    </FONT>
</DIV>



<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 3%; font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    If this Form is a post-effective amendment filed pursuant to
    Rule&#160;462(d) under the Securities Act, check the following
    box and list the Securities Act registration statement number of
    the earlier effective registration statement for the same
    offering.&#160;&#160;<FONT style="font-family: Wingdings; font-variant: normal">&#111;
    </FONT>
</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">CALCULATION
    OF REGISTRATION FEE</FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="52%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutterleft -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutterright -->
    <TD width="3%" align="right">&nbsp;</TD>	<!-- colindex=02 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=02 type=body -->
    <TD width="3%" align="left">&nbsp;</TD>	<!-- colindex=02 type=hang1 -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=03 type=gutterleft -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=03 type=gutterright -->
    <TD width="5%" align="right">&nbsp;</TD>	<!-- colindex=03 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=03 type=body -->
    <TD width="5%" align="left">&nbsp;</TD>	<!-- colindex=03 type=hang1 -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=04 type=gutterleft -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=04 type=gutterright -->
    <TD width="5%" align="right">&nbsp;</TD>	<!-- colindex=04 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=04 type=body -->
    <TD width="5%" align="left">&nbsp;</TD>	<!-- colindex=04 type=hang1 -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=05 type=gutterleft -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=05 type=gutterright -->
    <TD width="5%" align="right">&nbsp;</TD>	<!-- colindex=05 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=05 type=body -->
    <TD width="5%" align="left">&nbsp;</TD>	<!-- colindex=05 type=hang1 -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom" style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom" style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom" style="border-top: 3px double #000000">
    <B>Proposed Maximum<BR>
    </B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom" style="border-top: 3px double #000000">
    <B>Proposed Maximum<BR>
    </B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom" style="border-top: 3px double #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
    <B>Title of Each Class of Securities<BR>
    </B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B>Amount to be<BR>
    </B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B>Offering Price per<BR>
    </B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B>Aggregate<BR>
    </B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B>Amount of<BR>
    </B>
</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD nowrap align="center" valign="bottom">
    <B>to be Registered</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B>Registered (1)</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B>Unit</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B>Offering Price (2)</B>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD colspan="3" nowrap align="center" valign="bottom">
    <B>Registration Fee (3)</B>
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom">
<TD align="left" valign="bottom" style="border-top: 1px solid #000000">
<DIV style="text-indent: -10pt; margin-left: 10pt">
    CPLP common units
</DIV>
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
    13,899,400
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
    N/A
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
    $
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
    94,515,920
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-right: 1px solid #000000; padding-right: 2pt; border-top: 1px solid #000000">
&nbsp;
</TD>
<TD style="border-top: 1px solid #000000">
&nbsp;
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
    $
</TD>
<TD nowrap align="right" valign="bottom" style="border-top: 1px solid #000000">
    10,973.30
</TD>
<TD nowrap align="left" valign="bottom" style="border-top: 1px solid #000000">
&nbsp;
</TD>
</TR>
<TR style="font-size: 1pt">
<TD nowrap align="left" valign="bottom" style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
<TD style="border-top: 3px double #000000">
&nbsp;
</TD>
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&nbsp;
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</TR>
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<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<CENTER><DIV style="font-size: 1pt; width: 15%; border-bottom: 1pt solid #000000"></DIV></CENTER>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="3%"></TD>
    <TD width="97%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>    (1)&#160;</TD>
    <TD align="left">
    Calculated based on the maximum number of shares of Crude common
    stock that the registrant currently expects to allocate to Crude
    shareholders resident in the United States in connection with
    the proposed merger described in this registration statement.
    The shares to be allocated in connection with the proposed
    merger outside the United States, which include all of the
    shares of Crude Class&#160;B Stock, are not registered under
    this registration statement.
</TD>
</TR>

</TABLE>

<DIV align="left"><FONT size="1">

</FONT></DIV>



<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="3%"></TD>
    <TD width="97%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>    (2)&#160;</TD>
    <TD align="left">
    Pursuant to Rules&#160;457(f)(1) and 457(c) under the
    U.S.&#160;Securities Act of 1933, as amended (the
    &#147;Securities Act&#148;) and solely for the purpose of
    calculating the registration fee, the proposed maximum aggregate
    offering price is equal to the aggregate market value of the
    approximate number of shares of Crude common stock and Crude
    Class&#160;B stock to be exchanged for CPLP common units in the
    proposed merger (calculated as set forth in note (1)&#160;above)
    based upon a market value of $6.80 per share of Crude common
    stock, the average of the high and low sale prices per share of
    Crude common stock on the New York Stock Exchange on
    August&#160;10, 2011.
</TD>
</TR>

</TABLE>

<DIV align="left"><FONT size="1">

</FONT></DIV>



<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="3%"></TD>
    <TD width="97%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>    (3)&#160;</TD>
    <TD align="left">
    Calculated at a rate equal to 0.0001161 multiplied by the
    proposed maximum aggregate offering price.
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 3pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 3%; font-size: 9pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <B>THE REGISTRANT HEREBY AMENDS THIS REGISTRATION STATEMENT ON
    SUCH DATE OR DATES AS MAY BE NECESSARY TO DELAY ITS EFFECTIVE
    DATE UNTIL THE REGISTRANT SHALL FILE AN AMENDMENT WHICH
    SPECIFICALLY STATES THAT THIS REGISTRATION STATEMENT SHALL
    THEREAFTER BECOME EFFECTIVE IN ACCORDANCE WITH SECTION&#160;8(A)
    OF THE SECURITIES ACT OF 1933, AS AMENDED (THE &#147;SECURITIES
    ACT&#148;), OR UNTIL THE REGISTRATION STATEMENT SHALL BECOME
    EFFECTIVE ON SUCH DATE AS THE COMMISSION, ACTING PURSUANT TO
    SAID SECTION&#160;8(A), MAY DETERMINE.</B>
</DIV>

<DIV style="margin-top: 5pt; font-size: 1pt">&nbsp;</DIV>

<CENTER><DIV style="font-size: 1pt; width: 100%; border-bottom: 1pt solid #000000"></DIV></CENTER>

<CENTER><DIV style="font-size: 1pt; width: 100%; border-bottom: 2pt solid #000000"></DIV></CENTER>
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<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
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<DIV align="left"><FONT size="1">

</FONT></DIV>

<DIV style="margin-top: 18pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">EXPLANATORY
    NOTE</FONT></B>
</DIV>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    This Amendment No.&#160;3 to the Registration Statement on
    <FONT style="white-space: nowrap">Form&#160;F-4</FONT>
    amends Exhibits&#160;5.1, 8.1, and 8.2 to be dated as of the
    date hereof. There are no other changes to this Registration
    Statement from Amendment No.&#160;2, which was filed with the
    SEC on August&#160;5, 2011.
</DIV>

<DIV align="left"><FONT size="1">

</FONT></DIV>
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    <B><FONT style="font-family: 'Times New Roman', Times">PART&#160;II<BR>
    </FONT></B>
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">INFORMATION
    NOT REQUIRED IN PROSPECTUS</FONT></B>
</DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

<TR>
    <TD width="9%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">Item&#160;20.<I>&#160;&#160;</I></FONT></B>
</TD>
    <TD>
    <B><I><FONT style="font-family: 'Times New Roman', Times">Indemnification
    of Directors and Officers</FONT></I></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    CPLP is a Marshall Islands limited partnership. Under the MILPA,
    a partnership agreement may set forth that the partnership shall
    indemnify and hold harmless any partner or other person from and
    against any and all claims and demands whatsoever.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    The CPLP Partnership Agreement provides that to the fullest
    extent permitted by law, but subject to the limitations
    expressly provided in the CPLP Partnership Agreement, the
    general partner, the CPLP Board and any other person the CPLP
    Board decides, shall be indemnified and held harmless by CPLP
    from and against any and all losses, claims, damages,
    liabilities, joint or several, expenses (including legal fees
    and expenses), judgments, fines, penalties, interest,
    settlements or other amounts arising from any and all claims,
    demands, actions, suits or proceedings, whether civil, criminal,
    administrative or investigative, in which such person may be
    involved, or is threatened to be involved, as a party or
    otherwise, provided, however, that such person shall not be
    indemnified and held harmless if there has been a final and
    non-appealable judgment entered by a court of competent
    jurisdiction determining that, in respect of the matter for
    which the person is seeking indemnification, the person acted in
    bad faith or engaged in fraud or willful misconduct or, in the
    case of a criminal matter, acted with knowledge that his or her
    conduct was unlawful; and, provided further, that
    indemnification shall be available to the general partner or its
    affiliates only for obligations incurred on behalf of CPLP.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Under the CPLP Partnership Agreement, each CPLP director is
    reimbursed for
    <FONT style="white-space: nowrap">out-of-pocket</FONT>
    expenses in connection with attending meetings of the CPLP Board
    or committees and is fully indemnified by CPLP for actions
    associated with being a director to the fullest extent permitted
    under Marshall Islands law, provided that indemnification is not
    available where there has been a final, non-appealable judgment
    entered by a court of competent jurisdiction that the director
    acted in bad faith or engaged in fraud or willful misconduct.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Crude is a Marshall Islands corporation. The MIBCA provides that
    Marshall Islands corporations may indemnify any of their
    directors or officers who are or are threatened to be a party to
    any legal action resulting from fulfilling their duties to the
    corporation against reasonable expenses, judgments and fees
    (including attorneys&#146; fees) incurred in connection with
    such action if the director or officer acted in good faith and
    in a manner he reasonably believed to be in or not opposed to
    the best interests of the corporation, and, with respect to any
    criminal action or proceeding, had no reasonable cause to
    believe his conduct was unlawful. The termination of any action,
    suit or proceeding by judgment, order, settlement, conviction,
    or upon a plea of no contest, or its equivalent, will not create
    a presumption that the person did not act in good faith and in a
    manner which he reasonably believed to be in or not opposed to
    the best interests of the corporation, and, with respect to any
    criminal action or proceeding, had reasonable cause to believe
    his conduct was unlawful. However, no indemnification will be
    permitted in cases where it is determined that the director or
    officer was liable for negligence or misconduct in the
    performance of his duty to the corporation, unless the court in
    which such action was brought determines that the person is
    fairly and reasonably entitled to indemnity, and then only for
    the expenses that the court deems proper. A corporation is
    permitted to advance payment for expenses occurred in defense of
    an action if its board of directors decides to do so. In
    addition, Marshall Islands corporations may purchase and
    maintain insurance on behalf of any person who is or was a
    director or officer of the corporation against any liability
    asserted against him and incurred by him in such capacity
    whether or not the corporation would have the power to indemnify
    him against such liability under the provisions of the MIBCA.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Crude&#146;s amended and restated articles of incorporation and
    bylaws will provide that it will indemnify Crude&#146;s
    directors and officers to the fullest extent permitted under the
    MIBCA.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    CPLP and Crude currently maintain directors&#146; and
    officers&#146; insurance for their directors and officers as
    well as officers and directors of certain subsidiaries.
</DIV>
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<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <BR>
    II-1
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<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
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<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent"><!-- TABLE 05 -->

<TR>
    <TD width="9%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">Item&#160;21.<I>&#160;&#160;</I></FONT></B>
</TD>
    <TD>
    <B><I><FONT style="font-family: 'Times New Roman', Times">Exhibits
    and Financial Statement Schedules</FONT></I></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent"><!-- TABLE 01 -->
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="4%" align="right">&nbsp;</TD>	<!-- colindex=01 type=lead -->
    <TD width="1%" align="right">&nbsp;</TD>	<!-- colindex=01 type=body -->
    <TD width="4%" align="left">&nbsp;</TD>	<!-- colindex=01 type=align1 -->
    <TD width="2%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="89%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD colspan="3" nowrap align="center" valign="bottom">
<DIV style="border-bottom: 1px solid #000000; width: 1%; padding-bottom: 1px">
    <B>Exhibit No.</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
<DIV style="border-bottom: 1px solid #000000; width: 1%; padding-bottom: 1px">
    <B>Description of Document</B>
</DIV>
</TD>
</TR>
<TR style="line-height: 3pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom">
<TD nowrap align="right" valign="top">
&nbsp;
</TD>
<TD nowrap align="right" valign="top">
    5
</TD>
<TD nowrap align="left" valign="top">
    .1
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Opinion of Watson, Farley&#160;&#038; Williams (New York) LLP as
    to the legality of the units being registered.
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="right" valign="top">
&nbsp;
</TD>
<TD nowrap align="right" valign="top">
    8
</TD>
<TD nowrap align="left" valign="top">
    .1
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Tax Opinion of Sullivan&#160;&#038; Cromwell LLP.
</TD>
</TR>
<TR valign="bottom">
<TD nowrap align="right" valign="top">
&nbsp;
</TD>
<TD nowrap align="right" valign="top">
    8
</TD>
<TD nowrap align="left" valign="top">
    .2
</TD>
<TD>
&nbsp;
</TD>
<TD align="left" valign="top">
    Tax Opinion of Akin Gump Strauss Hauer&#160;&#038; Feld LLP.
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<DIV style="margin-top: 12pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent"><!-- TABLE 05 -->

<TR>
    <TD width="9%"></TD>
    <TD width="91%"></TD>
</TR>

<TR valign="top">
    <TD>
    <B><FONT style="font-family: 'Times New Roman', Times">Item&#160;22.<I>&#160;&#160;</I></FONT></B>
</TD>
    <TD>
    <B><I><FONT style="font-family: 'Times New Roman', Times">Undertakings</FONT></I></B>
</TD>
</TR>

</TABLE>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    (a)&#160;CPLP, the undersigned Registrant, hereby undertakes as
    follows:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 4%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    1.&#160;To file, during any period in which offers or sales are
    being made, a post-effective amendment to this registration
    statement:
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 8%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    i.&#160;to include any prospectus required by
    section&#160;10(a)(3) of the Securities Act;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 8%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    ii.&#160;to reflect in the prospectus any facts or events
    arising after the effective date of the registration statement
    (or the most recent post-effective amendment thereof) which,
    individually or in the aggregate, represent a fundamental change
    in the information in the registration statement.
    Notwithstanding the foregoing, any increase or decrease in
    volume of securities offered (if the total dollar value of
    securities offered would not exceed that which was registered)
    and any deviation from the low or high end of the estimated
    maximum offering range may be reflected in the form of
    prospectus filed with the Commission pursuant to
    Rule&#160;424(b) if, in aggregate, the changes in volume and
    price represent no more than a 20% change in the maximum
    aggregate offering price set forth in the &#147;Calculation of
    Registration Fee&#148; table in the effective registration
    statement;
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 8%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    iii.&#160;to include any material information with respect to
    the plan of distribution not previously disclosed in the
    registration statement or any material change to such
    information in the registration statement; provided, however,
    that paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not
    apply if the registration statement is on Form
    <FONT style="white-space: nowrap">S-3,</FONT>
    <FONT style="white-space: nowrap">Form&#160;S-8</FONT>
    or
    <FONT style="white-space: nowrap">Form&#160;F-3</FONT>
    and the information required to be included in a post- effective
    amendment by those paragraphs is contained in periodic reports
    filed with or furnished to the Commission by the registrant
    pursuant to section&#160;13 or section&#160;15(d) of the
    Exchange Act that are incorporated by reference into the
    registration statement.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 4%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    2.&#160;That, for the purpose of determining any liability under
    the Securities Act, each such post-effective amendment shall be
    deemed to be a new registration statement relating to the
    securities offered therein, and the offering of such securities
    at that time shall be deemed to be the initial bona fide
    offering thereof.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 4%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    3.&#160;To remove from registration by means of a post-effective
    amendment any of the securities being registered which remain
    unsold at the termination of the offering.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 4%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    4.&#160;To file a post-effective amendment to the registration
    statement to include any financial statements required by
    Item&#160;8.A. of
    <FONT style="white-space: nowrap">Form&#160;20-F</FONT>
    at the start of any delayed offering or throughout a continuous
    offering. Financial statements and information otherwise
    required by Section&#160;10(a)(3) of the Securities Act need not
    be furnished, provided that the registrant includes in the
    prospectus, by means of a post-effective amendment, financial
    statements required pursuant to this paragraph (a)(4) and other
    information necessary to ensure that all other information in
    the prospectus is at least as current as the date of those
    financial statements.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    (b)&#160;The undersigned Registrant hereby undertakes as
    follows: that prior to any public reoffering of the securities
    registered hereunder through use of a prospectus which is a part
    of this registration statement, by any person or party who is
    deemed to be an underwriter within the meaning of
    Rule&#160;145(c), the issuer undertakes that such reoffering
    prospectus will contain the information called for by the
    applicable registration form with respect to reoffering by
    persons who may be deemed underwriters, in addition to the
    information called for by the other items of the applicable form.
</DIV>
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    <BR>
    II-2
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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    (c)&#160;The Registrant undertakes that every prospectus
    (i)&#160;that is filed pursuant to the immediately preceding
    paragraph, or (ii)&#160;that purports to meet the requirements
    of Section&#160;10(a)(3) of the Securities Act and is used in
    connection with an offering of securities subject to
    Rule&#160;415, will be filed as a part of an amendment to the
    registration statement and will not be used until such amendment
    is effective, and that, for purposes of determining any
    liability under the Securities Act, each such post-effective
    amendment shall be deemed to be a new registration statement
    relating to the securities offered therein, and the offering of
    such securities at that time shall be deemed to be the initial
    bona fide offering thereof.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    (d)&#160;The undersigned Registrant hereby undertakes
    (i)&#160;to respond to requests for information that is
    incorporated by reference into the prospectus pursuant to
    Items&#160;4, 10(b), 11 or 13 of this Form, within one business
    day of receipt of such request, and to send the incorporated
    documents by first class mail or other equally prompt means and
    (ii)&#160;to arrange or provide for a facility in the
    U.S.&#160;for the purpose of responding to such requests. This
    includes information contained in documents filed subsequent to
    the effective date of the registration statement through the
    date of responding to the request.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    (e)&#160;The undersigned Registrant hereby undertakes to supply
    by means of a post-effective amendment all information
    concerning a transaction, and the company being acquired
    involved therein, that was not the subject of and included in
    the registration statement when it became effective.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    (f)&#160;Insofar as indemnification for liabilities arising
    under the Securities Act may be permitted to directors, officers
    and controlling persons of the Registrant pursuant to the
    foregoing provisions, or otherwise, the Registrant has been
    advised that in the opinion of the SEC such indemnification is
    against public policy as expressed in the Securities Act and is,
    therefore, unenforceable. In the event that a claim for
    indemnification against such liabilities (other than the payment
    by the Registrant of expenses incurred or paid by a director,
    officer of controlling person of the Registrant in the
    successful defense of any action, suit or proceeding) is
    asserted by such director, officer or controlling person in
    connection with the securities being registered, the Registrant
    will, unless in the opinion of its counsel the matter has been
    settled by controlling precedent, submit to a court of
    appropriate jurisdiction the question whether such
    indemnification by it is against public policy as expressed in
    the Securities Act and will be governed by the final
    adjudication of such issue.
</DIV>
<!-- XBRL Pagebreak Begin -->

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <BR>
    II-3
</DIV><!-- END PAGE WIDTH -->
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="width: 87%; margin-left: 6%"><!-- BEGIN PAGE WIDTH -->
<!-- XBRL Pagebreak End -->

<DIV align="center" style="margin-left: 0%; margin-right: 0%; font-size: 10pt; font-family: Arial, Helvetica; color: #000000; background: transparent">

    <B><FONT style="font-family: 'Times New Roman', Times">SIGNATURES</FONT></B>
</DIV>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Pursuant to the requirements of the Securities Act, the
    registrant has duly caused this registration statement to be
    signed on its behalf by the undersigned, thereunto duly
    authorized, in Piraeus, Greece, on August&#160;11, 2011.
</DIV>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<DIV style="margin-top: 24pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 49%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    CAPITAL PRODUCT PARTNERS L.P.
</DIV>

<DIV style="margin-top: 48pt; font-size: 1pt">&nbsp;</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="49%"></TD>
    <TD width="4%"></TD>
    <TD width="47%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    By:&#160;
</TD>
    <TD align="left">
    Capital GP L.L.C., its general partner
</TD>
</TR>


<TR style="line-height: 48pt; font-size: 1pt"><TD>&nbsp;</TD></TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    By:&#160;
</TD>
    <TD align="left">
    <DIV style="display:inline; text-align:left;">/s/&#160;&#160;Ioannis
    E. Lazaridis</DIV>
</TD>
</TR>

</TABLE>

<DIV style="font-size: 2pt; margin-left: 53%; width: 100%;  align: left; border-bottom: 1pt solid #000000"></DIV>

<DIV align="left" style="margin-left: 53%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Name:&#160;&#160;&#160;&#160;&#160;Ioannis E. Lazaridis
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">

<TR>
    <TD width="53%"></TD>
    <TD width="8%"></TD>
    <TD width="39%"></TD>
</TR>

<TR valign="top" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <TD>&nbsp;</TD>
    <TD>    Title:&#160;
</TD>
    <TD align="left">
    Chief Executive Officer and Chief
</TD>
</TR>

</TABLE>

<DIV align="left" style="margin-left: 61%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Financial Officer of Capital GP
</DIV>

<DIV align="left" style="margin-left: 61%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    L.L.C.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 4%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    Pursuant to the requirements of the Securities Act, this
    registration statement has been signed by the following persons
    in the capacities and on the dates indicated.
</DIV>

<DIV style="margin-top: 6pt; font-size: 1pt">&nbsp;</DIV>

<DIV align="left"><FONT size="1">

</FONT></DIV>

<TABLE border="0" width="100%" align="center" cellpadding="0" cellspacing="0" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
<!-- Table Width Row BEGIN -->
<TR style="font-size: 1pt" valign="bottom">
    <TD width="3%">&nbsp;</TD>	<!-- colindex=01 type=maindata -->
    <TD width="1%">&nbsp;</TD>	<!-- colindex=02 type=gutter -->
    <TD width="38%">&nbsp;</TD>	<!-- colindex=02 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=03 type=gutter -->
    <TD width="38%">&nbsp;</TD>	<!-- colindex=03 type=maindata -->
    <TD width="3%">&nbsp;</TD>	<!-- colindex=04 type=gutter -->
    <TD width="14%">&nbsp;</TD>	<!-- colindex=04 type=maindata -->
</TR>
<!-- Table Width Row END -->
<!-- TableOutputHead -->
<TR style="font-size: 8pt" valign="bottom" align="center">
<TD colspan="3" nowrap align="center" valign="bottom">
<DIV style="border-bottom: 1px solid #000000; width: 1%; padding-bottom: 1px">
    <B>Signature</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
<DIV style="border-bottom: 1px solid #000000; width: 1%; padding-bottom: 1px">
    <B>Title</B>
</DIV>
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="bottom">
<DIV style="border-bottom: 1px solid #000000; width: 1%; padding-bottom: 1px">
    <B>Date</B>
</DIV>
</TD>
</TR>
<TR style="line-height: 12pt; font-size: 1pt">
<TD>&nbsp;
</TD>
</TR>
<!-- TableOutputBody -->
<TR valign="bottom" style="line-height: 12pt">
<TD colspan="3">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="3" align="center" valign="top">
    <DIV style="display:inline; text-align:center; width:90%">/s/&#160;&#160;Evangelos
    M. Marinakis</DIV><BR>
    <DIV style="font-size: 2pt; margin-left: 0%; width: 100%;  align: left; border-bottom: 1pt solid #000000"></DIV>Evangelos
    M. Marinakis
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    Chairman of the Board of<BR>
    Directors of CPLP
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    August&#160;11, 2011
</TD>
</TR>
<TR valign="bottom" style="line-height: 12pt">
<TD colspan="3">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="3" align="center" valign="top">
    <DIV style="display:inline; text-align:center; width:90%">/s/&#160;&#160;Ioannis
    E. Lazaridis</DIV><BR>
    <DIV style="font-size: 2pt; margin-left: 0%; width: 100%;  align: left; border-bottom: 1pt solid #000000"></DIV>Ioannis
    E. Lazaridis
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    Chief Executive Officer and<BR>
    Chief Financial Officer of <BR>
    Capital GP L.L.C.&#160;
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    August&#160;11, 2011
</TD>
</TR>
<TR valign="bottom" style="line-height: 12pt">
<TD colspan="3">
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
<TD>
&nbsp;
</TD>
</TR>
<TR valign="bottom">
<TD colspan="3" align="center" valign="top">
    <DIV style="display:inline; text-align:center; width:90%">/s/&#160;&#160;Donald
    J. Puglisi</DIV><BR>
    <DIV style="font-size: 2pt; margin-left: 0%; width: 100%;  align: left; border-bottom: 1pt solid #000000"></DIV>Donald
    J. Puglisi
</TD>
<TD>
&nbsp;
</TD>
<TD nowrap align="center" valign="top">
    U.S. Representative
</TD>
<TD>
&nbsp;
</TD>
<TD align="center" valign="top">
    August&#160;11, 2011
</TD>
</TR>
</TABLE>

<DIV align="left" style="margin-left: 0%; margin-right: 0%; text-indent: 0%; font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">

</DIV>

<DIV align="left"><FONT size="1">

</FONT></DIV>
<!-- XBRL Pagebreak Begin -->

<P align="center" style="font-size: 10pt; font-family: 'Times New Roman', Times; color: #000000; background: transparent">
    <BR>
    II-4
</DIV><!-- END PAGE WIDTH -->
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>2
<FILENAME>y91492a3exv5w1.htm
<DESCRIPTION>EX-5.1
<TEXT>
<HTML>
<HEAD>
<TITLE>exv5w1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;5.1</B>
</DIV>


<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Watson, Farley &#038; Williams (New York) LLP</B><BR>
1133 Avenue of the Americas<BR>
New York, New York 10036<BR>
Tel (212)&nbsp;922 2200<BR>
Fax (212)&nbsp;922 1512
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">August&nbsp;12, 2011
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Capital Product Partners L.P.<BR>
3 Iassonos Street<BR>
Piraeus 18537<BR>
Greece

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Merger of Poseidon Project Corp. with and into Crude Carriers Corp.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Dear Sirs:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We have acted as special counsel as to matters of the law of the Republic of The Marshall Islands
(&#147;<B>Marshall Islands Law</B>&#148;) for Capital Product Partners L.P., a Marshall Islands limited partnership
(the &#147;<B>Partnership</B>&#148;), in connection with the merger of Poseidon Project Corp., a Marshall Islands
corporation and a wholly-owned subsidiary of the Partnership (&#147;<B>Poseidon</B>&#148;), with and into Crude
Carriers Corp., a Marshall Islands corporation (&#147;<B>Crude</B>&#148;). In the merger, each share of common
stock of Crude, par value $0.0001 per share (&#147;<B>Crude Common Stock</B>&#148;), and each share of Class&nbsp;B stock
of Crude, par value $0.0001 per share (&#147;<B>Class&nbsp;B Stock</B>&#148;), will be converted into the right to
receive 1.56 common units of the Partnership (the &#147;<B>Common Units</B>&#148;). The Common Units are being
issued by the Partnership pursuant to the Partnership&#146;s Registration Statement on Form F-4 (the
&#147;<B>Registration Statement</B>&#148;) filed with the U.S. Securities and Exchange Commission pursuant to the
Securities Act of 1933, as amended (the &#147;<B>Securities Act</B>&#148;), and the prospectus included therein (the
&#147;<B>Prospectus</B>&#148;). Following completion of the merger of Poseidon with and into Crude, Crude will
become a wholly-owned subsidiary of the Partnership.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">As counsel, we have examined originals or copies (certified or otherwise identified to our
satisfaction) of the following documents:
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">(i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Registration Statement;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">(ii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Prospectus;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">(iii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Merger Agreement dated May&nbsp;5, 2011 (the &#147;<B>Merger Agreement</B>&#148;) among Crude, Poseidon, the
Partnership and Capital GP L.L.C., a Marshall Islands limited liability company and the
general partner (the &#147;<B>General Partner</B>&#148;) of the Partnership, which has been filed as an exhibit
to the Registration Statement; and</TD>
</TR>

</TABLE>
</DIV>
<HR size="1" width="100%" align="left">
<DIV align="left" style="font-size: 8pt; margin-top: 6pt">London
<b>&#149;</b> New York <b>&#149;</b> Paris <b>&#149;</b> Hamburg <b>&#149;</b> Munich <b>&#149;</b> Rome
<b>&#149;</b> Milan <b>&#149;</b> Madrid <b>&#149;</b> Athens <b>&#149;</b> Piraeus <b>&#149;</b>
Singapore <b>&#149;</b> Bangkok
</DIV>

<DIV align="left" style="font-size: 8pt; margin-top: 6pt">Watson, Farley &#038; Williams (New York) LLP is a limited liability partnership registered in England
and Wales with registered number OC312253. It is regulated by the Solicitors Regulation&nbsp;Authority
and its members are solicitors or registered foreign lawyers. A list of members of Watson, Farley
&#038; Williams (New York) LLP and their professional qualifications is open to inspection at the above
address. Any reference to a &#145;partner&#146; means a member of Watson, Farley &#038; Williams (New York) LLP,
or a member or partner in an affiliated undertaking, or an employee or consultant with equivalent
standing and qualification.
</DIV>

<DIV align="left" style="font-size: 8pt; margin-top: 6pt">Watson, Farley &#038; Williams (New York) LLP or an affiliated undertaking has an office in each of the
cities listed above.
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">Capital Product Partners L.P.
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">Page 2</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">August&nbsp;12, 2011</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">(iv)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>such other papers, documents, agreements and certificates of public officials and
representatives of the Partnership, the General Partner, Crude and Poseidon as we have deemed
relevant and necessary as the basis for the opinion hereafter expressed.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In such examination, we have assumed (i)&nbsp;the legal capacity of each natural person, (ii)&nbsp;the
genuineness of all signatures and the authenticity of all documents submitted to us as originals,
(iii)&nbsp;the conformity to original documents of all documents submitted to us as conformed or
photostatic copies, (iv)&nbsp;the completeness of each document submitted to us and (v)&nbsp;the
truthfulness of each statement as to all factual matters contained in any document or certificate
encompassed within the due diligence review undertaken by us. </DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">As to matters of fact material to this opinion that have not been independently established, we
have relied upon the aforesaid certificates and the representations and warranties of each of the
Partnership, the General Partner, Crude and Poseidon contained in the Merger Agreement. We have
not independently verified the facts so relied on.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This opinion letter is limited to Marshall Islands Law. We expressly disclaim any responsibility
to advise of any development or circumstance of any kind, including any change of law or fact that
may occur after the date of this opinion letter that might affect the opinion expressed herein.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Based on the foregoing, and having regard to legal considerations which we deem relevant, and
subject to the qualifications, limitations and assumptions set forth herein, we are of the opinion
that when the Common Units are issued and delivered in exchange for shares of Crude Common Stock
and Class&nbsp;B Stock in accordance with the terms of the Registration Statement, the Prospectus and
the Merger Agreement, the Common Units will be validly issued, fully paid and nonassessable.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">We consent to the filing of this opinion as Exhibit&nbsp;5.1 to the Registration Statement and to the
references to our firm in the Registration Statement and the Prospectus. In giving this consent,
we do not hereby admit that we are in the category of persons whose consent is required under
Section&nbsp;7 of the Securities Act, or the rules and regulations promulgated thereunder, nor do we
admit that we are experts with respect to any part of the Registration Statement within the meaning
of the term &#147;expert&#148; as used in the Securities Act.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Very truly yours,
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>/s/ Watson, Farley &#038; Williams (New York) LLP</B>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-8.1
<SEQUENCE>3
<FILENAME>y91492a3exv8w1.htm
<DESCRIPTION>EX-8.1
<TEXT>
<HTML>
<HEAD>
<TITLE>exv8w1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;8.1</B>
</DIV>


<DIV align="right" style="font-size: 10pt; margin-top: 12pt">August 12, 2011
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Crude Carriers<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 Iassonos Street<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Piraeus 18537, Greece

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Ladies and Gentlemen:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We have acted as United States federal income tax counsel to Crude Carriers Corp.
(&#147;Crude&#148;), a Marshall Islands corporation, in connection with the proposed merger (the &#147;Merger&#148;) of
Poseidon Project Corp. (&#147;Poseidon&#148;), a Marshall Islands corporation that is a wholly owned
subsidiary of Capital Product Partners L.P. (&#147;CPLP&#148;), a Marshall Islands limited
partnership, with and into Crude, pursuant to the Agreement and Plan of Merger (the &#147;Agreement&#148;)
dated as of May&nbsp;5, 2011, among Crude, Poseidon, CPLP, and Capital GP L.L.C., a Marshall
Islands limited liability company. Capitalized terms used but not defined herein shall have the
meanings ascribed to them in the Agreement. At your request, and in connection with the filing of
the Form F-4 (as amended or supplemented through the date hereof, the &#147;Registration Statement&#148;),
including the prospectus forming a part thereof, we are rendering our opinion concerning certain
United States federal income tax matters.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In providing our opinion, we have examined the Agreement, the Registration Statement, the
prospectus forming a part thereof (as amended or supplemented through the date hereof), and such
other documents as we have deemed necessary or appropriate for purposes of our opinion. In
addition, we have assumed that (i)&nbsp;the transaction will be consummated in accordance with the
provisions of the Agreement and as described in the Registration Statement (and no transaction or
condition described therein and affecting this opinion will be waived by any party to the
Agreement), (ii)&nbsp;the statements concerning the transaction and the parties thereto set forth in the
Agreement and the Registration Statement are true, complete and correct, and will remain true,
complete and correct at all times up to and including the Effective Time and thereafter (where
relevant), (iii)&nbsp;any statements made in the Agreement or the
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="right" style="font-size: 10pt; margin-top: 12pt">-2-
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Registration Statement regarding the &#147;belief&#148; of any person are true, complete and correct, and will remain true, complete and correct
at all times up to and including the Effective Time and thereafter (where relevant), in each case
as if made without such qualification, and (iv)&nbsp;the parties to the Agreement have complied with,
and, if applicable, will continue to comply with, the covenants contained in the Agreement. If any
of the above described assumptions are untrue for any reason or if the transaction is consummated
in a manner that is different from the manner described in the Agreement or the Registration
Statement, our opinion as expressed below may be adversely affected.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We hereby confirm to you our opinion as set forth in the Registration Statement under the
caption &#147;Material United States Federal Income Tax Consequences
to Crude Shareholders,&#148;
subject to the qualifications, exceptions, assumptions and limitations contained therein, insofar as
it relates to matters of United States federal income tax law.

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We hereby consent to the filing of this opinion as an exhibit to the Registration Statement
and to the references therein to us. In giving this consent, we do not hereby admit that we are
within the category of persons whose consent is required under Section&nbsp;7 of the Securities Act of
1933, as amended, or the rules and regulations of the Securities and Exchange Commission
thereunder.
</DIV>
<DIV align="center">
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<TR></TR>
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    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">Very truly yours,</TD>
</TR>

<TR><TD>&nbsp;</TD></TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" valign="top">/s/ SULLIVAN &#38; CROMWELL LLP
</TD>
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</DIV>


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<TYPE>EX-8.2
<SEQUENCE>4
<FILENAME>y91492a3exv8w2.htm
<DESCRIPTION>EX-8.2
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<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;8.2</B>
</DIV>


<DIV align="right" style="font-size: 10pt; margin-top: 12pt">August 12, 2011
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Capital Product Partners, L.P.<BR>
3 Iassonos Street<BR>
18537 Piraeus, Greece

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Re: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Registration Statement on Form&nbsp;F-4
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Ladies and Gentlemen:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We have acted as special United States federal income tax counsel to Capital Product Partners,
L.P., a Marshall Islands limited partnership (&#147;<B>CPLP</B>&#148;), in connection with the filing of a
registration statement on Form F-4 (the &#147;<B>Registration Statement</B>&#148;), filed with the Securities and
Exchange Commission (the &#147;<B>Commission</B>&#148;) under the Securities Act of 1933, as amended (the &#147;<B>Act</B>&#148;),
relating to the merger of Poseidon Project Corp., a Marshall Islands corporation (&#147;<B>Poseidon</B>&#148;) that
is wholly owned by CPLP, with and into Crude Carriers Corp. a Marshall Islands corporation
(&#147;<B>Crude</B>&#148;), as set forth in the Registration Statement and the form of joint proxy
statement/prospectus contained therein (the &#147;<B>Prospectus</B>&#148;) and you have requested our opinion
regarding the accuracy of certain information set forth in the section &#147;The Merger&#148; under the
caption &#147;Material Federal Income Tax Consequences to Crude Shareholders.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In rendering our opinion, we have examined the Registration Statement, Agreement and Plan of
Merger, dated as of May&nbsp;5, 2011 by and among Crude, Poseidon, CPLP and Capital GP L.L.C., a
Marshall Islands limited liability company and such other documents, agreements, and instruments as
we have deemed necessary or appropriate and have made such legal and factual inquiries as we have
deemed necessary as a basis for our opinions set forth below. We have also assumed, without making
any independent investigation, that all documents as furnished to us are complete and authentic,
that the signatures on all documents are genuine, that all such documents have been, or in the case
of drafts, will be, duly authorized, executed and delivered, and the legal capacity of all natural
persons.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apart from establishing that the facts, assumptions, warranties, statements, and
representations set forth herein or contained in the Registration Statement are not in our view
unreasonable, we have not independently verified any of such facts, assumptions, warranties,
statements or representations. Our opinion is explicitly conditioned upon the accuracy of the
facts, assumptions, warranties, statements, and representations set forth herein and in the
Registration Statement, and upon the accuracy and completeness of the Registration Statement. In
addition, if any representations made to us are qualified by statements such as &#147;to the knowledge
of,&#148; &#147;to the best knowledge of,&#148; &#147;anticipated&#148; or &#147;reasonably expected,&#148; we have assumed such
representations to be true and correct without such qualification.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In connection with this opinion letter, we have made no special investigation or review of any
laws, regulations or judicial or administrative decisions, other than a review of the current
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Capital Product Partners, L.P.</div>

<DIV align="left" style="font-size: 10pt; margin-top: 0pt">August 12, 2011</div>


<DIV align="left" style="font-size: 10pt; margin-top: 0pt">Page 2
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">provisions of the Internal Revenue Code of 1986, as amended (the &#147;<B>Code</B>&#148;), applicable Treasury
regulations currently promulgated under the Code (the &#147;<B>Regulations</B>&#148;), and current judicial and
administrative authority (including published revenue rulings and revenue procedures) with respect
thereto (collectively referred to as the &#147;<B>U.S. Tax Law</B>&#148;). We have made no investigation or review
of any matters relating to CPLP or any other person other than as expressly set forth herein.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on the facts, assumptions, and representations set forth herein, in the Registration
Statement and subject to the assumptions, exceptions, qualifications, and limitations set forth
herein, it is our opinion that to the extent that it describes provisions of U.S. federal tax law,
the discussion in the Prospectus in the section &#147;The Merger&#148; under the caption &#147;Material United
States Federal Income Tax Consequences to Crude Shareholders,&#148; subject to the qualifications,
assumptions and limitations set forth in the introductory language under the caption &#147;Material
United States Federal Income Tax Consequences to Crude Shareholders,&#148; is correct in all material
respects.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The opinion and other matters in this letter are qualified in their entirety and subject to
the following:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">A.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>We express no opinion as to any laws other than the U.S. Tax Law.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">B.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The opinion expressed herein is as of the date hereof. Any change in the U.S.
Tax Law (including pursuant to any legislation which Congress may be currently
considering), which may change at any time with retroactive or prospective effect and
which is subject to differing interpretation, or any change in the facts,
representations or documents upon which the opinion expressed herein is based, could
change our conclusions and render the opinion expressed herein inapplicable. We
undertake no obligation to advise you of any facts or circumstances that may come to
our attention, any new developments in the law or in the application or interpretation
of the Federal income tax laws, or any other change in legal authorities that may occur
after the date of this opinion letter, that may affect the opinion expressed herein or
to update the opinion expressed herein in the event that there is a change in the legal
authorities, facts or documents upon which the opinion expressed herein is based.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">C.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>This opinion represents and is based upon our best legal judgment regarding the
application of relevant current provisions of the Code and the Regulations, and
interpretations of the foregoing as expressed in existing court decisions,
administrative determinations (including the practices and procedures of the Internal
Revenue Service (the &#147;<B>IRS</B>&#148;) in issuing private letter rulings, which are not binding on
the IRS except with respect to the taxpayer that receives such a</TD>
</TR>

</TABLE>
</DIV>
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<DIV style="font-family: 'Times New Roman',Times,serif">


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</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Capital Product Partners, L.P.</div>

<DIV align="left" style="font-size: 10pt; margin-top: 0pt">August 12, 2011</div>


<DIV align="left" style="font-size: 10pt; margin-top: 0pt">Page 3

</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>ruling) and published rulings and procedures all as of the date hereof. An opinion
of counsel merely represents counsel&#146;s best judgment with respect to the probable
outcome on the merits and is not binding on the IRS or the courts. There can be no
assurance that positions contrary to our opinion will not be taken by the IRS, or
that a court considering the issues would not hold contrary to our opinion. CPLP
has not requested a ruling from the IRS (and no ruling will be sought) as to any of
the Federal income tax consequences addressed in this opinion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">D.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The opinion expressed herein is limited to the matters expressly stated herein
and no opinion is to be inferred or may be implied beyond the tax opinion expressly set
forth above. This letter does not address any other Federal, state, local or foreign
tax consequences.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">E.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No opinion is expressed if all of the representations, warranties, statements
and assumptions upon which we relied are not true and accurate at all relevant times.
In the event any one of the statements, representations, warranties or assumptions upon
which we have relied to issue this opinion is incorrect, our opinion might be adversely
affected and may not be relied upon.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This opinion is rendered only to you and is for your benefit in connection with the
filing of the Registration Statement. This opinion may not be quoted, in whole or in part, or
otherwise referred to in any document, and may not be furnished or otherwise disclosed to or relied
upon or otherwise used by any other person, without our prior written consent, which may be granted
or withheld in our discretion, except that this opinion may be relied upon by persons entitled to
rely on it pursuant to applicable provisions of federal securities law. We consent to the filing
of this opinion as an exhibit to the Registration Statement and to the references to Akin Gump
Strauss Hauer &#038; Feld LLP therein. In giving this consent, we do not thereby admit that we are
within the category of persons whose consent is required under Section&nbsp;7 of the Securities Act, or
the rules and regulations of the Commission. This opinion is expressed as of the date hereof, and
we are under no obligation to supplement or revise our opinion to reflect any legal developments or
factual matters arising subsequent to the date hereof, or the impact of any information, document,
certificate, record, statement, representation, covenant, or assumption relied upon herein that
becomes incorrect or untrue.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 50%">Very truly yours,
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 50%">/s/ AKIN GUMP
STRAUSS HAUER &#038; FELD LLP</div>
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