Exhibit 4.39

Addendum No.1 dated 2^nd April 2012

to

the IT Agreement dated 3^rd April 2007

between

CAPITAL SHIPMANAGEMENT CORP. of Panama (the “CSM”)

and

CAPITAL PRODUCTS PARTNERS L.P. of Marshall Islands (the “CPLP”)

NOW IT IS HEREBY MUTUALLY AGREED that:

1. the term of the said IT Agreement dated 3^rd April 2007 is renewed for another five (5) years namely from 3rd April, 2012 to 2nd April 2017.

2. any relevant or applicable provision of the IT Agreement dated 3^rd April 2007 is hereby amended accordingly.

All other terms and conditions in the said IT Agreement dated 3^rd April 2007 shall remain unaltered and in full force.

CAPITAL SHIPMANAGEMENT CORP.

BY ITS GENERAL PARTNER CAPITAL GP L.L.C.,

By:	/s/ Nikolaos Syntichakis
Name:
Title:

CAPITAL PRODUCTS PARTNERS L.P.

By:	/s/ Ioannis E. Lazaridis
Name:
Title: