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Capital Clean Energy Carriers Corp. Announces Results of Its Annual Meeting of Shareholders

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Capital Clean Energy Carriers Corp. (NASDAQ:CCEC) held its Annual Meeting of Shareholders in Piraeus, Greece on December 5th, 2024. Shareholders re-elected the current eight directors to serve until the 2025 Annual Meeting and ratified Deloitte Certified Public Accountants S.A. as the independent registered public accounting firm for fiscal year 2024.

The company operates a fleet of 18 vessels, including 12 LNG carriers and six Neo-Panamax container vessels. CCEC plans to sell three Neo-Panamax vessels by Q1 2025. Their expansion includes orders for 16 new vessels: six LNG carriers, six dual-fuel medium gas carriers, and four handy liquid CO2/multi-gas carriers, scheduled for delivery between Q1 2026 and Q3 2027.

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Positive

  • Planned fleet expansion with 16 new modern vessels on order
  • Strategic focus on energy transition with LNG and multi-gas carriers
  • Strong presence in gas carriage solutions with 12 LNG carriers in current fleet

Negative

  • Planned disposal of three Neo-Panamax container vessels by Q1 2025

News Market Reaction – CCEC

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+0.38% Session move

In the trading session that priced this news, CCEC gained 0.38%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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ATHENS, Greece, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Capital Clean Energy Carriers Corp. (NASDAQ:CCEC) (the “Company”) today announced that it held its Annual Meeting of Shareholders in Piraeus, Greece on December 5th, 2024. At that meeting:

  1. The current eight directors of the Company were re-elected to serve until the 2025 Annual Meeting of Shareholders, and until their successors are elected and qualified; and
  2. The appointment of Deloitte Certified Public Accountants S.A., as independent registered public accounting firm for the fiscal year ending December 31, 2024, was ratified.

About Capital Clean Energy Carriers Corp.

Capital Clean Energy Carriers Corp. (NASDAQ: CCEC), an international shipping company, is one of the world’s leading platforms of gas carriage solutions with a focus on energy transition. CCEC’s in-the-water fleet includes 18 high specification vessels, including 12 latest generation LNG/Cs and six legacy Neo-Panamax container vessels. CCEC has agreed to sell three Neo-Panamax container vessels by the first quarter of 2025. In addition, CCEC’s under-construction fleet includes six additional latest generation LNG/Cs, six dual-fuel medium gas carriers and four handy liquid CO2/multi-gas carriers, to be delivered between the first quarter of 2026 and the third quarter of 2027.

Contact Details:

Investor Relations / Media
Brian Gallagher
EVP Investor Relations
Tel. +44-(770) 368 4996
E-mail: b.gallagher@capitalmaritime.com

Nicolas Bornozis
Capital Link, Inc. (New York)
Tel. +1-212-661-7566
E-mail: ccec@capitallink.com


FAQ

What vessels will CCEC add to its fleet between 2026 and 2027?

CCEC will add 16 new vessels: 6 LNG carriers, 6 dual-fuel medium gas carriers, and 4 handy liquid CO2/multi-gas carriers between Q1 2026 and Q3 2027.

How many vessels are currently in CCEC's fleet?

CCEC currently operates 18 vessels, consisting of 12 latest generation LNG carriers and 6 Neo-Panamax container vessels.

What vessels is CCEC planning to sell by Q1 2025?

CCEC plans to sell three Neo-Panamax container vessels by the first quarter of 2025.

What decisions were made at CCEC's 2024 Annual Meeting of Shareholders?

At the December 5th, 2024 meeting, shareholders re-elected eight directors until the 2025 Annual Meeting and ratified Deloitte as the independent public accounting firm for fiscal year 2024.