Capital Clean Energy Carriers Corp. Announces the Sale of a Neo-Panamax 13,312 TEU Container Vessel and Secures Financing for Six Dual Fuel Medium Gas Carriers
Capital Clean Energy Carriers Corp. (NASDAQ: CCEC) has announced two significant developments: the sale of M/V Manzanillo Express container vessel and securing financing for six Dual Fuel Medium Gas Carriers (MGCs).
The sale of the 13,312 TEU container vessel is expected to generate a $6.9 million book gain, with proceeds used to reduce $90.4 million in debt. This sale aligns with CCEC's strategic shift toward gas transportation, having sold 13 container vessels since February 2024 for approximately $694.2 million.
The company secured a seven-year financing arrangement for six DF MGCs under construction, with total financing of $310.1 million, potentially increasing to $376.6 million if long-term employment is secured. The vessels include four 45,000 CBM and two 40,000 CBM carriers, scheduled for delivery between Q2 2026 and Q3 2027.
Capital Clean Energy Carriers Corp. (NASDAQ: CCEC) ha annunciato due sviluppi importanti: la cessione della portacontainer M/V Manzanillo Express e l'ottenimento del finanziamento per sei Dual Fuel Medium Gas Carriers (MGC).
La vendita della portacontainer da 13.312 TEU dovrebbe generare un utile contabile di 6,9 milioni di dollari; i proventi serviranno a ridurre un indebitamento di 90,4 milioni di dollari. Questa operazione si inserisce nella strategia di CCEC di spostarsi verso il trasporto di gas: dall'inizio di febbraio 2024 l'azienda ha venduto 13 navi portacontainer per circa 694,2 milioni di dollari.
La società ha ottenuto un finanziamento quinquennale di sette anni (nota: durata sette anni) per sei DF MGC in costruzione, per un totale di 310,1 milioni di dollari, con la possibilità di salire a 376,6 milioni di dollari se verranno assicurati contratti di impiego a lungo termine. Le unità comprendono quattro portatori da 45.000 CBM e due da 40.000 CBM, con consegne previste tra il secondo trimestre 2026 e il terzo trimestre 2027.
Capital Clean Energy Carriers Corp. (NASDAQ: CCEC) ha anunciado dos novedades importantes: la venta del portacontenedores M/V Manzanillo Express y la obtención de financiación para seis Dual Fuel Medium Gas Carriers (MGC).
La venta del buque de 13.312 TEU se espera que genere una ganancia contable de 6,9 millones de dólares, y los ingresos se destinarán a reducir una deuda de 90,4 millones de dólares. Esta operación coincide con el giro estratégico de CCEC hacia el transporte de gas; desde febrero de 2024 la compañía ha vendido 13 portacontenedores por aproximadamente 694,2 millones de dólares.
La empresa aseguró un acuerdo de financiación a siete años para seis DF MGC en construcción, por un total de 310,1 millones de dólares, cifra que podría aumentar a 376,6 millones de dólares si se consiguen contratos de empleo a largo plazo. Los buques incluyen cuatro unidades de 45.000 CBM y dos de 40.000 CBM, con entregas previstas entre el segundo trimestre de 2026 y el tercero de 2027.
Capital Clean Energy Carriers Corp. (NASDAQ: CCEC)가 두 가지 주요 소식을 발표했습니다: 컨테이너선 M/V Manzanillo Express 매각과 여섯 척의 듀얼 연료 미디엄 가스 캐리어(MGC)에 대한 자금 조달 확보입니다.
13,312 TEU 규모의 해당 컨테이너선 매각으로 약 690만 달러(6.9 million)의 회계상 이익이 발생할 것으로 예상되며, 매각 대금은 9,040만 달러의 부채 상환에 사용됩니다. 이 거래는 CCEC가 가스 수송으로 전략을 전환하는 가운데 이루어졌으며, 2024년 2월 이후 컨테이너선 13척을 약 6억9,420만 달러(694.2 million)에 매각했습니다.
회사는 건조 중인 6척의 DF MGC에 대해 7년 만기의 금융 약정을 확보했으며 총 자금 규모는 3억1,010만 달러, 장기 운항 계약 확보 시 3억7,660만 달러까지 늘어날 수 있습니다. 선박 구성은 45,000 CBM 4척과 40,000 CBM 2척이며, 인도 예정 시기는 2026년 2분기부터 2027년 3분기 사이입니다.
Capital Clean Energy Carriers Corp. (NASDAQ: CCEC) a annoncé deux nouvelles importantes : la vente du porte-conteneurs M/V Manzanillo Express et l'obtention d'un financement pour six Dual Fuel Medium Gas Carriers (MGC).
La vente du navire de 13 312 EVP devrait générer une plus-value comptable de 6,9 millions de dollars, les recettes étant destinées à réduire une dette de 90,4 millions de dollars. Cette opération s'inscrit dans l'orientation stratégique de CCEC vers le transport de gaz : depuis février 2024, la société a cédé 13 porte-conteneurs pour environ 694,2 millions de dollars.
La société a obtenu un montage financier sur sept ans pour six DF MGC en construction, pour un financement total de 310,1 millions de dollars, susceptible d'atteindre 376,6 millions de dollars si des contrats d'exploitation à long terme sont conclus. Les navires comprennent quatre unités de 45 000 m3 et deux de 40 000 m3, avec des livraisons prévues entre le deuxième trimestre 2026 et le troisième trimestre 2027.
Capital Clean Energy Carriers Corp. (NASDAQ: CCEC) hat zwei bedeutende Entwicklungen bekanntgegeben: den Verkauf des Containerschiffs M/V Manzanillo Express und die Finanzierung für sechs Dual Fuel Medium Gas Carrier (MGC).
Der Verkauf des 13.312 TEU-Containerschiffs wird voraussichtlich einen Buchgewinn von 6,9 Millionen US-Dollar bringen; die Erlöse sollen zur Reduzierung von 90,4 Millionen US-Dollar an Schulden verwendet werden. Dies entspricht der strategischen Ausrichtung von CCEC auf den Gastransport; seit Februar 2024 hat das Unternehmen 13 Containerschiffe für rund 694,2 Millionen US-Dollar verkauft.
Das Unternehmen sicherte eine siebenjährige Finanzierung für sechs im Bau befindliche DF MGCs in Höhe von insgesamt 310,1 Millionen US-Dollar, die auf 376,6 Millionen US-Dollar steigen könnte, wenn langfristige Charterverträge abgeschlossen werden. Die Flotte umfasst vier 45.000 CBM- und zwei 40.000 CBM-Schiffe mit Lieferungen zwischen dem zweiten Quartal 2026 und dem dritten Quartal 2027.
- None.
- Outstanding debt of $90.4 million to be partially addressed with sale proceeds
- Significant capital expenditure commitments for multiple vessels under construction
Insights
CCEC continues strategic pivot to gas carriers, selling another container vessel while securing $310.1M financing for six new gas carriers.
CCEC's announcement represents a significant milestone in their strategic transformation from container shipping to gas transportation. The sale of M/V Manzanillo Express for a
More importantly, the company has secured substantial financing of
The strategic pivot aligns with growing demand for cleaner energy transportation solutions. CCEC is positioning itself at the intersection of traditional LNG transport and emerging energy transition commodities. After this sale, CCEC will retain just two 13,000 TEU container vessels (both secured on long-term charters through 2033), while building an impressive portfolio of specialized gas carriers, including LNG carriers, medium gas carriers, and LCO2/multi-gas carriers.
The ability to secure financing in the current market environment speaks to management's execution capabilities and the attractiveness of their asset portfolio. The loan terms, with modest quarterly installments relative to the loan amount, create a manageable debt service profile while maintaining financial flexibility. The debt will be used to fund CCEC's ambitious newbuilding program spanning 16 vessels to be delivered between 2026-2027.
ATHENS, Greece, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Capital Clean Energy Carriers Corp. (the “Company,” “CCEC”, “we” or “us”) (NASDAQ: CCEC), an international owner of ocean-going vessels, is pleased to announce:
- The sale of M/V Manzanillo Express to a third party for an expected book gain of
$6.9 million ; and - Securing of financing of all six Dual Fuel (“DF”) Medium Gas Carriers (“MGC”) under construction.
Sale of a 13,312 TEU Container Vessel
On August 7, the Company signed a memorandum of agreement for the sale of M/V Manzanillo Express (142,411 DWT / 13,312 TEU, hybrid scrubber-fitted, eco container vessel, built 2022, Hyundai Samho Industries Co. Ltd, South Korea). The vessel is expected to be delivered to its new owner during the third quarter of 2025.
The Company expects to record a gain of approximately
Upon completion of this transaction, CCEC will have only two remaining 13,000 TEU container vessels - both on long term time charters through 2033, with options to extend to 2039.
This vessel sale aligns with the Company’s strategic plan, announced in November 2023, to shift its strategic focus towards the transportation of various forms of gas to industrial customers, including liquefied natural gas (“LNG”) and emerging new commodities in connection with the energy transition. Since February 2024, CCEC has sold or agreed to sell 13 container vessels, including the M/V Manzanillo Express, generating expected gross proceeds of approximately
Secured Financing for Four DF 45,000 cbm MGCs and Two DF 40,000 cbm MGCs
On August 13, the Company entered into a seven-year financing arrangement for all six of its DF MGCs under construction. The relevant vessels include M/T Aristogenis, M/T Aridaios, M/T Aratos, M/T Agenor (45,000 CBM, DF LPG, Hyundai Mipo Dockyard Co. Ltd., South Korea), and M/T Andrianos and M/T Anios (40,000 CBM, DF LPG, Nantong CIMC Sinopacific Offshore & Engineering Co. Ltd, PRC). The total expected financing amount is
MGCs Financing Summary in USD million1:
| Vessel Name | Cubic Meters (“CBM”) | Scheduled Delivery | Financing Amount | Quarterly Instalment | Balloon | |||
| Base | Increased | Base | Increased | Base | Increased | |||
| Aristogenis | 45,000 | Q2 2026 | 54.7 | 66.4 | 0.7 | 0.8 | 35.5 | 43.2 |
| Aridaios | 45,000 | Q3 2026 | 54.7 | 66.4 | 0.7 | 0.8 | 35.5 | 43.2 |
| Aratos | 45,000 | Q1 2027 | 54.7 | 66.4 | 0.7 | 0.8 | 35.5 | 43.2 |
| Agenor | 45,000 | Q2 2027 | 54.7 | 66.4 | 0.7 | 0.8 | 35.5 | 43.2 |
| Andrianos | 40,000 | Q1 2027 | 45.7 | 55.5 | 0.6 | 0.7 | 29.7 | 36.1 |
| Anios | 40,000 | Q3 2027 | 45.7 | 55.5 | 0.6 | 0.7 | 29.7 | 36.1 |
| TOTAL | 310.1 | 376.6 | 3.9 | 4.7 | 201.6 | 244.8 | ||
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 15 high specification vessels, including 12 latest generation LNG/Cs and three legacy Neo-Panamax container vessels, one of which is expected to be sold during the third 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 LCO2/multi-gas carriers, to be delivered between the first quarter of 2026 and the third quarter of 2027.
For more information about the Company, please visit: www.capitalcleanenergycarriers.com
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1 Increased amount available if long-term employment of minimum three years is secured up to two years post vessel delivery.
Forward-Looking Statements
The statements in this press release that are not historical facts, including, among other things, statements related to CCEC’s ability to pursue growth opportunities and CCEC’s expectations or objectives regarding future vessel deliveries and charter rate expectations, are forward-looking statements (as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended). These forward-looking statements involve risks and uncertainties that could cause the stated or forecasted results to be materially different from those anticipated. For a discussion of factors that could materially affect the outcome of forward-looking statements and other risks and uncertainties, see “Risk Factors” in our annual report filed with the SEC on Form 20-F for the year ended December 31, 2024, filed on April 17, 2025. Unless required by law, CCEC expressly disclaims any obligation to update or revise any of these forward-looking statements, whether because of future events, new information, a change in its views or expectations, to conform them to actual results or otherwise. CCEC does not assume any responsibility for the accuracy and completeness of the forward-looking statements. You are cautioned not to place undue reliance on forward-looking statements.
Contact Details: Investor Relations / Media
| Brian Gallagher | |
| EVP Investor Relations | |
| Tel. +44 (770) 368 4996 | |
| E-mail: b.gallagher@capitalmaritime.com | |
| Nicolas Bornozis | Markella Kara |
| Capital Link, Inc. (New York) | E-mail: ccec@capitalink.com |
| Tel. +1-212-661-7566 | |
| E-mail: ccec@capitallink.com | |
FAQ
What is the expected gain from CCEC's sale of M/V Manzanillo Express?
How much financing has CCEC secured for its new Dual Fuel Medium Gas Carriers?
When will CCEC's new Medium Gas Carriers be delivered?
How many container vessels has CCEC sold since February 2024?
What is CCEC's new strategic focus?
