Capital Clean Energy Carriers Corp. Divests 49% Stake in LNG Carrier ("LNG/C") Amore Mio I, Forms a Joint Venture Company With an Affiliate of the BGN Group and Secures 10-Year Time Charter

Rhea-AI Summary

Capital Clean Energy Carriers (NASDAQ: CCEC) is forming a joint venture with a BGN Group affiliate to sell a 49% stake in the 2023-built LNG carrier Amore Mio I to a JV subsidiary, with closing expected in Q1 2027. The JV secured a 10-year time charter to BGN INT DMCC expected to generate up to $485.6 million aggregate revenues (including options) and could extend commercial service through 2043.

BM Capital LLC will acquire the vessel for $230 million; existing financing is expected to be refinanced upon acquisition. Post-transaction, CCEC reports 6.9 years average firm charter duration and $2.9 billion contracted revenues (rising to 9.9 years and $4.3 billion with options).

Positive

• Secured long-term 10-year charter with extensions
• Charter aggregation up to $485.6M including options
• Vessel acquisition price set at $230M
• Post-deal contracted revenues totaling $2.9B (firm)

Negative

• Existing vessel financing expected to be refinanced in Q1 2027
• Revenue concentration: Amore Mio I chartered to single counterparty BGN INT DMCC

News Market Reaction – CCEC

+1.84%

+1.84% Session close to close

In the Apr 15 session, CCEC gained 1.84%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement outlines a joint venture around LNG/C Amore Mio I with a 10-year charter plus exte...

Analysis

This announcement outlines a joint venture around LNG/C Amore Mio I with a 10-year charter plus extension options that could generate up to $485.6 million in revenue and extend charter coverage to as long as 2043. It also raises CCEC’s LNG/C contracted revenues to $2.9 billion firm and $4.3 billion including options, with average durations of 6.9 and 9.9 years. Investors may watch execution on refinancing, newbuild deliveries, and adherence to the disclosed forward‑looking risk factors.

Key Figures

Charter revenue potential: $485.6 million Vessel acquisition price: $230 million Firm contracted revenues: $2.9 billion +5 more

8 metrics

Charter revenue potential $485.6 million Aggregate revenues from 10-year charter plus options for LNG/C Amore Mio I

Vessel acquisition price $230 million Price for LNG/C Amore Mio I by BM Capital LLC in Q1 2027

Firm contracted revenues $2.9 billion CCEC LNG/C contracted revenues as of end March 2026, firm period

Contracted revenues with options $4.3 billion Total LNG/C contracted revenues if all charterer options exercised

Avg firm charter duration 6.9 years Average remaining firm charter duration for LNG/C fleet post-transaction

Avg duration incl. options 9.9 years Average remaining LNG/C charter duration if all options exercised

Q4 2025 revenue $98.3M Continuing operations revenue reported March 5, 2026

Unsecured bonds €250 million at 3.75% Unsecured bonds due 2033 priced February 20, 2026

Historical Context

5 past events · Latest: Mar 09 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Mar 09	Board leadership change	Neutral	-2.7%	Chairman transition and reiteration of fleet composition and build-out.
Mar 05	Earnings release	Positive	-5.0%	Q4 2025 results with higher net income and continued fleet investment.
Mar 02	Earnings call schedule	Neutral	+1.9%	Announcement of timing and access details for Q4 2025 call.
Feb 20	Bond offering	Neutral	+0.9%	Pricing of €250M unsecured bonds due 2033 at a 3.75% coupon.
Jan 22	Dividend declaration	Positive	+0.2%	Declaration of a $0.15 per share cash dividend and DRIP details.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent history shows mixed reactions to news: earnings and governance updates saw selling pressure, while dividends, bond pricing, and event scheduling drew mild positive responses.

Recent Company History

Over the last few months, CCEC has reported several milestones, including Q4 2025 results with $98.3M revenue and $28.4M net income, a $0.15 quarterly dividend, and pricing of €250M unsecured bonds due 2033 at a 3.75% coupon. Governance changes reshaped the board’s leadership in March 2026. Against this backdrop, today’s long-term LNG carrier joint venture and multiyear charter expand on the strategy of locking in contracted revenues and fleet growth.

Key Terms

time charter, lng carriers, lco2/multi-gas carrier, forward-looking statements, +2 more

6 terms

time charter technical

"The Joint Venture has secured a 10-year time charter (with two three-year extension options)"

A time charter is an agreement where a ship owner rents out their vessel to a customer for a set period, during which the customer has control over the ship’s use and operation. This arrangement matters to investors because it provides a steady income stream for the ship owner and indicates ongoing demand for shipping services, reflecting the health of global trade and transportation markets.

lng carriers technical

"LNG shipping sector for reputable owners operating state-of-the-art LNG carriers."

Specialized ships that carry liquefied natural gas (LNG) in insulated, pressurized tanks so gas can be transported long distances by sea like a refrigerated truck carries perishable food. They matter to investors because their availability, charter rates, and operating costs influence the price and reliability of gas supply, the profitability of energy companies, and the value of shipping firms; geopolitical events, regulation, or demand shifts can quickly change their earnings potential.

lco2/multi-gas carrier technical

"includes 12 latest generation LNG carriers (“LNG/C”), one handy LCO2/multi-gas carrier and one legacy"

A lco2/multi-gas carrier is a specialized ship designed to carry liquefied carbon dioxide and other industrial gases (such as liquefied petroleum gas, ethylene, or ammonia) in separate, temperature- and pressure-controlled tanks. Think of it as a refrigerated truck on water for gases; for investors, these vessels matter because their earnings depend on demand for transporting energy and industrial gases, freight rates, and regulatory rules around handling and emissions, making them sensitive to commodity cycles and policy changes.

forward-looking statements regulatory

"These forward-looking statements involve risks and uncertainties that could cause the stated"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

section 21e of the securities exchange act of 1934 regulatory

"as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended"

Section 21E of the Securities Exchange Act of 1934 creates a legal safe harbor for forward-looking statements — projections, plans, estimates or predictions — made by public companies, provided those statements are identified as forward-looking and accompanied by meaningful cautionary language about risks and uncertainties. For investors, it matters because it helps distinguish promotional predictions from factual disclosures and signals which optimistic forecasts carry legal protection and which risks the company has warned could affect outcomes, like a weather forecast that comes with a disclaimer about changing conditions.

form 20-f regulatory

"see “Risk Factors” in our annual report filed with the SEC on Form 20-F for the year"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ATHENS, Greece, April 15, 2026 (GLOBE NEWSWIRE) -- Capital Clean Energy Carriers Corp. (NASDAQ: CCEC) (“CCEC” or the “Company”) today announced that it has agreed to sell the LNG/C Amore Mio I (2023-built 174,000 cbm) to a subsidiary of a joint venture company (the “Joint Venture”) owned 51% by CCEC and 49% by a company affiliated with global energy trader BGN Group in the first quarter of 2027.

The Joint Venture has secured a 10-year time charter (with two three-year extension options) of the vessel to BGN INT DMCC commencing simultaneously with the acquisition of the vessel and expected to generate aggregate revenues (including all options) of up to approximately $485.6 million and extending up to 2043 if all options are exercised.

Joint Venture Structure

The Joint Venture will be effected through BM Capital HoldCo LLC, a newly formed Marshall Islands limited liability company, in which CCEC holds a 51% interest and BMarine Shipping Investment FZCO holds the remaining 49%. BM Capital LLC, a wholly owned subsidiary of BM Capital HoldCo LLC, will acquire the vessel for $230 million.

The existing financing on the vessel is expected to be refinanced upon acquisition of the vessel in the first quarter of 2027.

Jerry Kalogiratos, CEO of CCEC, commented: “This innovative transaction enables CCEC to achieve several strategic objectives simultaneously. Firstly, it highlights our ability to attract co-investment with a major energy trading partner. Secondly, securing a new long-term charter underscores the enduring strength of the LNG shipping sector for reputable owners operating state-of-the-art LNG carriers. Thirdly, the new charter enhances the diversity and quality of our charter portfolio, provides further balance sheet flexibility and strengthens cash flow visibility for our investors.”

Ozan Turgut, BGN Shipping Director commented: “We are delighted to enter into this landmark agreement with CCEC. This is a major milestone for BGN as we continue to invest in and expand our maritime operations. Taking delivery of our first LNG shipping vessel significantly enhances our fleet capacity and our ability to meet growing demand across our global customer base.

“BGN has set an ambition to increase its fleet with two new LNG vessels by 2027 and ten new LPG vessels by 2028. I’m pleased to say that taking delivery of the LNG/C Amore Mio I in early 2027 puts us firmly on track to achieve this goal.”

As a result of this transaction, as at end March 2026, CCEC will have average remaining firm charter duration for its LNG/Cs of 6.9 years and $2.9 billion in contracted revenues, which if all extension options are exercised by the charterers, would increase to average duration of 9.9 years and total contracted revenues of $4.3 billion.

About Capital Clean Energy Carriers Corp.

Capital Clean Energy Carriers Corp. (NASDAQ: CCEC), an international shipping company, is a leading platform of gas carriage solutions with a focus on energy transition. CCEC’s in-the-water fleet includes 14 high specification vessels, including 12 latest generation LNG carriers (“LNG/C”), one handy LCO2/multi-gas carrier and one legacy Neo-Panamax container vessel. In addition, CCEC’s under-construction fleet includes nine additional latest generation LNG/Cs, six dual-fuel medium gas carriers and three handy LCO2/multi-gas carriers, to be delivered between the second quarter of 2026 and the first quarter of 2029.

For more information about the Company, please visit: www.capitalcleanenergycarriers.com

About the BGN Group

BGN is the 6th largest independent energy and commodities trading group and a leader in transition fuels and cleaner energies. With over 8 decades experience in the energy sector, BGN trades, distributes, stores and finances energy solutions globally, handling approximately 65 million metric tons of commodities annually. BGN is present throughout the energy value chain, having established strong partnerships with refineries, producers, state oil companies and leading industrial and petro-chemical companies.  

Learn more at bgn-int.com.  

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)
Tel. +1-212-661-7566
E-mail: ccec@capitallink.com

FAQ

What did CCEC announce about the Amore Mio I sale and joint venture on April 15, 2026?

CCEC agreed to sell a 49% stake in Amore Mio I to a BGN affiliate via a JV, closing in Q1 2027. According to the company, the JV will acquire the vessel for $230 million and operate under a long-term charter.

How long is the time charter for Amore Mio I and what revenues does it expect to generate for CCEC?

The JV secured a 10-year time charter with two three-year options, potentially extending to 2043. According to the company, aggregate revenues including options could reach $485.6 million.

How does the Amore Mio I transaction affect CCEC's contracted revenue and charter duration?

After the transaction CCEC reports $2.9 billion in contracted revenues and 6.9 years average duration. According to the company, exercising all options would raise totals to $4.3 billion and 9.9 years.

What ownership stake will CCEC retain in the joint venture for Amore Mio I (CCEC symbol)?

CCEC will hold a 51% interest in the joint venture (BM Capital HoldCo LLC). According to the company, a BGN-affiliated entity will own the remaining 49%.

Will the Amore Mio I transaction require refinancing and when will that occur?

The company expects the vessel's existing financing to be refinanced upon acquisition in the first quarter of 2027. According to the company, refinancing is planned to coincide with the JV takeover.