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Capital Clean Energy Carriers Corp. Takes Delivery of the World’s First 22,000 cbm Liquid CO2/Multi-Gas Carrier “Active”

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Capital Clean Energy Carriers (NASDAQ: CCEC) announced delivery of the world’s first 22,000 cbm low‑pressure liquid CO2 (LCO2)/multi‑gas carrier, the Active, from Hyundai Mipo Dockyard on January 6, 2026. Active is the first of four sister 22,000 cbm LCO2/multi‑gas vessels and won the Lloyd’s List Greek Shipping 2025 Ship of the Year award. The ship can carry LCO2, LPG, ammonia and selected petrochemicals and will start a 6‑month time charter (option for +6 months) transporting LPG. Financing included $29.4M cash and a 12‑year ECA‑backed loan of $48.9M (48 quarterly instalments of $0.6M and an $18.0M balloon due Jan 2033). IEA data cited: capture capacity ~50M t/yr today vs ~430M t/yr by 2030.

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Positive

  • First‑mover with 22,000 cbm LCO2 carrier
  • Multi‑cargo capability: LCO2, LPG, ammonia, petrochemicals
  • Immediate 6‑month charter with a +6‑month option
  • Acquisition financed with $29.4M cash plus $48.9M ECA loan

Negative

  • ECA loan has an $18.0M balloon payment due Jan 2033
  • Short initial employment: 6 months (extension optional)
  • Quarterly debt service of $0.6M for 48 instalments

News Market Reaction – CCEC

-2.80%
-2.80% Session close to close

In the Jan 6 session, CCEC declined 2.80%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights delivery of the world’s first 22,000 cbm low-pressure LCO2/multi-gas ca...
Analysis

This announcement highlights delivery of the world’s first 22,000 cbm low-pressure LCO2/multi-gas carrier and its immediate employment under a time charter. It fits CCEC’s broader move from containers to gas and energy-transition shipping seen in recent LNG carrier orders and vessel sales. Key factors to monitor include additional charters for this series, utilization across LPG and LCO2 trades, and how the $48.9 million ECA-backed financing and potential $7.5 million add-on affect balance-sheet flexibility.

Key Figures

LCO2 carrier size: 22,000 cbm LCO2 carrier series: 4 vessels CCUS capture 2030: 430 million tonnes/year +5 more
8 metrics
LCO2 carrier size 22,000 cbm Capacity of the Active, low-pressure liquid CO2 carrier
LCO2 carrier series 4 vessels Number of 22,000 cbm LCO2/multi-gas carriers in HMD program
CCUS capture 2030 430 million tonnes/year Potential CO2 capture capacity by 2030 per IEA database
CCUS storage 2030 670 million tonnes/year Potential CO2 storage capacity by 2030 per IEA database
Current capture capacity 50 million tonnes/year Estimated current global CO2 capture capacity
Cash contribution $29.4 million Cash on hand used to finance acquisition of the Active
ECA-backed loan $48.9 million 12-year loan financing the Active, ECA-backed
Balloon payment $18.0 million Final balloon due with last instalment in January 2033

Historical Context

5 past events · Latest: Dec 29 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Dec 29 Fleet expansion Positive +0.5% Ordered three latest-spec LNG carriers with large contracted revenue base.
Nov 20 Asset sale Positive -2.8% Sale of large container vessel to de-risk and fund transition to gas.
Oct 30 Earnings update Neutral -4.6% Q3 2025 results with higher net income but slightly lower revenue.
Oct 22 Dividend declaration Positive +1.8% Announcement of a $0.15 per share cash dividend and DRIP details.
Oct 20 Earnings schedule Neutral -0.2% Scheduling Q3 2025 earnings release and investor conference call.

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

Pattern Detected

Recent news shows mixed price reactions: fleet expansion and dividends have often aligned with modest gains, while asset sales and earnings updates have sometimes seen short-term price weakness despite generally constructive fundamentals.

Recent Company History

Over the past few months, CCEC has accelerated its transition toward gas and energy-transition shipping. On Oct 20–30, 2025, it scheduled and reported Q3 2025 results, highlighting $99.5M revenue, $23.1M net income and a $0.15 dividend. A dividend declaration on Oct 22, 2025 coincided with a positive price move. Subsequent news on Nov 20, 2025 and Dec 29, 2025 detailed container vessel sales and significant LNG carrier orders. Today’s LCO2/multi-gas carrier delivery continues this pivot into gas-focused, energy-transition assets.

Key Terms

ccus, time charter, eca-backed loan, balloon payment
4 terms
ccus technical
"support the emerging Carbon Capture, Utilization and Storage (“CCUS”) value chain"
Carbon capture, utilization, and storage (CCUS) is a set of technologies that capture carbon dioxide emissions from power plants or industrial processes and either reuse the gas in products or inject it deep underground for long-term storage. For investors, CCUS matters because it can reduce regulatory and operational risks for emitters, create new revenue streams from reused carbon, and attract policy support or subsidies—like adding a filter and a recycling step to a factory’s emissions chain.
time charter financial
"deployed under a six-month time charter transporting LPG for an energy trading company"
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.
eca-backed loan financial
"financed with $29.4 million of cash on hand and a 12-year ECA-backed loan"
An ECA-backed loan is financing for an export or large cross-border project where a government-sponsored export credit agency guarantees or insures the lender against losses if the borrower fails to repay. Think of it as a government-backed safety net that makes banks more willing to offer cheaper, longer-term loans for international deals. For investors, that backing reduces the chance of default, can improve a borrower’s access to capital and project viability, and influences the perceived safety and pricing of related debt or equity.
balloon payment financial
"with a balloon payment of $18.0 million payable with the final instalment in January 2033"
A balloon payment is a large, single lump-sum due at the end of a loan after a schedule of smaller regular payments; think of it as making modest monthly payments like rent but owing one big bill at the finish. For investors, it matters because the borrower's ability to make or refinance that final payment affects credit risk, cash flow timing and the value of debt or equity tied to that borrower—unexpected shortfalls can cause losses or force restructuring.

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

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ATHENS, Greece, Jan. 06, 2026 (GLOBE NEWSWIRE) -- Capital Clean Energy Carriers Corp. (the “Company”, “CCEC,” “we” or “us”) (NASDAQ: CCEC), an international owner of ocean-going vessels, today announced the delivery of the world’s first 22,000 cubic meters (“cbm”) low-pressure liquid CO2 (“LCO2”) carrier, the Active, from Hyundai Mipo Dockyard Co., Ltd. (“HMD”).

The Active is the first of four 22,000 cbm LCO2/multi gas carriers under CCEC’s investment program at HMD. The vessel is designed to transport LCO2, while remaining fully competitive in the conventional handy semi-refrigerated gas carrier market. These ships feature multi-cargo capability and can carry LCO2, LPG, ammonia and selected petrochemicals, providing exceptional deployment flexibility across market cycles. With the handy semi-refrigerated gas carrier orderbook relatively limited, these vessels stand out for their versatility and optionality as they adapt to shifting market dynamics. At the same time, the series has been engineered to support the emerging Carbon Capture, Utilization and Storage (“CCUS”) value chain. As global CCUS infrastructure develops, demand for LCO2 transportation is expected to increase, positioning the Active and her sister vessels as ready-to-deploy tonnage for charterers. Based on the current pipeline of projects tracked in the International Energy Agency’s CCUS Projects Database, CO2 capture capacity could reach approximately 430 million tonnes per year by 2030, while storage capacity could rise to approximately 670 million tonnes per year over the same period. Today, global capture capacity is estimated at roughly 50 million tonnes per year. As captured CO2 volumes scale and storage sites are increasingly connected with industrial hubs, and logistics solutions—including marine transportation—are expected to play a larger role. This combination of scarce supply, multi-cargo flexibility and growing LCO2 transportation demand places CCEC in a strong first-mover position in a structurally evolving segment.

The Active recently won the Lloyd’s List Greek Shipping 2025 “Ship of the Year” Award “for opening a new chapter in future carbon transportation solutions” and for its “revolutionary tank technology and multi-cargo flexibility”.

The Active will be immediately deployed under a six-month time charter transporting LPG for an energy trading company, with an option to extend the charter for an additional six months. CCEC’s acquisition of these advanced vessels demonstrates the Company’s commitment to fleet diversification and to expanding its presence in the broader gas transportation sector, with a clear focus on enabling the energy transition.

The acquisition of the Active was financed with $29.4 million of cash on hand and a 12-year ECA-backed loan of $48.9 million. The loan is repayable in 48 quarterly instalments of $0.6 million, with a balloon payment of $18.0 million payable with the final instalment in January 2033. The Company may borrow an additional amount of up to $7.5 million if the vessel secures longer term employment.

Jerry Kalogiratos, Chief Executive Officer of CCEC, commented: “The delivery of Active marks another important milestone in CCEC’s development. This unique LCO2/multi-gas vessel series strategically positions CCEC to support the emerging LCO2 transportation market, while offering the flexibility to trade across established gas segments. This embedded optionality supports cash flow resilience across cycles and reflects our disciplined approach to capital allocation as we continue to build and expand our energy-transition shipping platform.”

Note to Editors
For a time-lapse construction video of Active, please click here https://youtu.be/7s739znGW8U
For additional information on the Lloyd’s List Greek Shipping 2025 “Ship of the Year” Award:
https://www.capitalcleanenergycarriers.com/news-releases/news-release-details/lco2-carrier-active-wins-lloyds-list-ship-year-award-december


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 15 high specification vessels, including 12 latest generation LNG carriers (“LNG/C”), two legacy Neo-Panamax container vessels (one of which has been agreed to be sold), and one handy LCO2/multi-gas carrier. 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


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

Source: Capital Clean Energy Carriers Corp.


FAQ

What did CCEC announce on January 6, 2026 about the Active (CCEC)?

CCEC delivered the world’s first 22,000 cbm LCO2/multi‑gas carrier, Active, the first of four sister vessels.

How was the Active acquisition financed by CCEC (CCEC)?

Financing used $29.4M cash plus a 12‑year ECA‑backed loan of $48.9M with 48 quarterly instalments of $0.6M and an $18.0M balloon in Jan 2033.

What immediate employment does Active have and for how long (CCEC)?

Active will start a six‑month time charter transporting LPG, with an option to extend for an additional six months.

What cargoes can the 22,000 cbm Active carry (CCEC)?

Active is multi‑cargo capable and can carry LCO2, LPG, ammonia and selected petrochemicals.

Why is CCEC positioning vessels like Active for the energy transition (CCEC)?

The ships support emerging CCUS logistics; IEA data cited capture capacity rising from ~50M t/yr today to ~430M t/yr by 2030.

Is Active recognized in the industry and has it won awards (CCEC)?

Yes; Active won the Lloyd’s List Greek Shipping 2025 Ship of the Year award for its tank technology and flexibility.