Capital Clean Energy Carriers (NASDAQ: CCEC) adds three LNG ships
Rhea-AI Filing Summary
Capital Clean Energy Carriers Corp. is expanding its LNG shipping fleet by ordering three latest-technology LNG carriers from HD Hyundai Samho in South Korea, with one vessel scheduled for delivery in the third quarter of 2028 and two in the first quarter of 2029. The en-bloc shipbuilding price for these three vessels is $769.5 million.
After this order, the company highlights a platform of 12 LNG carriers currently operating and nine LNG newbuilds on order, alongside 10 additional gas carriers, including handy LCO2/multi-gas and dual-fuel medium gas carriers. It reports approximately $3.0 billion of contracted revenue with an average remaining charter duration of 6.9 years, and a revised total CAPEX schedule of $2,438.6 million, of which $386.1 million has already been paid in advances toward its under-construction fleet.
Positive
- None.
Negative
- None.
Insights
CCEC commits to large LNG fleet build-out backed by long-term charters.
Capital Clean Energy Carriers Corp. is deepening its focus on LNG shipping by ordering three additional latest-technology LNG carriers for an en-bloc price of
The company outlines a total CAPEX plan of
Management describes the transaction as “opportunistic” and emphasizes pricing, payment terms, and high vessel specifications as key attributes. Future disclosures on charter coverage for these new LNG carriers, and updates to the CAPEX schedule as deliveries progress between the third quarter of
FAQ
What fleet expansion did CCEC announce in this 6-K filing?
Capital Clean Energy Carriers Corp. (CCEC) announced it has ordered three latest-technology LNG carriers from HD Hyundai Samho Co., Ltd in South Korea, with one delivery scheduled in the third quarter of 2028 and two in the first quarter of 2029.
How much will CCEC spend on the three new LNG carriers?
The company states that the en-bloc shipbuilding price for the three LNG carriers is $769.5 million, reflecting the combined construction cost of these vessels.
What is CCEC’s total capital expenditure plan after this LNG order?
CCEC provides a revised CAPEX schedule totaling $2,438.6 million across its LNG newbuilds and gas fleet, spread from the fourth quarter of 2025 through the first quarter of 2029.
How much contracted revenue and charter duration does CCEC report?
The company reports that its fleet benefits from approximately $3.0 billion of contracted revenue and an average remaining charter duration of 6.9 years, which supports its ongoing expansion strategy.
How many LNG carriers and gas vessels does CCEC have in operation and on order?
CCEC notes it has 12 LNG carriers currently in the water and nine LNG carriers on order, as well as 10 additional gas carriers on order, including four handy LCO2/multi-gas carriers and six dual-fuel medium gas carriers.
How much has CCEC already paid toward its under-construction fleet?
As of December 29, 2025, Capital Clean Energy Carriers Corp. reports having paid $386.1 million in advance to shipyards toward the acquisition of its under-construction fleet.