Greece-headquartered transport participant Capital Clear Vitality Carriers Corp. (CCEC) has tasked South Korea’s HD Hyundai Samho (Hyundai) to assemble three liquefied pure gasoline (LNG) carriers (LNGC) set for supply in 2028 and 2029.
CCEC has secured three LNGC berths at Hyundai, with one vessel scheduled for supply within the third quarter of 2028 and two additional deliveries within the first quarter of 2029. The en-bloc shipbuilding value of those vessels is $769.5 million. The corporate has paid by December 29, 2025, $386.1 million upfront to shipyards in direction of the acquisition of its under-construction fleet.
The vessels, which have been designed to include a number of upgrades of their specification, are anticipated to rank amongst essentially the most environment friendly LNGCs within the international fleet by way of gas consumption and boil-off charges. With its newest order for 3 further vessels, the corporate claims to reaffirm its strategic place as the most important U.S. listed LNG transport firm with 12 LNGCs at present within the water and 9 on order.
The transport participant’s newbuilding deliveries span from the third quarter of 2026 to the primary quarter of 2029, which coincides with the anticipated enlargement of LNG liquefaction capability from 493 mtpa to no less than 649 mtpa by 2030.
CCEC has on order an extra ten gasoline carriers, together with 4 useful LCO2/multi-gas carriers and 6 dual-fuel medium gasoline, with deliveries beginning within the first quarter of 2026. The agency’s fleet advantages from roughly $3 billion of contracted income and a median remaining constitution period of 6.9 years.
Jerry Kalogiratos, CEO of CCEC, commented: “I consider that we’ve got secured enticing pricing and fee phrases for state-of-the-art, excessive specification vessels, whose deliveries we count on to coincide with elevated demand for LNG transport from quite a lot of LNG tasks which are anticipated to return on-line on this timeline.
“Notably, this transaction permits CCEC to selectively contract essentially the most enticing specification LNG/Cs for charterers, to be delivered on the most undersupplied a part of the ahead curve.”
CCEC’s in-the-water fleet consists of 14 excessive specification vessels, together with 12 newest technology LNGCs and two legacy Neo-Panamax container vessels, considered one of which has been agreed to be bought.
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