ATHENS, Greece, Jan. 21, 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 M/V Buenaventura Express (142,411 DWT / 13,696 TEU, hybrid scrubber-fitted, eco container vessel, built 2023, Hyundai Samho Industries Co. Ltd, South Korea) to her new owners on January 19, 2026. We recognized a total book gain of $4.2 million from the sale and cash proceeds were used to ...

Group 1 - The UP World LNG Shipping Index (UPI) increased by 1.44 points (0.88%), closing at 164.96 points, while the S&P 500 index decreased by 1.03% [1] - The performance of the UPI indicates a positive trend in the LNG shipping sector compared to the broader market represented by the S&P 500 [1]

Core Insights - Capital Clean Energy Carriers Corp. (CCEC) has announced the delivery of the world's first 22,000 cubic meters low-pressure liquid CO2 carrier, named Active, from Hyundai Mipo Dockyard [1][2] Group 1: Vessel Details - The Active is the first of four 22,000 cbm LCO2/multi gas carriers under CCEC's investment program, designed to transport LCO2 while remaining competitive in the conventional handy semi-refrigerated gas carrier market [2] - The vessel features multi-cargo capability, allowing it to carry LCO2, LPG, ammonia, and selected petrochemicals, providing exceptional deployment flexibility across market cycles [2] - The series is engineered to support the emerging Carbon Capture, Utilization and Storage (CCUS) value chain, with expected demand for LCO2 transportation increasing as global CCUS infrastructure develops [2] Group 2: Market Position and Awards - The Active recently won the Lloyd's List Greek Shipping 2025 "Ship of the Year" Award for its innovative tank technology and multi-cargo flexibility [3] - CCEC is positioned as a first-mover in a structurally evolving segment, with a combination of scarce supply, multi-cargo flexibility, and growing LCO2 transportation demand [2] Group 3: Financial and Operational Aspects - The Active will be deployed under a six-month time charter for transporting LPG, with an option to extend for an additional six months [4] - The acquisition of the Active was financed with $29.4 million in cash and a 12-year ECA-backed loan of $48.9 million, repayable in 48 quarterly installments of $0.6 million [5] - CCEC's CEO highlighted that the delivery of Active marks an important milestone, strategically positioning the company to support the emerging LCO2 transportation market while offering flexibility across established gas segments [6] Group 4: Fleet Composition - CCEC's fleet includes 15 high specification vessels, with ongoing construction of nine additional latest generation LNG carriers, six dual-fuel medium gas carriers, and three handy LCO2/multi-gas carriers to be delivered between 2026 and 2029 [7]

ATHENS, Greece, Dec. 29, 2025 (GLOBE NEWSWIRE) -- Capital Clean Energy Carriers Corp. (the “Company”, “CCEC”, “we” or “us”) (NASDAQ: CCEC), an international owner of ocean-going vessels, today announced it has ordered three latest technology LNG carriers (“LNG/C”) to be built at HD Hyundai Samho Co., Ltd (“Hyundai”) in South Korea, scheduled for delivery in 2028 and 2029. CCEC has secured three LNG/C berths at Hyundai, with one vessel scheduled for delivery in the third quarter of 2028 and two further deliv ...

Core Viewpoint - CanCambria Energy Corp. is advancing its operational plans for the Kiskunhalas tight-gas field, with drilling expected to commence in the second half of 2026, and has submitted a Technical Operating Plan for the Kiskunhalas Concession Area, outlining a comprehensive exploration program from 2026 to 2029 [1][5][10] Group 1: Operational Updates - The company has initiated the construction of the CC-Ba-E-2 well by installing and cementing the 20-inch conductor pipe to a depth of 72 meters [2] - A purchase order has been signed with Tenaris Silcotub for tubulars, with a deposit of US$100,000 paid, and delivery expected by June 30, 2026 [3] - Preparations for recommissioning the existing natural gas pipeline to the gas storage facility at Zsana are set to begin in early Q1 2026 [4] Group 2: Technical Operating Plan - The Technical Operating Plan for the Kiskunhalas Concession Area covers 945.9 km² (233,737 acres) and includes an exploration program that integrates an additional 2,000 acres and 12 well locations [5] - Two prospective resource assessment studies are planned, one focusing on conventional oil prospects above 2,000 meters and the other contingent on 3D seismic results targeting the deep tight-gas fairway [5][8] - Geological and geophysical studies will be conducted throughout 2026 to refine leads and prospects identified from previous seismic surveys, with a 3D seismic acquisition program planned for 2027 [8] Group 3: Strategic Partnerships and Future Plans - The company is actively seeking a strategic partner to help fund the Kiskunhalas work program, with opportunities being marketed through Raiffeisen Bank International AG [9] - The President and CEO emphasized the company's commitment to addressing Europe's energy challenges and the importance of the Kiskunhalas project in their growth strategy [10] - The company aims to provide further updates in early 2026 regarding anticipated resource size and risk profile [10]

Core Viewpoint - Capital Clean Energy Carriers Corp. has announced the sale of the M/V Buenaventura Express, aligning with its strategic shift towards gas transportation and energy transition [1][3]. Group 1: Sale Details - The memorandum of agreement for the sale was signed on October 29, 2025, with delivery expected in the first quarter of 2026 [2]. - The total expected book gain from the sale is estimated at $4.4 million, with cash proceeds aimed at reducing outstanding debt of approximately $84.4 million and for general corporate purposes [2]. Group 2: Strategic Focus - The divestment of the container vessel is part of the company's strategy to focus on transporting various forms of gas, including liquefied natural gas (LNG) and new commodities related to energy transition [3]. - Since February 2024, the company has sold or agreed to sell 14 container vessels, generating expected gross proceeds of around $814.3 million [3]. Group 3: Fleet Composition - Following the latest sale, the company will retain only one 13,312 TEU container vessel, which is under fixed employment until 2033, with options to extend until 2039 [3]. - The company's fleet includes 14 high specification vessels, comprising 12 latest generation LNG carriers and two legacy Neo-Panamax container vessels [4].

Core Insights - CanCambria Energy Corp. has announced an upgraded independent resource evaluation for the Kiskunhalas tight-gas project, increasing contingent resources to 1.1 trillion cubic feet (Tcf) of gas and 116.6 million barrels (MMbbl) of condensate [1][10] Resource Evaluation - The updated report incorporates additional land acquired through the Kiskunhalas Exploration Concession Area (KCA), which adds 2,000 acres, representing a 27% increase over the BA-IX Area [3][7] - The 2C Contingent Resources "Development Pending" sub-class has increased by 14% to 571.9 billion cubic feet (Bcf) of natural gas and 59.6 million barrels (MMbbl) of condensate/natural gas liquids [5][10] - The net present value (NPV10) for the 2C Development Pending sub-class has increased by US$200 million to approximately US$1.762 billion, assuming an 80% chance of development [8][7] Development Plans - The KCA includes 12 new wells, spaced at 40 acres, contributing to a total of 112 wells in the Kiskunhalas field development plan [9] - The company’s proprietary 3D seismic program and legacy data have significantly improved the resource characterization, enhancing the overall assessment of the project [4][10] Strategic Positioning - CanCambria holds a 100% working interest and a 98% net revenue interest across both the BA-IX mining license and KCA, positioning the company favorably for unconventional resource production [3][11] - The project is viewed as a strategic opportunity for developing a long-life gas field in Europe, aligning with the company's business model [3][11]

Financial Data and Key Metrics Changes - The net income for Q3 2025 from continued operations was reported at $23.1 million, reflecting the impact of the sale of the Manzanillo Express, which has been classified under discontinued operations [6][9] - The company maintained a fixed distribution of $0.15 per share, marking the 74th consecutive quarter of cash dividends since its listing in March 2007 [6][10] - The cash balance at the end of the quarter stood at $332.32 million, with a strong net leverage ratio below 50% [12] Business Line Data and Key Metrics Changes - The company completed the sale of one of its three remaining container vessels, leaving only two container vessels, both on long-term time charters [5][6] - The fleet now consists of 12 LNG carriers and two container vessels, with ongoing capital investment exceeding $2.3 billion in new builds [10][12] Market Data and Key Metrics Changes - The LNG market is experiencing a strong rise in expected demand due to an unprecedented surge in LNG supply growth, with several projects reaching final investment decisions (FID) [20][21] - The EU's plan to ban Russian LNG imports by 2027 is expected to positively impact LNG freight demand, requiring longer voyages from the U.S. Gulf [22][21] Company Strategy and Development Direction - The company is pivoting towards gas transportation, having sold 13 container carriers in the last 24 months [9] - The average charter duration across the fleet is 6.9 years, with a contracted revenue backlog of $2.8 billion from the LNG fleet [15][16] - The company aims to control the largest LNG carrier fleet available on the U.S. stock exchange, with strong visibility on cash flows [30][31] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in securing employment for vessels, anticipating a market inflection point between 2027 and 2028 due to increasing global energy trade [26][56] - The company is well-positioned to capitalize on the expected tightness in the LNG market, with a focus on securing long-term employment for new builds [28][91] Other Important Information - The company has secured financing for all multi-gas carriers and liquid CO2 carriers, with debt funding for all ten multi-gas carriers under construction [12][18] - The company is actively engaging in discussions for potential acquisitions, contingent on securing more employment and visibility [88][91] Q&A Session Summary Question: How do you feel these rates sit compared to the general market appetite? - The latest charter is higher than previous ones, reflecting a strong demand outlook for long-term rates in the high 80s to low 90s range [34][35] Question: What sort of impact should we expect to see on the balancing of the carrier market? - Most delays have already been priced in, and the company is well-positioned for projects starting between 2028-2030 [36][37] Question: What is different this time around regarding the resilient term charter market? - The current oversupply in the spot market contrasts with an undersupplied market expected in 2027-2028, leading to higher long-term charter rates [56][57] Question: How are discussions going in terms of renewing the vessel coming off charter in 2026? - The company is confident in securing employment for the vessel, focusing on the right type of employment [68][72] Question: What is the interest in the multi-gas carriers? - The first multi-gas carrier is expected to deliver in January, with strong interest due to its operational flexibility [76][78] Question: Should we expect an impact on the LNG market from recent U.S. sanctions? - No direct impact is expected as major LNG projects have already been sanctioned, but there may be increased trade from U.S. projects [85][87] Question: Is there any appetite for incremental acquisitions? - The company is focused on securing employment and visibility before considering further acquisitions, with a strong cash position anticipated post-new builds [88][91]

Core Insights - Capital Clean Energy Carriers Corp. (CCEC) reported quarterly earnings of $0.39 per share, exceeding the Zacks Consensus Estimate of $0.38 per share, and showing an increase from $0.28 per share a year ago, resulting in an earnings surprise of +2.63% [1] - The company posted revenues of $97.18 million for the quarter ended September 2025, which was 5.11% below the Zacks Consensus Estimate and a decrease from $103.12 million in the same quarter last year [2] - CCEC shares have increased approximately 18.1% year-to-date, outperforming the S&P 500's gain of 17.2% [3] Earnings Outlook - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $0.42 on revenues of $109.21 million, and for the current fiscal year, it is $2.11 on revenues of $427.75 million [7] Industry Context - The Transportation - Shipping industry, to which CCEC belongs, is currently ranked in the top 33% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]

Financial Performance & Highlights - Net income from continuing operations for Q3 2025 was $23.1 million[7] - The company has an average remaining charter duration of 6.9 years[7] with 100% charter coverage for 2025 and 79% for 2026[7] - Contracted revenue backlog exceeds $3.0 billion[7], with 93% or $2.8 billion from gas assets[7, 20] - Cash position is solid with $332.3 million[13, 46] (including restricted cash) as of September 30, 2025[23, 46] - Q3 2025 dividend is $0.15 per share[7] Strategic Updates - Secured employment of up to 10 years for one newbuilding LNG/Cs[7] - Financing completed for all DF MGCs and LCO2/multi-gas carriers[7] - Completed the sale of a 13,300 TEU container carrier in October 2025[7, 13] - The LNG time charter book has a contracted backlog of 93 years at an average TCE of $87,006[17], or approximately $2.8 billion of LNG/C charter revenue[17] LNG Market Dynamics - There has been a surge of Final Investment Decisions (FIDs) in 2025, with three new FIDs in Q3 and seven in total year-to-date[25] - The EU is moving towards a full ban on Russian LNG imports, potentially benefiting shipping as Russian LNG is rerouted to China and US LNG fills the gap in Europe[28, 30] - The EU imported about 17.8 million tons of Russian LNG in 2024[30] - Assuming Russian flows to China travel via Suez in winter and the Northern Sea Route in summer, the split is roughly 50:50, global LNG shipping could gain around 2% on 2024's total ton-miles[30]