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

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]