Capital Clean Energy Carriers Corp. (CCEC) has announced a further expansion of its fleet with an order for three latest-generation LNG carriers, reinforcing its position in the global LNG shipping market.
The vessels will be built at HD Hyundai Samho in South Korea, with deliveries scheduled for the third quarter of 2028 and the first quarter of 2029. CCEC has secured three LNG carrier berths at the yard, with one vessel delivering in 3Q 2028 and two additional units in 1Q 2029. The en-bloc contract price for the three ships is USD 769.5 million.
According to the company, the LNG carriers feature upgraded specifications and are expected to rank among the most fuel-efficient vessels in the global LNG fleet, with improved fuel consumption and reduced boil-off rates.
With the latest order, CCEC reaffirms its status as the largest U.S.-listed LNG shipping company, operating 12 LNG carriers currently on the water and nine LNG carriers on order.
Deliveries of the newbuilding LNG fleet span from the third quarter of 2026 through the first quarter of 2029, aligning with the expected expansion of global LNG liquefaction capacity from 493 mtpa today to at least 649 mtpa by 2030.
Beyond LNG carriers, CCEC has also ordered an additional 10 gas carriers, including four handy LCOâ‚‚/multi-gas carriers and six dual-fuel medium gas carriers, with deliveries beginning in the first quarter of 2026. The company said its overall fleet is supported by approximately USD 3.0 billion in contracted revenue, with an average remaining charter duration of 6.9 years.
CCEC said its strategy remains focused on creating shareholder value by building scarcity value while maintaining commercial flexibility through a disciplined balance of contracted and open vessel capacity.
During 2025, the company secured long-term employment for three newbuilding LNG carriers and strengthened its balance sheet by recycling capital from its legacy container fleet.
Following the latest LNG carrier order, CCEC said its capital expenditure (CAPEX) schedule has been revised, with updated details to be outlined separately.
