DealsJun 5, 2026, 09:01 AM
Capital Clean Energy Carriers Backlog Hits $3.1B with New Charters
AI Summary
Capital Clean Energy Carriers Corp. announced the delivery of two vessels, LNG Carrier Archimidis and dual-fuel medium gas carrier Aristogenis, on June 2 and June 4, 2026, respectively. The company also secured new time charter employment for three LCO2/LPG carriers and two LNG carriers, which are expected to generate approximately $87.4 million in gross revenue. As a result, CCEC's contracted revenue backlog has increased to approximately $3.1 billion, with an average remaining firm charter duration of 6.7 years, potentially reaching $4.6 billion with options.
Key Highlights
- CCEC delivered LNG Carrier Archimidis on June 2, 2026.
- CCEC delivered dual-fuel medium gas carrier Aristogenis on June 4, 2026.
- The Amadeus commenced a 12-month time charter effective May 21, 2026.
- The Alkimos is expected September 30, 2026, and fixed on a seven-month time charter.
- Five new time charters are expected to generate approximately $87.4 million in gross revenue.
- Contracted revenue backlog now stands at approximately $3.1 billion with 6.7 years average duration.
- Including options, backlog increases to approximately $4.6 billion with 9.8 years average duration.
- CCEC's in-the-water fleet includes 17 high specification vessels.
Price Impact
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