AcquisitionsAug 3, 2026, 04:08 PM
Capital Clean Energy Carriers Takes Delivery of LNG/C 'Alcaios I'
AI Summary
Capital Clean Energy Carriers Corp. announced the successful delivery of the Liquefied Natural Gas Carrier ('LNG/C') 'Alcaios I' on July 31, 2026. The 174,000 CBM vessel immediately commenced its previously announced 18-month index-linked time charter. The acquisition was funded with cash on hand and $170.0 million from the refinancing of two existing sale and leaseback facilities for other LNG/Cs, with the new vessel added as security under the 10-year term facilities. This delivery marks the 15th latest-generation LNG/C for the company, which also has six more under construction.
Key Highlights
- LNG/C 'Alcaios I' delivered on July 31, 2026.
- Vessel capacity: 174,000 cubic meters (CBM).
- Secured 18-month index-linked time charter for 'Alcaios I'.
- Acquisition funded by cash and $170.0 million refinancing.
- Refinancing for LNG/Cs Aristos I and Aristarchos has 10-year term.
- 'Alcaios I' is the 15th latest-generation LNG/C in the fleet.
- Six additional latest-generation LNG/Cs are under construction.
- Total in-the-water fleet comprises 20 high specification vessels.
Price Impact
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