Capital Clean Energy Carriers clinches long-term charters for LNG/C newbuilds

Capital Clean Energy Carriers clinched long-term employment for a pair of 174,000 cubic meters LNG/Cs currently under construction at Hyundai Samho.

The Nasdaq-listed company expects the vessels to be delivered in the first quarter of 2027.

The Greece-based owner of ocean-going vessels said the vessel Athlos has been chartered for a firm period of five years, with an additional five-year option at the charterer’s discretion.

The second vessel to be named Archon has been chartered for a firm period of seven years, also with a five-year optional extension to a major energy company.

The commencement of the charters will occur upon each vessel’s delivery from the shipyard.

CCEC highlighted the fact that under both charter agreements the company maintains the right to substitute other latest generation LNG/Cs from its fleet to perform in place of either the LNG/C Athlos or the LNG/C Archon.

Meanwhile, on January 30 the Axios II, an LNG/C vessel, commenced its seven-year bareboat charter, with the charterer having the option to extend the bareboat charter by an additional three years.

With the latest deals CCEC now has an average