Marinakis’ CCEC left with only one boxship after latest sale

Greece’s Capital Clean Energy Carriers Corp. (CCEC) has agreed to divest to an undisclosed third party the 13,312-teu hybrid scrubber-fitted container vessel Buenaventura Express (142,411-dwt), built in 2023, Hyundai Samho Industries in South Korea.

The Nasdaq-listed company inked on October 29 a memorandum of agreement for the sale of the vessel, which is expected to be delivered to her new owners during the first quarter of 2026.

The firm, controlled by Greek owner Evangelos Marinakis, said the total expected book gain from the sale is estimated at $4.4m. Cash proceeds will be used to pay down outstanding debt, estimated at $84.4m and for general corporate purposes.

Since February 2024, CCEC has sold or agreed to sell 14 container vessels, including the Buenaventura Express, generating expected gross proceeds of approximately $814.3m.

Upon completion of the latest sale, the company will retain only one 13,312-teu container vessel in its fleet, which is on fixed employment through 2033, with options to extend up to 2039.

“The divestment of this additional container vessel is consistent with the company’s stated strategy to shift our strategic focus towards the transportation of various forms of gas to industrial customers,