Capital Maritime-backed Clean Energy Carriers (CCEC) agreed the sale of one of its three Neo-Panamax containerships and lined up financing for its newbuilding medium gas carrier (MGC) programme.
The Greek owner mentioning Nasdaq has reached a deal to sell the 13,312 TEU, 2022-built Manzanillo Express to an undisclosed buyer. Delivery is expected in the third quarter of 2025. The deal will generate an estimated book gain of $6.9 million, with the proceeds earmarked for debt reduction and general corporate use.
After the sale, CCEC will retain two 13,000 TEU boxships on long-term time charters running until 2033, with options extending to 2039. The disposal is part of the company’s strategic shift away from container shipping towards gas transportation, a move first flagged in November 2023. Since February 2024, the company has sold or agreed to sell 13 boxships, raising around $694M for gas restarts.
In parallel, CCEC has secured a seven-year financing package for its six dual-fuel MGC newbuildings. The arrangement covers four 45,000 CBM LPG carriers under construction at Hyundai Mipo Dockyard and two 40,000 CBM units at Nantong CIMC SOE. The deal provides $310.1M in funds, with scope to increase to $376.6 million if long-term employment is secured. Pre-delivery financing is also included.
The Athens-based company currently operates 15 vessels: 12 LNG carriers and three containerships. Its orderbook stands at six LNG carriers, six dual-fuel MGCs and four handy LCOâ‚‚/Multigas carriers, all due between 2026 and 2027.
Adis is an experienced news reporter with expertise in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of the International Federation of Journalists. He had previously written for titles of Navingo Media Group including Offshore Energy, Subsea World News and Marine Energy.
August 25, 2025
August 25, 2025
August 25, 2025
August 25, 2025
August 25, 2025
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