Capital Clean Energy Carriers Corp. (CCEC) has recorded another strong quarter, confirming its momentum in the liquefied natural gas transportation sector.
With significant profit growth, an improved charter program and continued investment activity in modern vessels, the company continues to implement its strategy of transitioning to an LNG-focused fleet.
Recent capital restructuring and corporate governance moves further strengthen CCEC’s position in the rapidly evolving global natural gas market.
Performance
Capital Clean Energy Carriers Corp. (CCEC) reported strong profitability in the third quarter of 2025, according to its financial results.
The NASDAQ-listed shipping company reported net income of 23.1 million dollars, compared to 16.1 million in the same quarter of 2024, an increase of 43.5%.
Revenues stood at 99.5 million, compared to 102.4 million last year, with the decrease attributable to periods of downtime of the LNG carriers “Aristos I” and “Aristidis I” due to five-year special inspections.
This impact was partially offset by the commencement of a long-term charter of the “Axios II”.
Total expenses amounted to 49.5 million dollars (up from 46.9 million), with ship operating costs increasing to 20.5 million dollars due to inspections.
Depreciation and amortization remained flat at 23.1 million dollars, while general and administrative expenses decreased to 3.6 million from 4.7 million.
A significant improvement was recorded in financial expenses, which decreased to 26.9 million dollars from 39.5 million dollars, due to lower debt and lower borrowing costs.
On October 22, 2025, the company’s Board of Directors declared a cash dividend of 0.15/share for the third quarter of 2025, payable on November 13, 2025, to shareholders of record on November 3, 2025.
The company’s CEO, Jerry Kalogiratos, highlighted that the third quarter of 2025 was another period of high performance and strategic successes for the company.
He added that CCEC secured a long-term charter for another LNG carrier under construction, ahead of its delivery, further enhancing the diversification of its customer base.
The total duration of the outstanding contracts now stands at 6.9 years, with contracted revenues of 3 billion dollars, enhancing the visibility of future cash flows.
He also added that financing for six DF MGCs and four LCO2/multi-gas carriers has been completed, confirming the company’s flexibility and commitment to its investment plan.
Για να εμφανίζονται περισσότερα άρθρα της Ναυτεμπορικής στις αναζητήσεις σας εύκολα και γρήγορα, πρέπει να προσθέσετε το site στις προτιμώμενες πηγές σας. Μπορείτε να το κάνετε πηγαίνοντας εδώ.
