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Capital Clean Energy Carriers Corp. Takes Delivery of the World's First 22,000 cbm Liquid CO2/Multi-Gas Carrier "Active"

  • Capital Clean Energy Carriers Corp. (CCEC) announced the delivery of the Active, the world's first 22,000 cbm low-pressure liquid CO2 carrier, from Hyundai Mipo Dockyard.
  • The Active is the first of four 22,000 cbm LCO2/multi-gas carriers under CCEC's investment program at HMD.
  • The vessel features multi-cargo capability to transport LCO2, LPG, ammonia, & selected petrochemicals, offering flexibility across market cycles.
  • CCEC positions the Active as ready-to-deploy tonnage to support the emerging Carbon Capture, Utilization & Storage value chain amid projected growth in CO2 capture capacity to 430 million tonnes annually by 2030.
  • The Active won the Lloyd's List Greek Shipping 2025 "Ship of the Year" Award for opening a new chapter in future carbon transportation solutions.
  • The vessel will be immediately deployed under a six-month time charter to transport LPG for an energy trading company, with an option to extend for an additional six months.
  • The acquisition was financed with $29.4 million in cash & a 12-year ECA-backed loan of $48.9 million repayable in 48 quarterly installments with a $18.0 million balloon payment in January 2033.
  • CCEC may borrow an additional $7.5 million if the vessel secures longer-term employment.
  • CCEC currently operates a fleet of 15 in-the-water vessels, including 12 latest-generation LNG carriers, two legacy Neo-Panamax container vessels, & one handy LCO2/multi-gas carrier.
  • The company has nine additional latest-generation LNG carriers, six dual-fuel medium gas carriers, & three handy LCO2/multi-gas carriers under construction for delivery between Q2 2026 & Q1 2029.