CCEC Orders Three LNG Carriers for $769.5 Million, Deliveries in 2028-2029
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 29 2025
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Source: Newsfilter
- Order Expansion: CCEC has ordered three state-of-the-art LNG carriers from Hyundai in South Korea for a total of $769.5 million, with deliveries scheduled for the third quarter of 2028 and the first quarter of 2029, further solidifying its position as the largest US-listed LNG shipping company.
- Efficient Design: The new vessels are designed with several upgrades, expected to rank among the most efficient in the global fleet in terms of fuel consumption and boil-off rates, enhancing CCEC's competitiveness in the LNG shipping market to meet the rising demand.
- Strategic Investment: This order aligns with CCEC's expansion strategy, as the company currently operates 12 vessels and has nine more under construction, which is expected to coincide with the expansion of LNG liquefaction capacity to 649 mtpa by 2030.
- Financial Strength: CCEC's fleet boasts approximately $3.0 billion in contracted revenue with an average remaining charter duration of 6.9 years, demonstrating the company's ability to manage financial risks effectively while creating shareholder value through ongoing fleet expansion.
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Analyst Views on CCEC
Wall Street analysts forecast CCEC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CCEC is 25.50 USD with a low forecast of 25.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 21.580
Low
25.00
Averages
25.50
High
26.00
Current: 21.580
Low
25.00
Averages
25.50
High
26.00
About CCEC
Capital Clean Energy Carriers Corp is a Greece-based shipping company. The Company offers maritime services and solutions in gas carriage globally, focusing on renewable energy sources. Capital Clean Energy Carriers Corp operates a fleet of technologically equipped vessels, including liquefied natural gas (LNG) carriers and Neo-Panamax container vessels. The Company's vessels are chartered to global counterparts such as BP, Cheniere, CMA CGM, Engie, Hapag-Lloyd, Hartree, HMM, Maersk Lines, MSC, ONE, and ZIM, aiming for stable cash flows. Capital Clean Energy Carriers Corp follows policies towards greenhouse gas emissions reduction and global energy transition through shipping practices and vessel technologies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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