Capital Clean Energy Carriers: Higher profit in Q3

1 week ago 20

Capital Clean Energy Carriers Corp. (CCEC) has recorded different strong quarter, confirming its momentum successful the liquefied earthy state transportation sector.

With important nett growth, an improved charter programme and continued concern enactment successful modern vessels, the institution continues to instrumentality its strategy of transitioning to an LNG-focused fleet.

Recent superior restructuring and firm governance moves further strengthen CCEC’s presumption successful the rapidly evolving planetary earthy state market.

Performance

Capital Clean Energy Carriers Corp. (CCEC) reported strong profitability successful the third 4th of 2025, according to its fiscal results.

The NASDAQ-listed shipping institution reported nett income of 23.1 cardinal dollars, compared to 16.1 cardinal successful the aforesaid 4th of 2024, an summation of 43.5%.

Revenues stood astatine 99.5 million, compared to 102.4 cardinal past year, with the alteration attributable to periods of downtime of the LNG carriers “Aristos I” and “Aristidis I” owed to five-year special inspections.

This interaction was partially offset by the commencement of a semipermanent charter of the “Axios II”.

Total expenses amounted to 49.5 cardinal dollars (up from 46.9 million), with vessel operating costs expanding to 20.5 cardinal dollars owed to inspections.
Depreciation and amortization remained level astatine 23.1 cardinal dollars, while wide and administrative expenses decreased to 3.6 cardinal from 4.7 million.

A important betterment was recorded successful fiscal expenses, which decreased to 26.9 cardinal dollars from 39.5 cardinal dollars, owed to little indebtedness and little borrowing costs.

On October 22, 2025, the company’s Board of Directors declared a currency dividend of 0.15/share for the third 4th of 2025, payable connected November 13, 2025, to shareholders of grounds connected November 3, 2025.

The company’s CEO, Jerry Kalogiratos, highlighted that the third 4th of 2025 was different play of precocious show and strategic successes for the company.

He added that CCEC secured a semipermanent charter for different LNG bearer under construction, up of its delivery, further enhancing the diversification of its lawsuit base.

The total duration of the outstanding contracts present stands astatine 6.9 years, with contracted revenues of 3 cardinal dollars, enhancing the visibility of aboriginal currency flows.

He besides added that financing for six DF MGCs and 4 LCO2/multi-gas carriers has been completed, confirming the company’s flexibility and committedness to its concern plan.

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