Becoming the Reference Owner in Gas Transportation
Two years ago, the Company was a Nasdaq-listed MLP with a mixed fleet and a legacy containership business. Since then, it has undergone a significant transformation – renaming itself, refinancing, converting to a corporation in August 2024 and gradually exiting its containership exposure. Just one container vessel remains, chartered through 2033 with an option extending to 2039. The 14 that divested generated $814.3million in proceeds, which have been redeployed into gas transportation assets.
Today, twenty high-specification vessels are on the water, including 15 latest-generation dual-fuel 174,000-cbm LNG carriers. Fully delivered, the fleet will comprise 21 LNG carriers, 6 medium gas carriers and 4 liquefied CO2carriers, with an average age below 3 years.
CCEC vision is simple: wants to be the reference owner of the gas transportation vessels
