Marinakis’ CCEC expects LNG/C robust prospects as it clinches newbuilding financing

Nasdaq-listed Capital Clean Energy Carriers Corp. (CCEC) expects the long-term prospects for modern LNG/C vessels to remain robust given that the underlying global demand for LNG continues to be strong, with 39.02 mtpa of LNG sales and purchase agreements being signed year to date, particularly from Asian and European counterparties.

During the second quarter of 2025, the LNG shipping spot and short-term market exhibited signs of recovery.

Another dynamic during the quarter has been the record number of vessel removals, with four older vessels being sold for demolition in the second quarter, taking the 2025 year-to-date total to ten, with news around the potential sale of another two vessels circulating the market.

As a point of reference, 2024 was a record year in terms of demolitions, with a total of eight vessels sold throughout the whole calendar year.

“While we have no exposure to the spot LNG market, it is encouraging to see short-term and spot charter rates trending upward. This positive pricing environment, combined with the continued retirement of older LNG carriers, underscores the growing economic cost and regulatory pressures on legacy tonnage. We anticipate this rationalization trend to persist, further