Capital Clean Energy Carriers Corp. (CCEC) has announced the sale of its 2023-built Neo-Panamax container vessel M/V Buenaventura Express, marking another key step in the company’s strategic divestment from the container segment and deeper shift toward gas-focused shipping solutions.
The 13,312 TEU eco-design vessel, equipped with a hybrid scrubber and built by Hyundai Samho Industries in South Korea, was sold to an undisclosed third-party buyer. The transaction was formalized through a memorandum of agreement signed on October 29, 2025, with delivery scheduled for the first quarter of 2026.
According to the company, the sale is expected to generate a book gain of approximately USD 4.4 million. Cash proceeds will primarily go toward reducing outstanding debt—estimated at USD 84.4 million—with remaining funds earmarked for general corporate purposes.
Strategic Exit From the Container Sector
The move is fully aligned with CCEC’s long-stated strategy to transition away from the container vessel market and refocus its capital on the transportation of LNG and other emerging energy-transition commodities.
Since February 2024, the company has sold or agreed to sell 14 container vessels, including the latest divestment, generating approximately USD 814.3 million in gross proceeds. Once this sale is completed, CCEC will retain only one Neo-Panamax container vessel, which remains employed under a fixed charter through 2033, with options extending to 2039.
Strengthening Its Position in Gas Shipping
CCEC is positioning itself as a major global player in gas carriage solutions. Its operational fleet currently consists of 14 high-specification vessels, including 12 latest-generation LNG carriers and two legacy container vessels—one of which is now earmarked for sale.
The company’s orderbook underscores its gas-focused growth strategy, comprising:
- Six latest-generation LNG carriers
- Six dual-fuel medium gas carriers
- Four handy LCO₂/multi-gas carriers
These newbuilds are slated for delivery between Q1 2026 and Q3 2027, signaling a significant fleet expansion aligned with global demand for cleaner energy logistics.
Looking Ahead
CCEC’s leadership indicated that its ongoing fleet transformation is designed to align with long-term energy-transition trends and the increasing role of LNG and alternative gas commodities in the global supply chain. The company noted, however, that forward-looking expectations remain subject to market, operational, and regulatory risks.
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