Capital Clean Energy Carriers Names Martin Houston Chairman as LNG Market Poised for 50% Growth
Capital Clean Energy Carriers named Martin Houston Chairman, with veteran Keith Forman shifting to Vice-Chairman after guiding the 14-vessel LNG fleet pivot. The company plans a 32-vessel high-spec gas fleet by early 2029 as global LNG shipping capacity is forecast to grow 50% over five years.
1. Leadership Transition
Capital Clean Energy Carriers appointed Martin Houston as Chairman, with Keith Forman moving to Vice-Chairman after eight years in the top role. Houston’s 46-year career includes leadership positions at BG Group, Tellurian and Energean, equipping him to steer the company’s LNG shipping strategy.
2. Fleet Profile and Expansion Plans
The company’s in-service fleet comprises 14 high-spec vessels—12 latest-generation LNG carriers, one handy LCO2/multi-gas carrier and one legacy container ship—and it has 18 gas carriers under construction. Deliveries of nine additional LNG carriers, six dual-fuel medium gas vessels and three multi-gas carriers are scheduled between Q2 2026 and Q1 2029, bringing the total fleet to 32 vessels.
3. Market Outlook
Global LNG shipping capacity is projected to increase by 50% over the next five years, driven by rising gas demand and energy transition dynamics. The strengthened board leadership and expanded fleet position the company to capture growth in the international gas transportation market.