Capital Clean Energy Orders Three Latest-Spec LNG Carriers for $769.5M Delivering 2028-29
Capital Clean Energy Carriers has ordered three latest-spec LNG carriers from Hyundai Samho at an en-bloc price of $769.5 million, with one delivery in Q3 2028 and two in Q1 2029. The order boosts the fleet to 12 in-service vessels and nine on order, with $3.0 billion contracted revenue.
1. Capital Clean Energy Orders Three Advanced LNG Carriers
Capital Clean Energy Carriers Corp. has placed an en-bloc order valued at $769.5 million for three next-generation LNG carriers at HD Hyundai Samho in South Korea, with one vessel due in Q3 2028 and two in Q1 2029. The vessels feature enhanced fuel-consumption profiles and reduced boil-off rates, positioning them among the world’s most efficient LNG carriers. This purchase brings the company’s total LNG fleet to 21 vessels—12 operational LNG carriers and nine on order—complemented by 10 additional gas carriers (four multi-gas and six dual-fuel medium gas carriers) set for delivery between Q1 2026 and Q1 2029. Combined contracted revenue stands at approximately $3.0 billion, with an average remaining charter duration of 6.9 years, underpinning the firm’s disciplined growth strategy through a balanced mix of long-term charters and open-market capacity.
2. Woodside Finalizes Long-Term LNG Supply Deal with BOTAS
Woodside Energy has signed a binding agreement to supply around 5.8 billion cubic meters of liquefied natural gas annually to Turkey’s state-owned BOTAS for up to nine years, commencing in 2030. This transaction secures a new off-take channel for Woodside’s growing LNG portfolio and supports BOTAS’s strategy to diversify Turkey’s gas imports ahead of peak winter demand. The deal aligns with projected expansions in global LNG liquefaction capacity—from 493 million tonnes per annum today to at least 649 mtpa by 2030—and underscores Turkey’s commitment to bolster energy security through long-term supply contracts.