{"success":true,"data":{"pressRelease":{"id":"25672","rtpr_id":"nGNX4Vnj3r","ticker":"CCEC","exchange":"NASDAQ","all_tickers":["CCEC","N1M"],"title":"Capital Clean Energy Carriers Corp. Announces First Quarter 2026 Financial Results","author":"Globe Newswire","published_at":"2026-05-07T12:30:01.539Z","article_body":"ATHENS, Greece, May 07, 2026 (GLOBE NEWSWIRE) -- Capital Clean Energy Carriers\nCorp. (the “Company”, “CCEC”, “we” or “us”) (NASDAQ: CCEC), an\ninternational owner of ocean-going vessels, today released its financial\nresults for the first quarter ended March 31, 2026.\n\nKey Highlights\n* Completed an offering of €250.0 million in unsecured bonds with a\nseven-year maturity listed on the Athens Exchange (“ATHEX”)\n* Agreed to divest 49% stake in the LNG/C Amore Mio I, formed a Joint Venture\ncompany with an affiliate of the BGN Group and secured a 10-year time charter\n* Took delivery of our second LCO(2)/multi-gas carrier, the Amadeus\n* Brought forward the delivery of three LNG/Cs under construction\n* Announced a dividend of $0.15 per share for the first quarter of 2026\n* Board approved $20.0 million share buyback program\nKey Financial Highlights (continuing operations)\n\n Three-month periods ended March 31, \n 2026 2025 (Decrease) / Increase \n Revenues $98.0 million $102.0 million (3.9%) \n Expenses $54.3 million $43.2 million 25.7% \n Interest expense and finance cost $23.0 million $27.8 million (17.3%) \n Net Income $18.3 million $32.7 million (44.0%) \n Average number of vessels (1) 14.0 13.0 7.7% \n\n_____________________\n(1) Average number of vessels is measured by aggregating the number of days\neach vessel was part of our fleet during the period and dividing such\naggregate number by the number of calendar days in the period.\n\nManagement Commentary\n\nMr. Jerry Kalogiratos, Chief Executive Officer of CCEC, commented:\n\n“During the first quarter, the Company continued to deliver on our strategy\nto build a leading gas transportation platform, generating both robust cash\nflows and further strengthening our financial position through a successful\nbond offering. Post quarter end, we executed an innovative transaction, which\nnot only highlighted our ability to attract a co-investment with a major\nenergy trading partner, but also enhanced the quality and diversification of\nour charter portfolio.\n\n“As a result, the average firm contract duration for our LNG/Cs stands at\n6.9 years, representing approximately $2.9 billion in contracted revenues –\nwhich increases to 9.9 years and $4.3 billion, respectively, should all\nextension options be exercised by our charterers.\n\n“The ongoing geopolitical tensions in the Middle East, particularly the Iran\nconflict, have created considerable uncertainty and disrupted across global\nenergy shipping markets. The Company’s long-term contracts and solid market\npositioning offer significant resilience amid these volatile conditions. At\nthe same time, we remain vigilant of opportunities that might develop from\nsuch volatility and with this view, we have advanced the delivery timeline of\nthree of our LNG/C newbuildings.\n\n“Last but not least, during the quarter Mr. Martin Houston was appointed as\nChairman of the Company. Mr. Houston’s extensive experience and deep\nexpertise across all aspects of the LNG value chain is expected to reinforce\nthe delivery of our strategic goals.” \n\nFleet Update\n\nOn April 30, 2026, the Company took delivery of its second LCO(2)/multi-gas\ncarrier, the Amadeus (Hyundai Mipo Dockyard Co. Ltd, 22,000 cbm). The\nacquisition of the Amadeus was financed with $21.6 million of cash on hand\nand a 5-year term loan of $50.9 million, which is repayable in 20 quarterly\ninstallments of $0.6 million, with a balloon payment of $38.1 million payable\nwith the final installment in April 2031. Under the loan, the Company may\nborrow an additional amount of up to $7.8 million, if the vessel secures\nlonger-term employment.\n\nDuring the period, we agreed with the shipyard to bring forward the delivery\nof the following three LNG/Cs currently under construction:\n\n LNG/C Current expected delivery date Previous delivery date \n Archimidis June 2026 July 2026 \n Agamemnon June 2026 January 2027 \n Alcaios I July 2026 September 2026 \n\nThe acquisition of LNG/C Archimidis is expected to be financed by cash on hand\nand a new JOLCO facility for an amount of $216.0 million with a duration of\neight years.\n\nThe acquisition of LNG/C Agamemnon is expected to be financed by cash on hand\nand a new senior secured bridge loan facility of $216.0 million. The bridge\nfacility is expected to be refinanced upon the drawdown in July 2026 of a\nJOLCO facility for an amount of $216.0 million with a duration of eight years.\n\nBoth facilities remain subject to final long form documentation.\n\nDivestment of 49% Stake in the LNG/C Amore Mio I, Formation of a Joint Venture\nCompany With an Affiliate of the BGN Group and Secured a 10-Year Time Charter\n\nOn April 15, 2026, the Company announced that it has agreed to sell in the\nfirst quarter of 2027 the LNG/C Amore Mio I (2023-built 174,000 cbm) to a\nsubsidiary of a joint venture company (the “Joint Venture”) owned 51% by\nCCEC and 49% by a company affiliated with global energy trader BGN.\n\nThe Joint Venture has secured a 10-year time charter (with two three-year\nextension options) of the vessel to BGN INT DMCC commencing simultaneously\nwith the acquisition of the vessel and expected, if all options are exercised,\nto generate aggregate revenues of up to approximately $485.6 million and\nextending up to 2043.\n\nThe Joint Venture will be effected through BM Capital HoldCo LLC, a newly\nformed Marshall Islands limited liability company, in which CCEC holds a 51%\ninterest and BMarine Shipping Investment FZCO holds the remaining 49%. BM\nCapital LLC, a wholly owned subsidiary of BM Capital HoldCo LLC, will acquire\nthe vessel for $230.0 million.\n\nThe existing financing on the vessel is expected to be refinanced upon\nacquisition of the vessel in the first quarter of 2027.\n\nUnder-Construction Fleet Update\n\nThe Company’s under-construction fleet includes nine latest-generation\nLNG/Cs (referred to below as the “Newbuild LNG/Cs”) plus six dual-fuel\nmedium gas carriers and two handy LCO(2)/multi-gas carriers (referred to below\nas the “Gas Fleet”). The following table sets out the Company’s schedule\nof expected capex payments for its under-construction fleet:\n\n Q2 26 Q3 26 Q4 26 Q1 27 Q2 27 Q3 27 Q4 27 Q1 28 Q2 28 Q3 28 Q4 28 Q1 29 Total \n Newbuild LNG/Cs 541.1 149.7 0.00 456.9 24.7 0.0 74.1 0.0 49.4 186.4 0.0 372.8 1,855.1 \n Gas Fleet 61.2 115.4 0.00 183.9 0.00 35.9 0.0 0.0 0.0 0.0 0.0 0.0 396.4 \n Total 602.3 265.1 0.00 640.8 24.7 35.9 74.1 0.0 49.4 186.4 0.0 372.8 2,251.5 \n\nOverview of First Quarter 2026 Results\n\nNet income for the quarter ended March 31, 2026, was $18.3 million, compared\nwith net income of $32.7 million for the first quarter of 2025.\n\nTotal revenues for the quarter ended March 31, 2026, were $98.0 million,\ncompared to $102.0 million during the first quarter of 2025. The decrease in\nrevenue is attributable to off-hire days incurred by LNG/Cs Adamastos and\nAristarchos while passing their five-year special survey and the higher\nearnings achieved by one of our vessels operating under a short time charter\nduring the first quarter of 2025, partly offset by the increase in the average\nnumber of vessels in our fleet following the delivery of the LCO(2)/multi-gas\ncarrier Active on January 5, 2026.\n\nTotal expenses for the quarter ended March 31, 2026, were $54.3 million,\ncompared to $43.2 million in the first quarter of 2025. Voyage expenses during\nthe first quarter of 2026 amounted to $6.2 million, compared to $1.1 million\nduring the first quarter of 2025. The increase in voyage expenses was mainly\nattributable to bunker expenses incurred by the LCO(2)/multi-gas carrier\nActive during the period from its delivery from the yard until it commenced\nits time charter employment and ballast legs associated with certain of our\nvessels passing their five-year special survey, as well as war risk insurance\npremiums paid by certain of our vessels during the first quarter of 2026.\nVessel operating expenses during the first quarter of 2026 amounted to $22.1\nmillion, compared to $16.3 million during the first quarter of 2025. The\nincrease in vessel operating expenses was mainly attributed to the costs\nincurred by the LNG/Cs that underwent their five-year special survey during\nthe period.\n\nTotal expenses for the first quarter of 2026 also include vessel depreciation\nand amortization of $22.7 million, compared to $21.8 million in the first\nquarter of 2025. The increase in depreciation and amortization during the\nfirst quarter of 2026 was attributable to the increase in the average number\nof vessels in our fleet. General and administrative expenses for the first\nquarter of 2026 amounted to $3.5 million, compared to $4.1 million in the\nfirst quarter of 2025 on the back of higher transaction costs incurred in\n2025.\n\nTotal other expenses, net for the quarter ended March 31, 2026, were $25.4\nmillion compared to $26.1 million incurred in the first quarter of 2025. Total\nother expenses, net include interest expense and finance cost of $23.0 million\nfor the first quarter of 2026, compared to $27.8 million for the first quarter\nof 2025. The decrease in interest expense and finance cost was mainly\nattributable to the decrease in the weighted average interest rate charged on\nour debt compared to the first quarter of last year.\n\nCompany Capitalization\n\nAs of March 31, 2026, total cash amounted to $546.4 million. Total cash\nincludes restricted cash of $21.0 million, which represents the minimum\nliquidity requirement under our financing arrangements.\n\nAs of March 31, 2026, the Company’s total shareholders’ equity amounted to\n$1,516.6 million, an increase of $17.2 million compared to $1,499.4 million as\nof December 31, 2025. The increase during the three-month period ended March\n31, 2026, reflects net income (including net income from discontinued\noperations) of $22.0 million, amortization associated with the equity\nincentive plan of $1.4 million, $5.7 million of common shares issued under our\nDividend Reinvestment Plan net of expenses, partly offset by dividends\ndeclared during the period for a total amount of $8.9 million and other\ncomprehensive loss of $3.0 million relating to the net effect of the\ncross-currency swap agreements we designated as an accounting hedge.\n\nAs of March 31, 2026, the Company’s total debt was $2,626.1 million compared\nto $2,454.3 million as of December 31, 2025 (including discontinued\noperations).\n\nAs of March 31, 2026, the weighted average margin on our floating debt,\namounting to $1,818.7 million, was 1.7% over SOFR and the weighted average\nall-in interest rate on our fixed-rate debt, amounting to $807.5 million, was\n4.6%.\n\nAppointment of new Chairman and new role of Vice-Chairman\n\nOn March 9, 2026, the Company announced the appointment of director Martin\nHouston as Chairman of the Company’s board of directors with Keith Forman\nmoving to a new role as Vice-Chairman.\n\nIssuance of €250.0 million unsecured bonds (ATHEX: CCECB1)\n\nOn February 25, 2026, CCEC successfully completed an unsecured bond offering\nof €250.0 million (the “Bonds”). The Bonds were admitted to trading in\nthe fixed income securities category of the Regulated Market of the Athens\nExchange (ATHEX) on February 26, 2026.\n\nThe Bonds will mature in 2033 and have a coupon of 3.75%, payable\nsemi-annually.\n\nPart of the proceeds of the Bonds were used on April 22, 2026, to prepay the\noutstanding €150.0 million unsecured bonds issued in 2021. The remaining\namount will be used to finance part of CCEC’s capital expenditure and for\ngeneral corporate purposes. Total transaction costs associated with the\noffering amounted to approximately €7.5 million.\n\nDividend Reinvestment Plan (“DRIP”)\n\nThe Company has implemented a Dividend Reinvestment Plan to provide our\nshareholders with a convenient and economical way to reinvest cash dividends\nto purchase our common shares. The DRIP is open to our existing shareholders\nand investors who will become our shareholders in the future outside of the\nDRIP. In February 2026, the Company issued 275,592 common shares under the\nDRIP at the price of $20.73 per share, gross of issuance costs.\n\nAt March 31, 2026, the total common shares outstanding was 60,113,445\n(excluding 871,061 common shares held in treasury).\n\nShare Repurchase Program\n\nOur Board of Directors approved a share repurchase program, providing the\nCompany with authorization to repurchase up to $20.0 million of the\nCompany’s common shares, effective for a period of two years. The Company\nmay repurchase these shares in the open market or in privately negotiated\ntransactions, at times and prices that are considered to be appropriate by the\nCompany.\n\nQuarterly Dividend Distribution\n\nOn April 28, 2026, the Board of Directors of the Company declared a cash\ndividend of $0.15 per share for the first quarter of 2026 payable on May 20,\n2026, to shareholders of record on May 11, 2026.\n\nLNG Market Update\n\nThe first quarter of 2026 in LNG shipping was inevitably defined by the\nconflict in the Middle East and the significant LNG volume stranded in the\nArabian Gulf, overshadowing what initially appeared to be a typical\npost-winter slowdown during the first two months of the quarter.\n\nMarket conditions shifted sharply following the U.S.–Israeli strike on Iran\nand the effective closure of the Strait of Hormuz, which removed around 20% of\nglobal LNG supply. Supply uncertainty, stronger gas prices and the need for\nU.S. cargoes to backfill Asian LNG shortfalls supported tonne-mile demand and\nfreight rates significantly.\n\nAt the same time, uncertainty led to LNG/C vessel relet supply length being\npulled back, which in combination with the increase in tonne-mile demand, led\nto a spike in charter rates from around $30,000 per day to $300,000 per day\nfor modern two-stroke vessels. As the disruption persisted and some vessels\nfrom Middle East producers were released in the spot market, a partial\ncorrection took place, but the spot market remains in the six-digit range for\ninter-basin trades moving into the second quarter of 2026.The term market also\nresponded sharply to geopolitical developments. As expected, the front end of\nthe forward curve was affected severely, with one-year charter rates surging\nfrom the mid-$30,000 per day range to approximately $100,000 per day, marking\nthe first instance since late 2023 that short-term rates exceeded three-year\nlevels. Although one-year time charter rates have since slightly moderated,\nthey remain elevated, while longer-term rates (3 – 7 years) have continued\nto firm, as stronger near-term fundamentals fed through the curve, pushing the\naverages for longer periods higher. Ordering activity has remained high after\na rush in contracting activity started late in the fourth quarter of 2025. A\ntotal of 33 LNG carriers were ordered during the quarter, the highest on a\nquarterly basis since the fourth quarter of 2022. This contracting rise\nreflects confidence within the shipping industry that the liquefaction\nprojects scheduled to come on stream before 2030 will require an increase in\nshipping capacity. Newbuild LNG carrier pricing has increased to over $250.0\nmillion for a base specification vessel.\n\nAs of quarter-end, 296 LNG carriers were on order, with 20 vessels delivered\nduring the first quarter of 2026. Of the total orderbook, analysts estimate\nthat only 36 vessels (or 12.1%) remain without committed employment, six of\nwhich are controlled by the Company.\n\nLPG Market Update\n\nCCEC controls a fleet of ten LPG/ammonia/LCO2 carriers (of which two are\ncurrently on the water) comprising four LCO₂/multi-gas carriers and six\ndual-fuel medium gas (‘MGC’) carriers. Deliveries commenced in January\n2026 with the LCO₂/multi-gas carrier Active (Hyundai Mipo Dockyard Co. Ltd,\n22,000 cbm), which is currently trading LPG in the Atlantic Basin under a time\ncharter. The LCO₂/multi-gas carrier Amadeus (Hyundai Mipo Dockyard Co. Ltd,\n22,000 cbm) joined the fleet on April 30th and is expected to trade in the\nshort to medium time charter LPG/ammonia market.\n\nMarket conditions across both the MGC and Handy segments continued to\ndemonstrate strong underlying fundamentals. Resilient demand, combined with\noperational flexibility, resulted in improved charter rates.\n\nThe MGC segment remained structurally tight throughout the first quarter of\n2026, as strong demand from traders seeking to secure time charter coverage\nabsorbed virtually all available tonnage in the Atlantic Basin. This scarcity\nsupported a firm and strengthening rate environment, with relet positions\ncommanding premiums and owners maintaining strong negotiating leverage.\n\nThe Handy segment benefited from spillover strength, with vessels increasingly\nutilized as a critical alternative for LPG transportation, while also\ncompeting with higher-value petrochemical gas cargoes. The fleet once again\ndemonstrated the importance of versatility, with its ability to respond to\nevolving trade patterns enabling optimization, increased utilization, and\nenhanced returns. Geopolitical disruption in the Arabian Gulf has reduced\nnear-term market liquidity, while has also materially constraining effective\nglobal vessel supply. At the same time, ongoing disruption to global supply\nchains is driving new trade flows and increasing tonne-mile demand, as cargoes\nare rerouted, sourced from alternative origins and transported over longer\ndistances. This structural shift continues to support vessel utilization and\nfreight rates across LPG, ammonia and petrochemical markets. Time charter\nrates remained firm during the quarter, with standard semi-refrigerated\nhandy-sized vessels assessed at approximately $30,400 per day for one-year\ncharters, while fully refrigerated MGCs (40,000 cbm conventional) were\nassessed at approximately $33,200 per day.\n\nConference Call and Webcast\n\nAs previously announced, today, May 7, 2026, the Company will host an\ninteractive conference call at 10:00 a.m. Eastern Time to discuss the\nfinancial results.\n\nConference Call Details\n\nParticipants should dial into the call 10 minutes before the scheduled time\nusing the following numbers: 877 405 1226 (US Toll-Free Dial In) or +1 201 689\n7823 (US and Standard International Dial In). Please quote\n“Capital Clean Energy” to the operator and/or conference ID 13759970.\nClick here\n(https://www.globenewswire.com/Tracker?data=gB0TAWcUT-Ynrqs2uJYvECO8OcBdBJhpn7EVgeOmHvBwkNFMNUBNkGaeUwMYxsC4hm-SkFQoREMpm5MDtxagcHWFPm_S1OI6kShTrvxIKq-JLIsB4WLD7xwQhlVRqTturesrbJpvxBGYXaI-4tx05JVkNEPjtmqeAZAa8ll6m8hHH1_Gwu7Szuts13aav3bVTZEel87QnliIX1lvokx9iCt_Q8M-2Ojg0A37VSLx9FBwFsVMAvqGW3IMW4OzW4cnYjxYeZR2ZCCy0LvNunY5-Q==) for\nparticipant International Toll-Free access numbers.\n\nAlternatively, participants can register for the call using the Call Me\n(https://www.globenewswire.com/Tracker?data=DRsS4SxHY86d-47WT5eoWxMOJGzFmovThYG-rcVksSpTAE6wxUrYg1QDfSALYDnMmvJKZ-K9oSxxsdblCsOUYPDNr7C051BeguY3t572ky7P02a6I-v0VmXXfPb_RUVuNLV_Bsln-XhQh74xs0ulkF6nRty4IhRwIgCiwyxL8yTG_lzfb0hzpLNJ4Bw3cIEod7mp5fJR-DgAcn-1g9gRlRhUbnAidbqM14Y-ZbH33rZ1KayHElMcQwFp-fpGtDoZIXX5gVTZqx4Db7dy8PVoBMs22q3BvrEEngfApL6K98gMtSk2jTTd6ezvJ4pv_zTYnSEJZMYAyHOyqD0_ekc7u19jfEMr0La4qQy-gdPFgCOuy7BsmFzS70mmCN6fBZKRHGIx2XU3n2A5U2rFhR8GVg==) option\nfor a faster connection to join the conference call. You can enter your phone\nnumber and let the system call you right away.\n\nSlides and Audio Webcast\n\nThere will also be a live, and then archived, webcast of the conference call\nand accompanying slides, available through the Company’s website. To listen\nto the archived audio file, visit our\nwebsite http://ir.capitalcleanenergycarriers.com and click on Webcasts &\nPresentations under our Investor Relations page. Participants to the live\nwebcast should register on the website approximately 10 minutes prior to the\nstart of the webcast.\n\nAbout Capital Clean Energy Carriers Corp.\n\nCapital Clean Energy Carriers Corp. (NASDAQ: CCEC), an international shipping\ncompany, is a leading platform of gas carriage solutions with a focus on\nenergy transition. CCEC’s in-the-water fleet includes 15 high specification\nvessels, including 12 latest generation LNG/Cs, one legacy Neo-Panamax\ncontainer vessel, and two handy LCO(2)/multi-gas carriers. In addition,\nCCEC’s under-construction fleet includes nine additional latest generation\nLNG/Cs, six dual-fuel medium gas carriers and two handy LCO2/multi-gas\ncarriers, to be delivered between the second quarter of 2026 and the first\nquarter of 2029.\n\nFor more information about the Company, please\nvisit: www.capitalcleanenergycarriers.com\n\nForward-Looking Statements\n\nThe statements in this press release that are not historical facts, including,\namong other things, statements related to CCEC’s delivery of strategic\ngoals, ability to pursue growth opportunities and expectations or objectives\nregarding future vessel deliveries and share repurchase, charter rate and\nrevenue expectations, are forward-looking statements (as such term is defined\nin Section 21E of the Securities Exchange Act of 1934, as amended). These\nforward-looking statements involve risks and uncertainties that could cause\nthe stated or forecasted results to be materially different from those\nanticipated. For a discussion of factors that could materially affect the\noutcome of forward-looking statements and other risks and uncertainties, see\n“Risk Factors” in our annual report filed with the SEC on Form 20-F for\nthe year ended December 31, 2025, filed on April 27, 2026. Unless required by\nlaw, CCEC expressly disclaims any obligation to update or revise any of these\nforward-looking statements, whether because of future events, new information,\na change in its views or expectations, to conform them to actual results or\notherwise. CCEC does not assume any responsibility for the accuracy and\ncompleteness of the forward-looking statements. You are cautioned not to place\nundue reliance on forward-looking statements.\n\nContact Details:\nInvestor Relations / Media\n\nBrian Gallagher\nEVP Investor Relations\nTel. +44 (770) 368 4996 \nE-mail: b.gallagher@capitalmaritime.com\n\nNicolas Bornozis/Markella Kara\nCapital Link, Inc. (New York)\nTel. +1-212-661-7566\nE-mail: ccec@capitallink.com\n\nCapital Clean Energy Carriers Corp.\nUnaudited Condensed Consolidated Statements of Comprehensive Income\n(In thousands of United States Dollars, except for number of shares and\nearnings per share)\n\n For the three-month periods ended \n March 31, \n 2026 2025 \n Revenues 98,009 102,037 \n Expenses: \n Voyage expenses 6,157 1,068 \n Vessel operating expenses 19,566 14,001 \n Vessel operating expenses - related parties 2,487 2,280 \n General and administrative expenses 3,465 4,129 \n Vessel depreciation and amortization 22,657 21,769 \n Operating income, net 43,677 58,790 \n Other (expense) / income, net: \n Interest expense and finance cost (23,034 ) (27,769 ) \n Other (expense) / income, net (2,374 ) 1,648 \n Total other expense, net (25,408 ) (26,121 ) \n Net income from continuing operations 18,269 32,669 \n Net income from discontinued operations 3,765 48,048 \n Net income from operations 22,034 80,717 \n Net income attributable to unvested shares - 1,418 \n Net income attributable to common shareholders 22,034 79,299 \n Net income from continuing operations per: \n • Common shares, basic and diluted 0.30 0.55 \n Weighted-average shares outstanding: \n • Common shares, basic 59,984,836 58,717,313 \n • Common shares, diluted 60,121,845 58,717,313 \n Net income from discontinued operations per: \n • Common shares, basic and diluted 0.06 0.80 \n Weighted-average shares outstanding: \n • Common shares, basic 59,984,836 58,717,313 \n • Common shares, diluted 60,121,845 58,717,313 \n Net income from operations per: \n • Common shares, basic and diluted 0.37 1.35 \n Weighted-average shares outstanding: \n • Common shares, basic 59,984,836 58,717,313 \n • Common shares, diluted 60,121,845 58,717,313 \n\n\n\nCapital Clean Energy Carriers Corp.\nUnaudited Condensed Consolidated Balance Sheets\n(In thousands of United States Dollars)\n\n As of March 31, As of December 31, \n 2026 2025 \n Assets \n Current assets \n Cash and cash equivalents 525,309 273,843 \n Restricted cash 7,021 7,024 \n Trade accounts receivable 12,852 8,437 \n Prepayments and other assets 8,283 7,437 \n Inventories 3,984 3,982 \n Claims 1,044 1,044 \n Current assets of discontinued operations 1,203 124,238 \n Total current assets 559,696 426,005 \n Fixed assets \n Advances for vessels under construction - related party 54,000 54,000 \n Vessels, net and vessels under construction 3,589,091 3,516,778 \n Total fixed assets 3,643,091 3,570,778 \n Other non-current assets \n Above market acquired charters 58,029 66,597 \n Deferred charges, net 5,388 3,483 \n Restricted cash 14,022 14,023 \n Derivative asset 11,037 13,682 \n Prepayments and other assets 2,447 546 \n Total non-current assets 3,734,014 3,669,109 \n Total assets 4,293,710 4,095,114 \n Liabilities and shareholders’ equity \n Current liabilities \n Current portion of long-term debt, net 289,489 122,144 \n Trade accounts payable 20,728 11,129 \n Due to related parties 4,542 5,607 \n Accrued liabilities 47,915 37,717 \n Deferred revenue 25,792 29,413 \n Current liabilities of discontinued operations 12,803 103,514 \n Total current liabilities 401,269 309,524 \n Long-term liabilities \n Long-term debt, net 2,313,453 2,232,193 \n Below market acquired charters 50,492 53,531 \n Deferred revenue 435 499 \n Derivative liabilities 11,432 - \n Total long-term liabilities 2,375,812 2,286,223 \n Total liabilities 2,777,081 2,595,747 \n Total shareholders’ equity 1,516,629 1,499,367 \n Total liabilities and shareholders’ equity 4,293,710 4,095,114 \n\n\n\nCapital Clean Energy Carriers Corp.\nUnaudited Condensed Consolidated Statements of Cash Flows\n(In thousands of United States Dollars)\n\n For the three-month periods ended \n March 31, \n 2026 2025 \n Cash flows from operating activities of continuing operations: \n Net income from operations 22,034 80,717 \n Less: Net income from discontinued operations 3,765 48,048 \n Net income from continuing operations 18,269 32,669 \n Adjustments to reconcile net income to net cash provided by operating activities: \n Vessel depreciation and amortization 22,657 21,769 \n Amortization and write-off of deferred financing costs 1,046 913 \n Amortization / accretion of above / below market acquired charters 5,529 5,402 \n Amortization of ineffective portion of derivatives (51 ) (51 ) \n Equity compensation expense 1,577 1,576 \n Change in fair value of derivatives - (6,594 ) \n Unrealized bonds exchange differences (3,081 ) 6,325 \n Loss on foreign exchange forward contracts 1,956 - \n Unrealized cash, cash equivalents and restricted cash exchange differences 3,557 - \n Changes in operating assets and liabilities: \n Trade accounts receivable (4,415 ) (1,538 ) \n Prepayments and other assets (2,749 ) (1,018 ) \n Due from related party - 1,131 \n Inventories (2 ) 350 \n Trade accounts payable 2,223 (4,433 ) \n Due to related parties (1,065 ) 737 \n Accrued liabilities 9,135 887 \n Deferred revenue (3,685 ) (3,387 ) \n Dry docking - paid (1,753 ) - \n Net cash provided by operating activities of continuing operations 49,148 54,738 \n Cash flows from investing activities of continuing operations: \n Vessel acquisitions, vessels under construction and improvements (94,855 ) (51,027 ) \n Net cash used in investing activities of continuing operations (94,855 ) (51,027 ) \n Cash flows from financing activities of continuing operations: \n Proceeds from long-term debt 299,604 - \n Deferred financing costs paid (507 ) (104 ) \n Payments of long-term debt (31,074 ) (30,107 ) \n Rights offering costs paid (34 ) (101 ) \n Dividends paid (3,352 ) (8,996 ) \n Net cash provided by / (used in) financing activities of continuing operations 264,637 (39,308 ) \n Net increase / (decrease) in cash, cash equivalents and restricted cash from continuing operations 218,930 (35,597 ) \n Cash flows from discontinued operations \n Operating activities 770 2,382 \n Investing activities 119,694 120,683 \n Financing activities (84,375 ) (2,893 ) \n Net increase in cash, cash equivalents and restricted cash from discontinued operations 36,089 120,172 \n Net increase in cash, cash equivalents and restricted cash 255,019 84,575 \n Effect of exchange rate changes on cash, cash equivalents and restricted cash (3,557 ) - \n Cash, cash equivalents and restricted cash at the beginning of the period 294,890 335,175 \n Cash, cash equivalents and restricted cash at the end of the period 546,352 419,750 \n Supplemental cash flow information \n Cash paid for interest 20,396 27,117 \n Non-Cash Investing and Financing Activities \n Capital expenditures included in liabilities 2,925 3,992 \n Deferred financing and offering costs included in liabilities 8,251 - \n Capitalized dry-docking costs included in liabilities 4,272 3,129 \n Expenses for sale of vessels included in liabilities 3,911 8,428 \n Dividends reinvestment plan issuance of new shares 5,714 - \n Reconciliation of cash, cash equivalents and restricted cash \n Cash and cash equivalents 525,309 398,221 \n Restricted cash - current assets 7,021 - \n Restricted cash - non-current assets 14,022 21,529 \n Total cash, cash equivalents and restricted cash shown in the statements of cash flows 546,352 419,750 \n\nAppendix A\n\nI.      Discontinued Operations - Vessels\n\n Name of Vessel Type TEU Memorandum of Agreement Date Delivery \n M/V Akadimos Neo Panamax Container Vessel 9,288 January 31, 2024 March 8, 2024 \n M/V Long Beach Express Panamax Container Vessel 5,089 December 15, 2023 February 26, 2024 \n M/V Seattle Express Panamax Container Vessel 5,089 February 14, 2024 April 26, 2024 \n M/V Fos Express Panamax Container Vessel 5,089 February 14, 2024 May 3, 2024 \n M/V Athenian Neo Panamax Container Vessel 9,954 March 1, 2024 April 22, 2024 \n M/V Athos Neo Panamax Container Vessel 9,954 March 1, 2024 April 22, 2024 \n M/V Aristomenis Neo Panamax Container Vessel 9,954 March 1, 2024 May 3, 2024 \n M/V Hyundai Premium Neo Panamax Container Vessel 5,023 September 12, 2024 November 22, 2024 \n M/V Hyundai Paramount Neo Panamax Container Vessel 5,023 September 12, 2024 December 20, 2024 \n M/V Hyundai Prestige Neo Panamax Container Vessel 5,023 September 12, 2024 December 5, 2024 \n M/V Hyundai Privilege Neo Panamax Container Vessel 5,023 September 12, 2024 January 10, 2025 \n M/V Hyundai Platinum Neo Panamax Container Vessel 5,023 September 12, 2024 March 10, 2025 \n M/V Manzanillo Express Neo Panamax Container Vessel 13,312 August 7, 2025 October 6, 2025 \n M/V Buenaventura Express Neo Panamax Container Vessel 13,696 October 29, 2025 January 19, 2026 \n\nII.      Discontinued Operations - Unaudited Condensed Consolidated\nStatements of Comprehensive Income\n         (In thousands of United States Dollars)\n\n For the three-month periods ended \n March 31, \n 2026 2025 \n Revenues 719 9,826 \n Expenses / (income), net: \n Voyage expenses 18 210 \n Vessel operating expenses 24 2,372 \n Vessel operating expenses - related party 13 297 \n Vessel depreciation and amortization - 2,426 \n Gain on sale of vessels (4,171 ) (46,213 ) \n Operating income, net 4,835 50,734 \n Other (expense) / income, net: \n Interest expense and finance cost (1,074 ) (2,955 ) \n Other income, net 4 269 \n Total other expense, net (1,070 ) (2,686 ) \n Net income from discontinued operations 3,765 48,048 \n\nDuring the three-month period ended March 31, 2026, the Company disposed of\nthe M/V Buenaventura Express recognizing a gain on sale of vessel of $4.2\nmillion.\n\nIII.      Discontinued Operations - Unaudited Condensed selected balance\nsheets information\n          (In thousands of United States Dollars)\n\n As of March 31, As of December 31, \n 2026 2025 \n Cash and cash equivalents 38 680 \n Trade accounts receivable 249 92 \n Prepayments and other assets 867 1,205 \n Claims 49 49 \n Assets held for sale - 122,212 \n Current assets of discontinued operations 1,203 124,238 \n Trade accounts payable 4,065 2,446 \n Accrued liabilities 8,738 9,017 \n Liabilities associated with vessel held for sale - 92,051 \n Current liabilities of discontinued operations 12,803 103,514 \n\nOn October 29, 2025, the Company entered into an MOA, to sell the M/V\nBuenaventura Express to an unaffiliated party for total consideration of\n$120,100. At that date, the Company considered that the M/V Buenaventura\nExpress met the criteria to be classified as held for sale and is included in\n“Current assets from discontinued operations” in the summarized unaudited\ncondensed selected balance sheet information from discontinued operations as\nof December 31, 2025. As of the MOA date, the M/V Buenaventura Express fair\nvalue less estimated costs to sell exceeded its carrying amount, so no\nimpairment charge was recognized. The vessel was delivered to its new owner on\nJanuary 19, 2026.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/b8a86152-e33c-4c66-8a6d-a9b156280b26)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX4Vnj3r","title":"Capital Clean Energy Carriers Corp. Announces First Quarter 2026 Financial Results","author":"Globe Newswire","ticker":"CCEC","created":"2026-05-07T12:30:01.539Z","tickers":["CCEC","N1M"],"exchange":"NASDAQ","article_body":"ATHENS, Greece, May 07, 2026 (GLOBE NEWSWIRE) -- Capital Clean Energy Carriers\nCorp. (the “Company”, “CCEC”, “we” or “us”) (NASDAQ: CCEC), an\ninternational owner of ocean-going vessels, today released its financial\nresults for the first quarter ended March 31, 2026.\n\nKey Highlights\n* Completed an offering of €250.0 million in unsecured bonds with a\nseven-year maturity listed on the Athens Exchange (“ATHEX”)\n* Agreed to divest 49% stake in the LNG/C Amore Mio I, formed a Joint Venture\ncompany with an affiliate of the BGN Group and secured a 10-year time charter\n* Took delivery of our second LCO(2)/multi-gas carrier, the Amadeus\n* Brought forward the delivery of three LNG/Cs under construction\n* Announced a dividend of $0.15 per share for the first quarter of 2026\n* Board approved $20.0 million share buyback program\nKey Financial Highlights (continuing operations)\n\n Three-month periods ended March 31, \n 2026 2025 (Decrease) / Increase \n Revenues $98.0 million $102.0 million (3.9%) \n Expenses $54.3 million $43.2 million 25.7% \n Interest expense and finance cost $23.0 million $27.8 million (17.3%) \n Net Income $18.3 million $32.7 million (44.0%) \n Average number of vessels (1) 14.0 13.0 7.7% \n\n_____________________\n(1) Average number of vessels is measured by aggregating the number of days\neach vessel was part of our fleet during the period and dividing such\naggregate number by the number of calendar days in the period.\n\nManagement Commentary\n\nMr. Jerry Kalogiratos, Chief Executive Officer of CCEC, commented:\n\n“During the first quarter, the Company continued to deliver on our strategy\nto build a leading gas transportation platform, generating both robust cash\nflows and further strengthening our financial position through a successful\nbond offering. Post quarter end, we executed an innovative transaction, which\nnot only highlighted our ability to attract a co-investment with a major\nenergy trading partner, but also enhanced the quality and diversification of\nour charter portfolio.\n\n“As a result, the average firm contract duration for our LNG/Cs stands at\n6.9 years, representing approximately $2.9 billion in contracted revenues –\nwhich increases to 9.9 years and $4.3 billion, respectively, should all\nextension options be exercised by our charterers.\n\n“The ongoing geopolitical tensions in the Middle East, particularly the Iran\nconflict, have created considerable uncertainty and disrupted across global\nenergy shipping markets. The Company’s long-term contracts and solid market\npositioning offer significant resilience amid these volatile conditions. At\nthe same time, we remain vigilant of opportunities that might develop from\nsuch volatility and with this view, we have advanced the delivery timeline of\nthree of our LNG/C newbuildings.\n\n“Last but not least, during the quarter Mr. Martin Houston was appointed as\nChairman of the Company. Mr. Houston’s extensive experience and deep\nexpertise across all aspects of the LNG value chain is expected to reinforce\nthe delivery of our strategic goals.” \n\nFleet Update\n\nOn April 30, 2026, the Company took delivery of its second LCO(2)/multi-gas\ncarrier, the Amadeus (Hyundai Mipo Dockyard Co. Ltd, 22,000 cbm). The\nacquisition of the Amadeus was financed with $21.6 million of cash on hand\nand a 5-year term loan of $50.9 million, which is repayable in 20 quarterly\ninstallments of $0.6 million, with a balloon payment of $38.1 million payable\nwith the final installment in April 2031. Under the loan, the Company may\nborrow an additional amount of up to $7.8 million, if the vessel secures\nlonger-term employment.\n\nDuring the period, we agreed with the shipyard to bring forward the delivery\nof the following three LNG/Cs currently under construction:\n\n LNG/C Current expected delivery date Previous delivery date \n Archimidis June 2026 July 2026 \n Agamemnon June 2026 January 2027 \n Alcaios I July 2026 September 2026 \n\nThe acquisition of LNG/C Archimidis is expected to be financed by cash on hand\nand a new JOLCO facility for an amount of $216.0 million with a duration of\neight years.\n\nThe acquisition of LNG/C Agamemnon is expected to be financed by cash on hand\nand a new senior secured bridge loan facility of $216.0 million. The bridge\nfacility is expected to be refinanced upon the drawdown in July 2026 of a\nJOLCO facility for an amount of $216.0 million with a duration of eight years.\n\nBoth facilities remain subject to final long form documentation.\n\nDivestment of 49% Stake in the LNG/C Amore Mio I, Formation of a Joint Venture\nCompany With an Affiliate of the BGN Group and Secured a 10-Year Time Charter\n\nOn April 15, 2026, the Company announced that it has agreed to sell in the\nfirst quarter of 2027 the LNG/C Amore Mio I (2023-built 174,000 cbm) to a\nsubsidiary of a joint venture company (the “Joint Venture”) owned 51% by\nCCEC and 49% by a company affiliated with global energy trader BGN.\n\nThe Joint Venture has secured a 10-year time charter (with two three-year\nextension options) of the vessel to BGN INT DMCC commencing simultaneously\nwith the acquisition of the vessel and expected, if all options are exercised,\nto generate aggregate revenues of up to approximately $485.6 million and\nextending up to 2043.\n\nThe Joint Venture will be effected through BM Capital HoldCo LLC, a newly\nformed Marshall Islands limited liability company, in which CCEC holds a 51%\ninterest and BMarine Shipping Investment FZCO holds the remaining 49%. BM\nCapital LLC, a wholly owned subsidiary of BM Capital HoldCo LLC, will acquire\nthe vessel for $230.0 million.\n\nThe existing financing on the vessel is expected to be refinanced upon\nacquisition of the vessel in the first quarter of 2027.\n\nUnder-Construction Fleet Update\n\nThe Company’s under-construction fleet includes nine latest-generation\nLNG/Cs (referred to below as the “Newbuild LNG/Cs”) plus six dual-fuel\nmedium gas carriers and two handy LCO(2)/multi-gas carriers (referred to below\nas the “Gas Fleet”). The following table sets out the Company’s schedule\nof expected capex payments for its under-construction fleet:\n\n Q2 26 Q3 26 Q4 26 Q1 27 Q2 27 Q3 27 Q4 27 Q1 28 Q2 28 Q3 28 Q4 28 Q1 29 Total \n Newbuild LNG/Cs 541.1 149.7 0.00 456.9 24.7 0.0 74.1 0.0 49.4 186.4 0.0 372.8 1,855.1 \n Gas Fleet 61.2 115.4 0.00 183.9 0.00 35.9 0.0 0.0 0.0 0.0 0.0 0.0 396.4 \n Total 602.3 265.1 0.00 640.8 24.7 35.9 74.1 0.0 49.4 186.4 0.0 372.8 2,251.5 \n\nOverview of First Quarter 2026 Results\n\nNet income for the quarter ended March 31, 2026, was $18.3 million, compared\nwith net income of $32.7 million for the first quarter of 2025.\n\nTotal revenues for the quarter ended March 31, 2026, were $98.0 million,\ncompared to $102.0 million during the first quarter of 2025. The decrease in\nrevenue is attributable to off-hire days incurred by LNG/Cs Adamastos and\nAristarchos while passing their five-year special survey and the higher\nearnings achieved by one of our vessels operating under a short time charter\nduring the first quarter of 2025, partly offset by the increase in the average\nnumber of vessels in our fleet following the delivery of the LCO(2)/multi-gas\ncarrier Active on January 5, 2026.\n\nTotal expenses for the quarter ended March 31, 2026, were $54.3 million,\ncompared to $43.2 million in the first quarter of 2025. Voyage expenses during\nthe first quarter of 2026 amounted to $6.2 million, compared to $1.1 million\nduring the first quarter of 2025. The increase in voyage expenses was mainly\nattributable to bunker expenses incurred by the LCO(2)/multi-gas carrier\nActive during the period from its delivery from the yard until it commenced\nits time charter employment and ballast legs associated with certain of our\nvessels passing their five-year special survey, as well as war risk insurance\npremiums paid by certain of our vessels during the first quarter of 2026.\nVessel operating expenses during the first quarter of 2026 amounted to $22.1\nmillion, compared to $16.3 million during the first quarter of 2025. The\nincrease in vessel operating expenses was mainly attributed to the costs\nincurred by the LNG/Cs that underwent their five-year special survey during\nthe period.\n\nTotal expenses for the first quarter of 2026 also include vessel depreciation\nand amortization of $22.7 million, compared to $21.8 million in the first\nquarter of 2025. The increase in depreciation and amortization during the\nfirst quarter of 2026 was attributable to the increase in the average number\nof vessels in our fleet. General and administrative expenses for the first\nquarter of 2026 amounted to $3.5 million, compared to $4.1 million in the\nfirst quarter of 2025 on the back of higher transaction costs incurred in\n2025.\n\nTotal other expenses, net for the quarter ended March 31, 2026, were $25.4\nmillion compared to $26.1 million incurred in the first quarter of 2025. Total\nother expenses, net include interest expense and finance cost of $23.0 million\nfor the first quarter of 2026, compared to $27.8 million for the first quarter\nof 2025. The decrease in interest expense and finance cost was mainly\nattributable to the decrease in the weighted average interest rate charged on\nour debt compared to the first quarter of last year.\n\nCompany Capitalization\n\nAs of March 31, 2026, total cash amounted to $546.4 million. Total cash\nincludes restricted cash of $21.0 million, which represents the minimum\nliquidity requirement under our financing arrangements.\n\nAs of March 31, 2026, the Company’s total shareholders’ equity amounted to\n$1,516.6 million, an increase of $17.2 million compared to $1,499.4 million as\nof December 31, 2025. The increase during the three-month period ended March\n31, 2026, reflects net income (including net income from discontinued\noperations) of $22.0 million, amortization associated with the equity\nincentive plan of $1.4 million, $5.7 million of common shares issued under our\nDividend Reinvestment Plan net of expenses, partly offset by dividends\ndeclared during the period for a total amount of $8.9 million and other\ncomprehensive loss of $3.0 million relating to the net effect of the\ncross-currency swap agreements we designated as an accounting hedge.\n\nAs of March 31, 2026, the Company’s total debt was $2,626.1 million compared\nto $2,454.3 million as of December 31, 2025 (including discontinued\noperations).\n\nAs of March 31, 2026, the weighted average margin on our floating debt,\namounting to $1,818.7 million, was 1.7% over SOFR and the weighted average\nall-in interest rate on our fixed-rate debt, amounting to $807.5 million, was\n4.6%.\n\nAppointment of new Chairman and new role of Vice-Chairman\n\nOn March 9, 2026, the Company announced the appointment of director Martin\nHouston as Chairman of the Company’s board of directors with Keith Forman\nmoving to a new role as Vice-Chairman.\n\nIssuance of €250.0 million unsecured bonds (ATHEX: CCECB1)\n\nOn February 25, 2026, CCEC successfully completed an unsecured bond offering\nof €250.0 million (the “Bonds”). The Bonds were admitted to trading in\nthe fixed income securities category of the Regulated Market of the Athens\nExchange (ATHEX) on February 26, 2026.\n\nThe Bonds will mature in 2033 and have a coupon of 3.75%, payable\nsemi-annually.\n\nPart of the proceeds of the Bonds were used on April 22, 2026, to prepay the\noutstanding €150.0 million unsecured bonds issued in 2021. The remaining\namount will be used to finance part of CCEC’s capital expenditure and for\ngeneral corporate purposes. Total transaction costs associated with the\noffering amounted to approximately €7.5 million.\n\nDividend Reinvestment Plan (“DRIP”)\n\nThe Company has implemented a Dividend Reinvestment Plan to provide our\nshareholders with a convenient and economical way to reinvest cash dividends\nto purchase our common shares. The DRIP is open to our existing shareholders\nand investors who will become our shareholders in the future outside of the\nDRIP. In February 2026, the Company issued 275,592 common shares under the\nDRIP at the price of $20.73 per share, gross of issuance costs.\n\nAt March 31, 2026, the total common shares outstanding was 60,113,445\n(excluding 871,061 common shares held in treasury).\n\nShare Repurchase Program\n\nOur Board of Directors approved a share repurchase program, providing the\nCompany with authorization to repurchase up to $20.0 million of the\nCompany’s common shares, effective for a period of two years. The Company\nmay repurchase these shares in the open market or in privately negotiated\ntransactions, at times and prices that are considered to be appropriate by the\nCompany.\n\nQuarterly Dividend Distribution\n\nOn April 28, 2026, the Board of Directors of the Company declared a cash\ndividend of $0.15 per share for the first quarter of 2026 payable on May 20,\n2026, to shareholders of record on May 11, 2026.\n\nLNG Market Update\n\nThe first quarter of 2026 in LNG shipping was inevitably defined by the\nconflict in the Middle East and the significant LNG volume stranded in the\nArabian Gulf, overshadowing what initially appeared to be a typical\npost-winter slowdown during the first two months of the quarter.\n\nMarket conditions shifted sharply following the U.S.–Israeli strike on Iran\nand the effective closure of the Strait of Hormuz, which removed around 20% of\nglobal LNG supply. Supply uncertainty, stronger gas prices and the need for\nU.S. cargoes to backfill Asian LNG shortfalls supported tonne-mile demand and\nfreight rates significantly.\n\nAt the same time, uncertainty led to LNG/C vessel relet supply length being\npulled back, which in combination with the increase in tonne-mile demand, led\nto a spike in charter rates from around $30,000 per day to $300,000 per day\nfor modern two-stroke vessels. As the disruption persisted and some vessels\nfrom Middle East producers were released in the spot market, a partial\ncorrection took place, but the spot market remains in the six-digit range for\ninter-basin trades moving into the second quarter of 2026.The term market also\nresponded sharply to geopolitical developments. As expected, the front end of\nthe forward curve was affected severely, with one-year charter rates surging\nfrom the mid-$30,000 per day range to approximately $100,000 per day, marking\nthe first instance since late 2023 that short-term rates exceeded three-year\nlevels. Although one-year time charter rates have since slightly moderated,\nthey remain elevated, while longer-term rates (3 – 7 years) have continued\nto firm, as stronger near-term fundamentals fed through the curve, pushing the\naverages for longer periods higher. Ordering activity has remained high after\na rush in contracting activity started late in the fourth quarter of 2025. A\ntotal of 33 LNG carriers were ordered during the quarter, the highest on a\nquarterly basis since the fourth quarter of 2022. This contracting rise\nreflects confidence within the shipping industry that the liquefaction\nprojects scheduled to come on stream before 2030 will require an increase in\nshipping capacity. Newbuild LNG carrier pricing has increased to over $250.0\nmillion for a base specification vessel.\n\nAs of quarter-end, 296 LNG carriers were on order, with 20 vessels delivered\nduring the first quarter of 2026. Of the total orderbook, analysts estimate\nthat only 36 vessels (or 12.1%) remain without committed employment, six of\nwhich are controlled by the Company.\n\nLPG Market Update\n\nCCEC controls a fleet of ten LPG/ammonia/LCO2 carriers (of which two are\ncurrently on the water) comprising four LCO₂/multi-gas carriers and six\ndual-fuel medium gas (‘MGC’) carriers. Deliveries commenced in January\n2026 with the LCO₂/multi-gas carrier Active (Hyundai Mipo Dockyard Co. Ltd,\n22,000 cbm), which is currently trading LPG in the Atlantic Basin under a time\ncharter. The LCO₂/multi-gas carrier Amadeus (Hyundai Mipo Dockyard Co. Ltd,\n22,000 cbm) joined the fleet on April 30th and is expected to trade in the\nshort to medium time charter LPG/ammonia market.\n\nMarket conditions across both the MGC and Handy segments continued to\ndemonstrate strong underlying fundamentals. Resilient demand, combined with\noperational flexibility, resulted in improved charter rates.\n\nThe MGC segment remained structurally tight throughout the first quarter of\n2026, as strong demand from traders seeking to secure time charter coverage\nabsorbed virtually all available tonnage in the Atlantic Basin. This scarcity\nsupported a firm and strengthening rate environment, with relet positions\ncommanding premiums and owners maintaining strong negotiating leverage.\n\nThe Handy segment benefited from spillover strength, with vessels increasingly\nutilized as a critical alternative for LPG transportation, while also\ncompeting with higher-value petrochemical gas cargoes. The fleet once again\ndemonstrated the importance of versatility, with its ability to respond to\nevolving trade patterns enabling optimization, increased utilization, and\nenhanced returns. Geopolitical disruption in the Arabian Gulf has reduced\nnear-term market liquidity, while has also materially constraining effective\nglobal vessel supply. At the same time, ongoing disruption to global supply\nchains is driving new trade flows and increasing tonne-mile demand, as cargoes\nare rerouted, sourced from alternative origins and transported over longer\ndistances. This structural shift continues to support vessel utilization and\nfreight rates across LPG, ammonia and petrochemical markets. Time charter\nrates remained firm during the quarter, with standard semi-refrigerated\nhandy-sized vessels assessed at approximately $30,400 per day for one-year\ncharters, while fully refrigerated MGCs (40,000 cbm conventional) were\nassessed at approximately $33,200 per day.\n\nConference Call and Webcast\n\nAs previously announced, today, May 7, 2026, the Company will host an\ninteractive conference call at 10:00 a.m. Eastern Time to discuss the\nfinancial results.\n\nConference Call Details\n\nParticipants should dial into the call 10 minutes before the scheduled time\nusing the following numbers: 877 405 1226 (US Toll-Free Dial In) or +1 201 689\n7823 (US and Standard International Dial In). Please quote\n“Capital Clean Energy” to the operator and/or conference ID 13759970.\nClick here\n(https://www.globenewswire.com/Tracker?data=gB0TAWcUT-Ynrqs2uJYvECO8OcBdBJhpn7EVgeOmHvBwkNFMNUBNkGaeUwMYxsC4hm-SkFQoREMpm5MDtxagcHWFPm_S1OI6kShTrvxIKq-JLIsB4WLD7xwQhlVRqTturesrbJpvxBGYXaI-4tx05JVkNEPjtmqeAZAa8ll6m8hHH1_Gwu7Szuts13aav3bVTZEel87QnliIX1lvokx9iCt_Q8M-2Ojg0A37VSLx9FBwFsVMAvqGW3IMW4OzW4cnYjxYeZR2ZCCy0LvNunY5-Q==) for\nparticipant International Toll-Free access numbers.\n\nAlternatively, participants can register for the call using the Call Me\n(https://www.globenewswire.com/Tracker?data=DRsS4SxHY86d-47WT5eoWxMOJGzFmovThYG-rcVksSpTAE6wxUrYg1QDfSALYDnMmvJKZ-K9oSxxsdblCsOUYPDNr7C051BeguY3t572ky7P02a6I-v0VmXXfPb_RUVuNLV_Bsln-XhQh74xs0ulkF6nRty4IhRwIgCiwyxL8yTG_lzfb0hzpLNJ4Bw3cIEod7mp5fJR-DgAcn-1g9gRlRhUbnAidbqM14Y-ZbH33rZ1KayHElMcQwFp-fpGtDoZIXX5gVTZqx4Db7dy8PVoBMs22q3BvrEEngfApL6K98gMtSk2jTTd6ezvJ4pv_zTYnSEJZMYAyHOyqD0_ekc7u19jfEMr0La4qQy-gdPFgCOuy7BsmFzS70mmCN6fBZKRHGIx2XU3n2A5U2rFhR8GVg==) option\nfor a faster connection to join the conference call. You can enter your phone\nnumber and let the system call you right away.\n\nSlides and Audio Webcast\n\nThere will also be a live, and then archived, webcast of the conference call\nand accompanying slides, available through the Company’s website. To listen\nto the archived audio file, visit our\nwebsite http://ir.capitalcleanenergycarriers.com and click on Webcasts &\nPresentations under our Investor Relations page. Participants to the live\nwebcast should register on the website approximately 10 minutes prior to the\nstart of the webcast.\n\nAbout Capital Clean Energy Carriers Corp.\n\nCapital Clean Energy Carriers Corp. (NASDAQ: CCEC), an international shipping\ncompany, is a leading platform of gas carriage solutions with a focus on\nenergy transition. CCEC’s in-the-water fleet includes 15 high specification\nvessels, including 12 latest generation LNG/Cs, one legacy Neo-Panamax\ncontainer vessel, and two handy LCO(2)/multi-gas carriers. In addition,\nCCEC’s under-construction fleet includes nine additional latest generation\nLNG/Cs, six dual-fuel medium gas carriers and two handy LCO2/multi-gas\ncarriers, to be delivered between the second quarter of 2026 and the first\nquarter of 2029.\n\nFor more information about the Company, please\nvisit: www.capitalcleanenergycarriers.com\n\nForward-Looking Statements\n\nThe statements in this press release that are not historical facts, including,\namong other things, statements related to CCEC’s delivery of strategic\ngoals, ability to pursue growth opportunities and expectations or objectives\nregarding future vessel deliveries and share repurchase, charter rate and\nrevenue expectations, are forward-looking statements (as such term is defined\nin Section 21E of the Securities Exchange Act of 1934, as amended). These\nforward-looking statements involve risks and uncertainties that could cause\nthe stated or forecasted results to be materially different from those\nanticipated. For a discussion of factors that could materially affect the\noutcome of forward-looking statements and other risks and uncertainties, see\n“Risk Factors” in our annual report filed with the SEC on Form 20-F for\nthe year ended December 31, 2025, filed on April 27, 2026. Unless required by\nlaw, CCEC expressly disclaims any obligation to update or revise any of these\nforward-looking statements, whether because of future events, new information,\na change in its views or expectations, to conform them to actual results or\notherwise. CCEC does not assume any responsibility for the accuracy and\ncompleteness of the forward-looking statements. You are cautioned not to place\nundue reliance on forward-looking statements.\n\nContact Details:\nInvestor Relations / Media\n\nBrian Gallagher\nEVP Investor Relations\nTel. +44 (770) 368 4996 \nE-mail: b.gallagher@capitalmaritime.com\n\nNicolas Bornozis/Markella Kara\nCapital Link, Inc. (New York)\nTel. +1-212-661-7566\nE-mail: ccec@capitallink.com\n\nCapital Clean Energy Carriers Corp.\nUnaudited Condensed Consolidated Statements of Comprehensive Income\n(In thousands of United States Dollars, except for number of shares and\nearnings per share)\n\n For the three-month periods ended \n March 31, \n 2026 2025 \n Revenues 98,009 102,037 \n Expenses: \n Voyage expenses 6,157 1,068 \n Vessel operating expenses 19,566 14,001 \n Vessel operating expenses - related parties 2,487 2,280 \n General and administrative expenses 3,465 4,129 \n Vessel depreciation and amortization 22,657 21,769 \n Operating income, net 43,677 58,790 \n Other (expense) / income, net: \n Interest expense and finance cost (23,034 ) (27,769 ) \n Other (expense) / income, net (2,374 ) 1,648 \n Total other expense, net (25,408 ) (26,121 ) \n Net income from continuing operations 18,269 32,669 \n Net income from discontinued operations 3,765 48,048 \n Net income from operations 22,034 80,717 \n Net income attributable to unvested shares - 1,418 \n Net income attributable to common shareholders 22,034 79,299 \n Net income from continuing operations per: \n • Common shares, basic and diluted 0.30 0.55 \n Weighted-average shares outstanding: \n • Common shares, basic 59,984,836 58,717,313 \n • Common shares, diluted 60,121,845 58,717,313 \n Net income from discontinued operations per: \n • Common shares, basic and diluted 0.06 0.80 \n Weighted-average shares outstanding: \n • Common shares, basic 59,984,836 58,717,313 \n • Common shares, diluted 60,121,845 58,717,313 \n Net income from operations per: \n • Common shares, basic and diluted 0.37 1.35 \n Weighted-average shares outstanding: \n • Common shares, basic 59,984,836 58,717,313 \n • Common shares, diluted 60,121,845 58,717,313 \n\n\n\nCapital Clean Energy Carriers Corp.\nUnaudited Condensed Consolidated Balance Sheets\n(In thousands of United States Dollars)\n\n As of March 31, As of December 31, \n 2026 2025 \n Assets \n Current assets \n Cash and cash equivalents 525,309 273,843 \n Restricted cash 7,021 7,024 \n Trade accounts receivable 12,852 8,437 \n Prepayments and other assets 8,283 7,437 \n Inventories 3,984 3,982 \n Claims 1,044 1,044 \n Current assets of discontinued operations 1,203 124,238 \n Total current assets 559,696 426,005 \n Fixed assets \n Advances for vessels under construction - related party 54,000 54,000 \n Vessels, net and vessels under construction 3,589,091 3,516,778 \n Total fixed assets 3,643,091 3,570,778 \n Other non-current assets \n Above market acquired charters 58,029 66,597 \n Deferred charges, net 5,388 3,483 \n Restricted cash 14,022 14,023 \n Derivative asset 11,037 13,682 \n Prepayments and other assets 2,447 546 \n Total non-current assets 3,734,014 3,669,109 \n Total assets 4,293,710 4,095,114 \n Liabilities and shareholders’ equity \n Current liabilities \n Current portion of long-term debt, net 289,489 122,144 \n Trade accounts payable 20,728 11,129 \n Due to related parties 4,542 5,607 \n Accrued liabilities 47,915 37,717 \n Deferred revenue 25,792 29,413 \n Current liabilities of discontinued operations 12,803 103,514 \n Total current liabilities 401,269 309,524 \n Long-term liabilities \n Long-term debt, net 2,313,453 2,232,193 \n Below market acquired charters 50,492 53,531 \n Deferred revenue 435 499 \n Derivative liabilities 11,432 - \n Total long-term liabilities 2,375,812 2,286,223 \n Total liabilities 2,777,081 2,595,747 \n Total shareholders’ equity 1,516,629 1,499,367 \n Total liabilities and shareholders’ equity 4,293,710 4,095,114 \n\n\n\nCapital Clean Energy Carriers Corp.\nUnaudited Condensed Consolidated Statements of Cash Flows\n(In thousands of United States Dollars)\n\n For the three-month periods ended \n March 31, \n 2026 2025 \n Cash flows from operating activities of continuing operations: \n Net income from operations 22,034 80,717 \n Less: Net income from discontinued operations 3,765 48,048 \n Net income from continuing operations 18,269 32,669 \n Adjustments to reconcile net income to net cash provided by operating activities: \n Vessel depreciation and amortization 22,657 21,769 \n Amortization and write-off of deferred financing costs 1,046 913 \n Amortization / accretion of above / below market acquired charters 5,529 5,402 \n Amortization of ineffective portion of derivatives (51 ) (51 ) \n Equity compensation expense 1,577 1,576 \n Change in fair value of derivatives - (6,594 ) \n Unrealized bonds exchange differences (3,081 ) 6,325 \n Loss on foreign exchange forward contracts 1,956 - \n Unrealized cash, cash equivalents and restricted cash exchange differences 3,557 - \n Changes in operating assets and liabilities: \n Trade accounts receivable (4,415 ) (1,538 ) \n Prepayments and other assets (2,749 ) (1,018 ) \n Due from related party - 1,131 \n Inventories (2 ) 350 \n Trade accounts payable 2,223 (4,433 ) \n Due to related parties (1,065 ) 737 \n Accrued liabilities 9,135 887 \n Deferred revenue (3,685 ) (3,387 ) \n Dry docking - paid (1,753 ) - \n Net cash provided by operating activities of continuing operations 49,148 54,738 \n Cash flows from investing activities of continuing operations: \n Vessel acquisitions, vessels under construction and improvements (94,855 ) (51,027 ) \n Net cash used in investing activities of continuing operations (94,855 ) (51,027 ) \n Cash flows from financing activities of continuing operations: \n Proceeds from long-term debt 299,604 - \n Deferred financing costs paid (507 ) (104 ) \n Payments of long-term debt (31,074 ) (30,107 ) \n Rights offering costs paid (34 ) (101 ) \n Dividends paid (3,352 ) (8,996 ) \n Net cash provided by / (used in) financing activities of continuing operations 264,637 (39,308 ) \n Net increase / (decrease) in cash, cash equivalents and restricted cash from continuing operations 218,930 (35,597 ) \n Cash flows from discontinued operations \n Operating activities 770 2,382 \n Investing activities 119,694 120,683 \n Financing activities (84,375 ) (2,893 ) \n Net increase in cash, cash equivalents and restricted cash from discontinued operations 36,089 120,172 \n Net increase in cash, cash equivalents and restricted cash 255,019 84,575 \n Effect of exchange rate changes on cash, cash equivalents and restricted cash (3,557 ) - \n Cash, cash equivalents and restricted cash at the beginning of the period 294,890 335,175 \n Cash, cash equivalents and restricted cash at the end of the period 546,352 419,750 \n Supplemental cash flow information \n Cash paid for interest 20,396 27,117 \n Non-Cash Investing and Financing Activities \n Capital expenditures included in liabilities 2,925 3,992 \n Deferred financing and offering costs included in liabilities 8,251 - \n Capitalized dry-docking costs included in liabilities 4,272 3,129 \n Expenses for sale of vessels included in liabilities 3,911 8,428 \n Dividends reinvestment plan issuance of new shares 5,714 - \n Reconciliation of cash, cash equivalents and restricted cash \n Cash and cash equivalents 525,309 398,221 \n Restricted cash - current assets 7,021 - \n Restricted cash - non-current assets 14,022 21,529 \n Total cash, cash equivalents and restricted cash shown in the statements of cash flows 546,352 419,750 \n\nAppendix A\n\nI.      Discontinued Operations - Vessels\n\n Name of Vessel Type TEU Memorandum of Agreement Date Delivery \n M/V Akadimos Neo Panamax Container Vessel 9,288 January 31, 2024 March 8, 2024 \n M/V Long Beach Express Panamax Container Vessel 5,089 December 15, 2023 February 26, 2024 \n M/V Seattle Express Panamax Container Vessel 5,089 February 14, 2024 April 26, 2024 \n M/V Fos Express Panamax Container Vessel 5,089 February 14, 2024 May 3, 2024 \n M/V Athenian Neo Panamax Container Vessel 9,954 March 1, 2024 April 22, 2024 \n M/V Athos Neo Panamax Container Vessel 9,954 March 1, 2024 April 22, 2024 \n M/V Aristomenis Neo Panamax Container Vessel 9,954 March 1, 2024 May 3, 2024 \n M/V Hyundai Premium Neo Panamax Container Vessel 5,023 September 12, 2024 November 22, 2024 \n M/V Hyundai Paramount Neo Panamax Container Vessel 5,023 September 12, 2024 December 20, 2024 \n M/V Hyundai Prestige Neo Panamax Container Vessel 5,023 September 12, 2024 December 5, 2024 \n M/V Hyundai Privilege Neo Panamax Container Vessel 5,023 September 12, 2024 January 10, 2025 \n M/V Hyundai Platinum Neo Panamax Container Vessel 5,023 September 12, 2024 March 10, 2025 \n M/V Manzanillo Express Neo Panamax Container Vessel 13,312 August 7, 2025 October 6, 2025 \n M/V Buenaventura Express Neo Panamax Container Vessel 13,696 October 29, 2025 January 19, 2026 \n\nII.      Discontinued Operations - Unaudited Condensed Consolidated\nStatements of Comprehensive Income\n         (In thousands of United States Dollars)\n\n For the three-month periods ended \n March 31, \n 2026 2025 \n Revenues 719 9,826 \n Expenses / (income), net: \n Voyage expenses 18 210 \n Vessel operating expenses 24 2,372 \n Vessel operating expenses - related party 13 297 \n Vessel depreciation and amortization - 2,426 \n Gain on sale of vessels (4,171 ) (46,213 ) \n Operating income, net 4,835 50,734 \n Other (expense) / income, net: \n Interest expense and finance cost (1,074 ) (2,955 ) \n Other income, net 4 269 \n Total other expense, net (1,070 ) (2,686 ) \n Net income from discontinued operations 3,765 48,048 \n\nDuring the three-month period ended March 31, 2026, the Company disposed of\nthe M/V Buenaventura Express recognizing a gain on sale of vessel of $4.2\nmillion.\n\nIII.      Discontinued Operations - Unaudited Condensed selected balance\nsheets information\n          (In thousands of United States Dollars)\n\n As of March 31, As of December 31, \n 2026 2025 \n Cash and cash equivalents 38 680 \n Trade accounts receivable 249 92 \n Prepayments and other assets 867 1,205 \n Claims 49 49 \n Assets held for sale - 122,212 \n Current assets of discontinued operations 1,203 124,238 \n Trade accounts payable 4,065 2,446 \n Accrued liabilities 8,738 9,017 \n Liabilities associated with vessel held for sale - 92,051 \n Current liabilities of discontinued operations 12,803 103,514 \n\nOn October 29, 2025, the Company entered into an MOA, to sell the M/V\nBuenaventura Express to an unaffiliated party for total consideration of\n$120,100. At that date, the Company considered that the M/V Buenaventura\nExpress met the criteria to be classified as held for sale and is included in\n“Current assets from discontinued operations” in the summarized unaudited\ncondensed selected balance sheet information from discontinued operations as\nof December 31, 2025. As of the MOA date, the M/V Buenaventura Express fair\nvalue less estimated costs to sell exceeded its carrying amount, so no\nimpairment charge was recognized. The vessel was delivered to its new owner on\nJanuary 19, 2026.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/b8a86152-e33c-4c66-8a6d-a9b156280b26)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-07T12:30:01.606087683Z","server_sent_at_ms":1778157001606},"received_at":"2026-05-07T12:30:01.744Z","source_url":"https://www.globenewswire.com/news-release/2026/05/07/3290011/20327/en/capital-clean-energy-carriers-corp-announces-first-quarter-2026-financial-results.html"},"analysis":{"id":"20101","press_release_id":"25672","analysis_json":{"industry":{"label":"Marine Transportation","sector":"Industrials"},"redFlags":["Revenue decreased 3.9% year-over-year","Net income from continuing operations decreased 44% year-over-year","Total expenses increased 25.7% year-over-year","Geopolitical tensions in the Middle East cited as creating market uncertainty"],"eventType":"earnings","narrative":"Capital Clean Energy Carriers reported Q1 2026 revenue of $98.0 million, down 3.9% year-over-year, with net income from continuing operations falling 44% to $18.3 million due to higher expenses and vessel off-hire days.\n\nThe company strengthened its balance sheet with a €250 million unsecured bond offering and formed a joint venture with an affiliate of BGN Group to divest a 49% stake in the LNG/C Amore Mio I, securing a 10-year charter with potential revenues up to $485.6 million.\n\nShareholder returns were highlighted by a declared dividend of $0.15 per share and the approval of a $20 million share repurchase program, alongside fleet expansion including the delivery of the Amadeus carrier and the accelerated construction of three LNG carriers.","sentiment":"mixed","agentHooks":{"shouldPost":true,"suggestedAngle":"Mixed earnings print offset by strategic JV formation, dividend initiation, and buyback authorization."},"keyFigures":{"eps":0.3,"revenue":98000000,"customDimensions":{"total_cash":546400000,"bond_offering_eur":250000000,"dividend_per_share":0.15,"jv_potential_revenue":485600000,"buyback_authorization":20000000,"net_income_continuing":18300000}},"quotedText":"During the first quarter, the Company continued to deliver on our strategy to build a leading gas transportation platform, generating both robust cash flows and further strengthening our financial position through a successful bond offering.","namedEntities":{"people":[{"name":"Jerry Kalogiratos","role":"Chief Executive Officer"},{"name":"Martin Houston","role":"Chairman"},{"name":"Keith Forman","role":"Vice-Chairman"}],"products":["LNG/C Amore Mio I","LNG/C Archimidis","LNG/C Agamemnon","LNG/C Alcaios I","Amadeus","LCO(2)/multi-gas carrier Active"],"companies":[{"name":"Capital Clean Energy Carriers Corp.","ticker":"CCEC"},{"name":"BGN Group","relationship":"partner"},{"name":"BGN INT DMCC","relationship":"counterparty"},{"name":"BM Capital HoldCo LLC","relationship":"joint venture"},{"name":"BMarine Shipping Investment FZCO","relationship":"joint venture partner"},{"name":"Hyundai Mipo Dockyard Co. Ltd","relationship":"supplier"}],"dollarAmounts":[{"amount":"$98.0 million","context":"Q1 2026 Revenues"},{"amount":"$18.3 million","context":"Q1 2026 Net Income"},{"amount":"$54.3 million","context":"Q1 2026 Expenses"},{"amount":"$23.0 million","context":"Q1 2026 Interest expense and finance cost"},{"amount":"$546.4 million","context":"Total cash as of March 31, 2026"},{"amount":"$2,626.1 million","context":"Total debt as of March 31, 2026"},{"amount":"$0.15","context":"Dividend per share for Q1 2026"},{"amount":"$20.0 million","context":"Share repurchase program authorization"},{"amount":"€250.0 million","context":"Unsecured bond offering"},{"amount":"$485.6 million","context":"Potential aggregate revenues from BGN time charter"},{"amount":"$230.0 million","context":"Acquisition price of LNG/C Amore Mio I by JV"},{"amount":"$216.0 million","context":"JOLCO facility amount for LNG/C Archimidis/Agamemnon"}]},"materialImpact":{"score":3,"reasoning":"While the company reported a year-over-year decline in revenue and net income from continuing operations, the quarter featured significant strategic actions including a new bond offering, a high-profile JV with BGN Group securing long-term charters, and shareholder-friendly moves like a dividend declaration and buyback authorization."},"tickerRelevance":{"others":[],"primary":"CCEC"},"globalImportance":30,"audienceRelevance":25,"eventTypeSecondary":["debt_offering","dividend","buyback","partnership","operations_update"],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"earnings_miss_with_capital_allocation","sectorWeight":"Industrials","strategicDealValue":">$400M potential JV revenue"}},"event_type":"earnings","event_type_secondary":["debt_offering","dividend","buyback","partnership","operations_update"],"sentiment":"mixed","material_impact_score":3,"narrative":"Capital Clean Energy Carriers reported Q1 2026 revenue of $98.0 million, down 3.9% year-over-year, with net income from continuing operations falling 44% to $18.3 million due to higher expenses and vessel off-hire days.\n\nThe company strengthened its balance sheet with a €250 million unsecured bond offering and formed a joint venture with an affiliate of BGN Group to divest a 49% stake in the LNG/C Amore Mio I, securing a 10-year charter with potential revenues up to $485.6 million.\n\nShareholder returns were highlighted by a declared dividend of $0.15 per share and the approval of a $20 million share repurchase program, alongside fleet expansion including the delivery of the Amadeus carrier and the accelerated construction of three LNG carriers.","key_figures":{"eps":0.3,"revenue":98000000,"customDimensions":{"total_cash":546400000,"bond_offering_eur":250000000,"dividend_per_share":0.15,"jv_potential_revenue":485600000,"buyback_authorization":20000000,"net_income_continuing":18300000}},"named_entities":{"people":[{"name":"Jerry Kalogiratos","role":"Chief Executive Officer"},{"name":"Martin Houston","role":"Chairman"},{"name":"Keith Forman","role":"Vice-Chairman"}],"products":["LNG/C Amore Mio I","LNG/C Archimidis","LNG/C Agamemnon","LNG/C Alcaios I","Amadeus","LCO(2)/multi-gas carrier Active"],"companies":[{"name":"Capital Clean Energy Carriers Corp.","ticker":"CCEC"},{"name":"BGN Group","relationship":"partner"},{"name":"BGN INT DMCC","relationship":"counterparty"},{"name":"BM Capital HoldCo LLC","relationship":"joint venture"},{"name":"BMarine Shipping Investment FZCO","relationship":"joint venture partner"},{"name":"Hyundai Mipo Dockyard Co. Ltd","relationship":"supplier"}],"dollarAmounts":[{"amount":"$98.0 million","context":"Q1 2026 Revenues"},{"amount":"$18.3 million","context":"Q1 2026 Net Income"},{"amount":"$54.3 million","context":"Q1 2026 Expenses"},{"amount":"$23.0 million","context":"Q1 2026 Interest expense and finance cost"},{"amount":"$546.4 million","context":"Total cash as of March 31, 2026"},{"amount":"$2,626.1 million","context":"Total debt as of March 31, 2026"},{"amount":"$0.15","context":"Dividend per share for Q1 2026"},{"amount":"$20.0 million","context":"Share repurchase program authorization"},{"amount":"€250.0 million","context":"Unsecured bond offering"},{"amount":"$485.6 million","context":"Potential aggregate revenues from BGN time charter"},{"amount":"$230.0 million","context":"Acquisition price of LNG/C Amore Mio I by JV"},{"amount":"$216.0 million","context":"JOLCO facility amount for LNG/C Archimidis/Agamemnon"}]},"model_name":"glm-4.7","prompt_hash":"sha256:f66160e0fe5301b2","schema_hash":"sha256:12363694422af5d9","created_at":"2026-05-07T22:28:07.164Z","global_importance":30,"audience_relevance":25,"importance_components":{"tickerTier":"mid-cap","eventGravity":"earnings_miss_with_capital_allocation","sectorWeight":"Industrials","strategicDealValue":">$400M potential JV revenue"}},"durationMs":147244,"modelName":"glm-4.7"}}