Capital Clean Energy Carriers Corp. · NASDAQ:CCEC
Capital Clean Energy Carriers — Q3 2025 Earnings Presentation
22 slides from Capital Clean Energy Carriers's earnings presentation, Oct 30, 2025
Slide 1: Q3 2025 Earnings Presentation
Q3 2025 EARNINGS PRESENTATION October 30, 2025 capitalcleanenergycarriers.com
Slide 2: Important Notice
Important Notice This presentation contains forward-looking statements (as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended). These statements can be identified by the fact that they do not relate only to historical or current facts. In particular, forward-looki
Slide 3: Q3 2025 Highlights
01 Q3 2025 Highlights www.capitalcleanenergycarriers.com
Slide 4: Third Quarter 2025 Highlights
Third Quarter 2025 Highlights • Secured employment of up to 10 years for one of our newbuilding LNG/Cs • Financing for all our DF MGCs and LCO2/multi-gas carriers completed • Completion of 13,300 TEU container carrier sale in October 2025 • Q3 2025 dividend $0.15 per share represents 74th consecutiv
Slide 5: Financials
02 Financials www.capitalcleanenergycarriers.com
Slide 6: Profit Statement – Highlights
Profit Statement – Highlights Key commentary For the Three-Month For the Three-Month Period Ended Period Ended September 30 2025 September 30 2024 Revenues 99,506 102,440 Two LNG/C special surveys 1 Expenses: completed during quarter Voyage expenses 2,330 2,831 (Aristos I & Aristidis I) Voyage opera
Slide 7: Balance Sheet – Highlights
Balance Sheet – Highlights Key commentary As at end As at end September 30, 2025 December 31, 2024 1 Solid cash position of Assets $332.3 million Current Assets 442,351 405,543 (including restricted cash) Fixed Assets 3,580,175 3,469,915 Other Non-Current Assets 114,391 237,424 2 Total Asset
Slide 8: CCEC Strategic Update
03 CCEC Strategic Update www.capitalcleanenergycarriers.com
Slide 9: CCEC - LNG Time Charter Book
CCEC - LNG Time Charter Book Contracted backlog of 93 years at an average TCE of $87,0061, or ~$2.8bn of LNG/C charter revenue Backlog could increase to 126 years, or $4.0bn with all options exercised 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 Firm With Options Attalos 203
Slide 10: CCEC – Diversified & High-Quality Contracted Revenue
CCEC – Diversified & High-Quality Contracted Revenue Contracted Revenue Backlog: $3.0 billion1 Diversified Contracted Revenue Base1 Million No single customer more than 19% of charter book $3,000 $2,548.5 3% 7% $2,500 12% 10% $2,000 11% $1,500 19% $1,000 10% 4% $500 $392.0 8% 14% 2% $106.1 $0 2025 r
Slide 11: CCEC Capital Expenditure Program
CCEC Capital Expenditure Program Newbuilding program financing well supported Million $2,500 2,347 $2,000 ( 332 ) $1,500 ( 580 ) ( 26 ) $1,000 $500 216 $0 -$500 (1,625) Newbuilding Program Cash Capex paid M/V Manzanillo sale Debt Net Equity Inflow Notes: 1. Newbuilding Program reflects the total acq
Slide 12: LNG Market Update
04 LNG Market Update www.capitalcleanenergycarriers.com
Slide 13: Estimated gross LNG/C requirements by project
Surge of FIDs in 2025 – Three new FIDs in Q3, 7 in total YTD Surge in LNG FIDs underpins demand for an additional ~70-120 LNG/Cs Corpus Rio Grande Port Arthur Rio Grande Louisiana CP2 Ph.1 Coral North Christi T4 Ph.2 T5 April 2025 July 2025 Oct 2025 June 2025 Sept 2025 Sept 2025 Oct 2025 18 50 16.5
Slide 14: EU Full ban on Russian LNG imports ~ positive for shipping
EU Full ban on Russian LNG imports ~ positive for shipping EU likely to replace Russian LNG with USA LNG; Russian LNG to move long haul to China Yamal Rotterdam Caofeidian Sabine Pass Yamal to China 13,600 nm – Winter route Yamal to China 6,000 nm – Summer route EU Moves to Fast-Track Russian LNG Ba
Slide 15: LNG/C Shipping: Scrapping potential as market rebalances
LNG/C Shipping: Scrapping potential as market rebalances Number of idle steam vessels is increasing... …leading to higher levels of demolition 20 50 16 18 45 14 43 16 40 38 14 37 37 12 35 Average age LNG/C scrapped 12 % of fleet idle 10 30 29 10 26 8 25 8 14 6 20 6 4 15 8 4 2 7 10 6 6 0 2 Jan-22 Sep
Slide 16: Scrapping Outlook – Steam Turbine LNG/C charters expiring
Scrapping Outlook – Steam Turbine LNG/C charters expiring 86 steam vessels coming off contract in next 5 years 12 11 10 9 6 5 5 4 4 3 3 3 2 2 2 2 1 1 1 Q4 25 Q1 26 Q2 26 Q3 26 Q4 26 Q1 27 Q2 27 Q3 27 Q4 27 Q1 28 Q2 28 Q3 28 Q4 28 Q1 29 Q2 29 Q3 29 Q4 29 Q1 30 Q2 30 Q3 30 16 Source: SSY
Slide 17: Scrapping Outlook – ST vessels approaching special surveys
Scrapping Outlook – ST vessels approaching special surveys Special Surveys strong scrapping trigger with >120 vessels due Steam fleet age profile before 2029 40 2 35+ 9 35 5 4 30-35 46 Steam >25 yrs 30 7 5 3 7 7 # of LNG/C due SS each year 1 12 6 25-30 25 2 21 29 20 6 16 20-25 19 94 Steam >20 yrs 15
Slide 18: LNG sector inflection point – late 2027/early 2028
LNG sector inflection point – late 2027/early 2028 LNG Shipping Supply & Demand Balance 700 600 607 600 569 500 400 419 444 # of LNG/Cs 430 437 277 370 300 190 263 200 131 319 328 334 340 340 82 268 231 100 185 207 215 195 149 171 141 88 71 0 -17 -36 -61 -88 -113 -139 -169 -100 -199 -200 Assume scra
Slide 19: Summary
06 Summary www.capitalcleanenergycarriers.com
Slide 20: CCEC – Ultra modern gas fleet to meet future challenges
CCEC – Ultra modern gas fleet to meet future challenges On the water New Deliveries 2020 2021 2021 2021 2021 2021 2026 2026 2027 2027 2027 2027 LNG carriers All dual fuel Vessel under term charter 174k cbm 2023 2023 2024 2024 2024 2024 Capable of transporting LPG, Mid Sized NH3 2026 2026 2027 2027 2
Slide 21: CCEC – Largest Gas Carrier Fleet by 2027
1 CCEC – Largest Gas Carrier Fleet by 2027 Expected to become largest & youngest fleet1 of energy 1.8 Years 30 Vessels ✓ Avg. Fleet Age2 Fleet Size2 transition vessels Average charter duration ✓ Significant blue chip charter coverage = cashflow stability 6.9 years with total contracted revenue backl
Slide 22: Thank You for your Attention
Thank You for your Attention 30 April 2025 Brian Gallagher capitalcleanenergycarriers.co m
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