CCEC Revenue Rises Despite Lower Net Income in Q2

Capital Clean Energy Carriers (CCEC) reported Q2 net income from continuing operations of $29 million, down from $29.7 million in the prior-year period.

The company's revenue rose to $104.9 million for the three months ended June 30, up from $96.7 million in the same quarter last year.

CFO Nikos Kalampotharakos attributed the increase to a larger average fleet following the delivery of several new vessels, including two handy gas carriers, one dual-fuel medium gas carrier, and two LNG carriers.