With the appointment of Houston, Keith Forman is moving to a new role as vice-chairman, the Evangelos Marinakis-backed, US-listed shipping firm said in a statement on Monday.
Houston is currently the chairman of Omega Oil and Gas and a non-executive Director of Energean, BUPA Arabia, CC Energy, and Singapore GasCo.
In October 2024, he stepped down as co-founder and executive chairman of the Droftwood LNG developer Tellurian, following the company’s sale to Australian LNG player Woodside.
“I am immensely proud and privileged to take on the role of chairman at Capital Clean Energy Carriers as we enter a dynamic period of growth, with the global LNG and LNG shipping markets projected to expand by 50 percent over the next five years,” Houston said.
“Under Keith’s stewardship as chairman, the company and its management have successfully navigated a repositioning, now focusing on gas transportation with a focus on LNG shipping,” he said.
In December 2025, CCEC ordered three LNG carriers from South Korea’s HD Hyundai Samho.
One vessel is scheduled for delivery in the third quarter of 2028 and two further deliveries are scheduled in the first quarter of 2029.
The en-bloc shipbuilding price of these vessels is $769.5 million, or $256.5 per vessel.
With its latest order for three additional LNG carriers, CCEC said it reaffirms its strategic position as the largest US-listed LNG shipping company with 12 vessels currently in the water and nine on order.
CCEC said the company’s newbuilding deliveries span from the third quarter of 2026 to the first quarter of 2029, which coincides with the anticipated expansion of LNG liquefaction capacity from 493 mtpa today to at least 649 mtpa by 2030.
In addition, CCEC has on order an additional 10 gas carriers, including four handy LCO2/multi-gas carriers and six dual-fuel medium gas carriers, with deliveries starting in the first quarter of 2026.
