{"id":830206,"date":"2025-03-26T16:10:16","date_gmt":"2025-03-26T20:10:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/capital-clean-energy-carriers-corp-joins-mit-maritime-consortium-as-founding-member-to-advance-research-and-development-of-groundbreaking-technologies\/"},"modified":"2025-03-26T16:10:16","modified_gmt":"2025-03-26T20:10:16","slug":"capital-clean-energy-carriers-corp-joins-mit-maritime-consortium-as-founding-member-to-advance-research-and-development-of-groundbreaking-technologies","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/capital-clean-energy-carriers-corp-joins-mit-maritime-consortium-as-founding-member-to-advance-research-and-development-of-groundbreaking-technologies\/","title":{"rendered":"Capital Clean Energy Carriers Corp. Joins MIT Maritime Consortium as Founding Member to Advance Research and Development of Groundbreaking Technologies"},"content":{"rendered":"
\n

ATHENS, Greece, March 26, 2025 (GLOBE NEWSWIRE) — Capital Clean Energy Carriers Corp. (NASDAQ: CCEC), an international owner of ocean-going vessels, today announced its participation as a Founding Member of the newly established MIT Maritime Consortium, joining forces with the American Bureau of Shipping (ABS) and HD Korea Shipbuilding & Offshore Engineering. This pioneering international collaboration between academia and leading maritime stakeholders is dedicated to developing cutting-edge technologies aimed at enhancing industry competitiveness while reducing environmental impact.<\/p>\n

This new international consortium brings together academic and maritime industry leaders, developing new technologies for nuclear propulsion and alternative fuels, data-powered strategies for efficient operation and decision making, autonomy and cybersecurity, as well as on-board manufacturing of spare parts. By addressing climate-harming emissions in the maritime shipping industry – which currently transports 90% of world cargoes, while contributing 2% of global energy-related CO2 emissions – this initiative supports compliant, environmentally friendly operations aligned with the decarbonization goals set by the International Maritime Organization.<\/p>\n

Together the members aim to explore new designs that meet the economic, technological and environmental requirements of commercial shipping, assess the feasibility of alternative fuels, develop data-driven algorithms, and enhance autonomous platforms focused on climate, sustainability, AI and AR for manufacturing. The MIT Maritime Consortium\u2019s Founding Members include the American Bureau of Shipping (ABS), Capital Clean Energy Carriers Corp., and HD Korea Shipbuilding & Offshore Engineering. Innovation Members include Foresight-Group, Navios\u202fMaritime Partners L.P., Singapore Maritime Institute, and Dorian LPG.<\/p>\n

Prof. Themis Sapsis, Director of the Center for Ocean Engineering at MIT stated, \u201cThis consortium envisions to develop novel engineering solutions towards ship decarbonization, such as nuclear propulsion, advanced data analytics and autonomy, sophisticated cybersecurity frameworks, novel hydrodynamic advancements, and 3D printing technologies, that will create competitive advantage for companies and organizations. \u201cIt is an effort that will bring the latest and greatest from MIT, catalyzing synergies between participating companies and almost every department in the School of Engineering, and in close collaboration with the Schwarzman College of Computing, while elevating our programs in technology and policy, which is an essential ingredient for this type of effort,\u201d Sapsis said.<\/p>\n

\u201cThis consortium brings a powerful collection of significant companies that, together, has the potential to be a global shipping shaper in itself,\u201d said Christopher J. Wiernicki, ABS Chairman and CEO. \u201cThe members are all world-class organizations and real difference makers. The ability to harness their experience and know-how, along with MIT\u2019s technology reach creates real jet fuel to drive progress. As well as researching key barriers, bottlenecks and knowledge gaps in the emissions challenge, the consortium looks to enable development of the novel technology and policy innovation that will be key. Long term, the consortium hopes to provide the gravity we will need to bend the curve to reach emissions objectives\u201d.<\/p>\n

As a Founding Member of the Consortium, Capital Clean Energy Carriers Corp. hopes to play a pivotal role in providing operational expertise and real-world insights from its diverse fleet, which includes various vessel types and technologies. This collaboration aims to drive innovation, establish robust standards, and shape forward-looking policies. By leveraging these insights, along with consortium members, CCEC, will look to contribute to the development of enhanced AI-driven models and technological solutions aimed at optimizing ship efficiency, improving predictive maintenance, and advancing autonomous decision-making.<\/p>\n

\u201cAt Capital Clean Energy Carriers Corp., we are spearheading the advancement of cutting-edge technologies in the global maritime industry for a more energy-efficient, safer, and sustainable shipping industry. We firmly believe that the newly founded Maritime Consortium will drive transformative change, fostering innovation in maritime practices, strengthening resilience against challenges, and paving the way for a more sustainable future,\u201d Jerry Kalogiratos, Chief Executive Officer of CCEC commented. CCEC\u2019s participation in the Maritime Consortium is a milestone that underscores the company\u2019s unwavering commitment to cleaner energy solutions shaping a greener future for the industry.<\/p>\n

\u201cWe are pleased to jointly demonstrate HiNAS [Hyundai intelligent Navigation Assistant System] with Capital as part of our efforts to advance AI-based autonomous navigation. We will initiate integrated verification of various solutions developed in collaboration with Avikus. Through our involvement in this consortium, we aim to set global technology standards and spearhead the development of next-generation eco-friendly ships that are both cost-efficient and dependable,\u201d said Mr. Chang Kwangpil, CTO of HD Korea Shipbuilding & Offshore Engineering.<\/p>\n

Learn more about the Maritime Consortium at MIT Maritime Consortium \u2013 Maritime Research at MIT: maritime.mit.edu.<\/p>\n

\n About<\/strong>
\n Capital<\/strong>
\n Clean<\/strong>
\n Energy<\/strong>
\n Carriers<\/strong>
\n Corp.
<\/strong>Capital Clean Energy Carriers Corp. (NASDAQ: CCEC), an international shipping company, is one of the world\u2019s leading platforms of gas carriage solutions with a focus on energy transition. CCEC\u2019s in-the-water fleet includes 16 high specification vessels, including 12 latest generation LNG\/Cs and four legacy Neo-Panamax container vessels, one of which we have agreed to sell within the first quarter of 2025. In addition, CCEC\u2019s under construction fleet includes six additional latest generation LNG\/Cs, six dual-fuel medium gas carriers and four handy liquid CO2\/multi-gas carriers, to be delivered between the first quarter of 2026 and the third quarter of 2027.<\/p>\n

\n For<\/strong>
\n more<\/strong>
\n information<\/strong>
\n about<\/strong>
\n the<\/strong>
\n Company,<\/strong>
\n please<\/strong>
\n visit:<\/strong>
\n
\n
\n www.capitalcleanenergycarriers.com<\/u>
\n <\/strong>
\n .<\/strong>
\n <\/a>\n <\/p>\n

\n Forward-Looking Statements <\/strong>\n <\/p>\n

The statements in this press release that are not historical facts may be forward-looking statements (as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended). These forward-looking statements involve risks and uncertainties that could cause the stated or forecasted results to be materially different from those anticipated. Unless required by law, we expressly disclaim any obligation to update or revise any of these forward-looking statements, whether because of future events, new information, a change in our views or expectations, to conform to actual results or otherwise. We assume no responsibility for the accuracy and completeness of the forward-looking statements. We make no prediction or statement about the performance of our common shares.<\/p>\n

\n Contact<\/strong>
\n Details:<\/strong>\n <\/p>\n

\n Capital<\/strong>
\n GP<\/strong>
\n L.L.C.<\/strong>
\n
Brian Gallagher
EVP Investor Relations
Tel. +44-(770) 368 4996
E-mail: b.gallagher@capitalmaritime.com<\/u><\/a><\/p>\n

\n Investor<\/strong>
\n Relations<\/strong>
\n \/<\/strong>
\n Media<\/strong>
\n
Nicolas Bornozis
Capital Link Inc. (New York)
Tel. +1-212-661-7566
E-mail: ccec@capitallink.com<\/u><\/a><\/p>\n

Source: Capital Clean Energy Carriers Corp.<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

ATHENS, Greece, March 26, 2025 (GLOBE NEWSWIRE) — Capital Clean Energy Carriers Corp. (NASDAQ: CCEC), an international owner of ocean-going vessels, today announced its participation as a Founding Member of the newly established MIT Maritime Consortium, joining forces with the American Bureau of Shipping (ABS) and HD Korea Shipbuilding & Offshore Engineering. This pioneering international collaboration between academia and leading maritime stakeholders is dedicated to developing cutting-edge technologies aimed at enhancing industry competitiveness while reducing environmental impact. This new international consortium brings together academic and maritime industry leaders, developing new technologies for nuclear propulsion and alternative fuels, data-powered strategies for efficient operation and decision making, autonomy and cybersecurity, as well as on-board manufacturing of spare parts. By addressing climate-harming emissions … <\/p>\n

Continue reading “Capital Clean Energy Carriers Corp. Joins MIT Maritime Consortium as Founding Member to Advance Research and Development of Groundbreaking Technologies”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-830206","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCapital Clean Energy Carriers Corp. 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