Capital Clean Energy Carriers appoints LNG veteran Martin Houston as chair

The company, backed by Greek shipping magnate Evangelos Marinakis, said the change comes as it continues to build out its gas shipping platform with a growing LNG-focused fleet.

Houston said he was proud to take on the role at a time when the global LNG trade — and the shipping market that supports it — is expected to expand significantly in the coming years.      He noted that under Forman’s leadership, the company completed a major repositioning, shifting its focus towards gas transportation with an emphasis on LNG carriers.

Forman has led the company for the past eight years, during which it completed several major milestones, including converting from a partnership structure into a corporation and expanding its presence in gas shipping.

He added that Houston’s experience across the LNG value chain makes him well-suited to guide the company through its next phase of growth.

Houston has worked in the global energy sector for more than four decades. He previously served as chief operating officer and executive director at BG Group before retiring in 2014. More recently, he was co-founder and executive chairman of Tellurian, stepping down in 2024 following the company’s sale.      Capital Clean Energy Carriers currently operates a fleet of 14 vessels, including 12 LNG carriers, one handy LCO₂/multi-gas carrier and a legacy neo-panamax containership. The company also has 18 vessels under construction, including LNG carriers, dual-fuel med-size gas carriers and additional LCO₂/multi-gas ships scheduled for delivery between 2026 and 2029.