Fleet expansion at MPC Container Ships: The Oslo-listed company has ordered four container ships, each with a capacity of 4,500 TEU, from the Chinese shipyard Taizhou Sanfu Ship Engineering.
The order is valued at USD 228 million, and the vessels are to be chartered out under secured three-year contracts. According to a company statement, the initial contracts will generate a turnover of USD 140 million.
The new vessels will be equipped with energy-efficient technologies and are expected to have approximately 50% lower slot costs compared to many similar vessels currently in service. They will be prepared for dual-fuel operation, enabling future conversion to ammonia or methanol. Delivery is planned for 2027.
MPC has also sold three 1,300 TEU vessels with an average age of 18 years. These will be sold for USD 31.5 million with their existing charter contracts.
“Our ongoing fleet renewal strategy is further strengthened by these measures,” said Constantin Baack, CEO of MPC Capital AG. “They underscore our ability to structure value-enhancing transactions and secure long-term relationships with world-class liner shipping companies. Thanks to a strong balance sheet and the new financing facilities, we are expanding our ability to capitalize on value-enhancing opportunities in line with our strategy. These steps deepen our strategic partnerships, improve earnings visibility and support our growth ambitions. Ultimately, they promote long-term value creation for our shareholders and strengthen the long-term value of the company.”
