MPC OSE Offshore, an investment platform for offshore service vessels founded and managed by Hamburg-based MPC Capital, has concluded long-term financing for a fleet of new Offshore Survey and Support Vessels (OSSV).
MPC OSE Offshore’s offshore service vessels under construction are scheduled for delivery in 2026 and 2027. The lead investor in the platform is Eurazeo.
According to MPC, the financing is based on a conservative capital structure with around 50% debt per unit. The package includes pre-financing for the construction phase and a senior mortgage loan for the entire fleet. Ostfriesische Volksbank assumes the role of financing institution and is supported by a cooperative banking consortium. A credit guarantee from the Danish export and investment agency EIFO is intended to strengthen the credit rating and secure competitive conditions. The loan term is 12 years.
“This financing represents another important milestone for our offshore investment strategy,” says Felix Nölke, Managing Director for Maritime Investments at MPC Capital and MPC OSE Offshore. “The conservative leverage profile, the long-term tenor and the support of the Danish EIFO provide a resilient foundation for the OSSV fleet and underline the attractiveness of the platform for long-term investors.”
Guido Mülder, member of the Management Board of Ostfriesische Volksbank, points to the combination of a structured credit profile, high-quality assets and an experienced sponsor. The involvement of EIFO strengthens the risk framework and demonstrates the strategic importance of the project.
MPC OSE Offshore was initiated by MPC Capital and O.S. Energy at the end of 2024 to develop and operate specialized vessels for offshore wind and other applications. The newbuilds will be equipped with energy-efficient propulsion technology for low-emission operation and meet high ESG requirements.
