MPCC Q2 2024 Results: Backlog Increased to USD 1.1 Billion Creating Significant Earnings Visibility
Oslo, Norway – MPC Container Ships (“MPCC” or the “Company”) delivered another quarter of solid operational and financial results, supported by efficient operations and continued high fleet utilization. During the quarter, MPCC was able to capitalize on favorable market conditions, significantly strengthening its long-term contract coverage and charter backlog, which stood at USD 1.1 billion at the end of the period. Simultaneously, MPCC enhanced its fleet composition by undertaking key initiatives for fleet renewal and optimization. The Company continues to deliver attractive shareholder