MPC Container Ships executes further portfolio optimization measures
· Sale of joint venture vessels Carpathia and AS Cleopatra · Commercial agreement for the redelivery of vessels Carpathia and AS Carlotta · Total consideration USD 77.7m million, net USD 49.8m after joint venture consolidation and transaction costs · Board of Directors intends to declare event-driven distribution of USD 0.07/shareMPC Container Ships ASA (“MPCC” or the “Company”) is pleased to announce new measures for portfolio optimization and capital allocation. The Company has entered into agreements to sell vessels Carpathia and AS Cleopatra as well as commercial agreements for