MPC Container Ships Invest B.V. reports Q1 and three-month 2020 Results
Oslo/Rhoon, 27 May 2020 - MPC Container Ships Invest B.V. (the "Company", together with its subsidiaries the "Group") today published its unaudited financial report for the three-month period ended 31 March 2020. The Group reported a net loss of USD 6.9 million for Q1 2020 (Q4 2019: net loss of USD 9.4 million). Following the outbreak of COVID-19, the Group and its parent company, the Oslo Stock Exchange-listed feeder containership owner MPC Container Ships ASA ("MPCC") are experiencing significantly reduced charter rates and utilization of their fleet due to lower containerized freight