US/UK/Canada

Share

Links

Pick a time period -
Tags ( Active)

MPCC: Changes to the Board of Directors

Oslo, Norway, 12 December, 2024 – The Board of Directors of MPC Container Ships ASA (the "Company") has today received a letter from Dr. Axel Schroeder, informing them of his intention to resign from his position as a member of the Company's Board of Directors. Simultaneously, MPC Capital AG has today notified the Company's Board of Directors of its decision to exercise its right to appoint Mr. Petros Panagiotidis to the Company's Board of Directors, in accordance with § 6 of the Company's Articles of Association. The change of the Board of Directors comes as a result of MPC

Key information relating to the cash dividend to be paid by MPC Container Ships ASA

Reference is made to the declaration of dividends in the quarterly results for Q3 2024 published by MPC Container Ships ASA at 07:00 CET on November 26, 2024. Dividend amount: USD 0.10 per share.Declared currency: USD. The distribution will be made in NOK. Last day including right: December 11, 2024Ex-date: December 12, 2024Record date: December 13, 2024Payment date: December 19, 2024 (on or about)Date of board resolution: November 25, 2024 This information is published in accordance with the requirements of the Continuing Obligations. Contact:ir@mpc-container.com

MPCC Q3 2024 Results: Significant earnings visibility from further increased charter backlog

Oslo, Norway, November 26, 2024 - MPC Container Ships ("MPCC" or the "Company", Oslo Børs Ticker: MPCC), today presented its quarterly results for the third quarter of 2024. MPCC delivered another quarter of robust financial and operational performance, characterized by high utilization and maximized revenue generation. This quarter’s performance demonstrates the Company’s continued ability to capitalize on the strong market, strengthening long-term contract coverage and revenue visibility with a backlog of USD 1.2 billion with 2024 fully booked and coverage for 85% of open days in 2025 and

MPCC: Invitation to Q3 2024 Earnings Call

MPC Container Ships ASA will publish its Q3 2024 financial report on Tuesday, November 26, 2024.Constantin Baack, CEO, and Moritz Fuhrmann, Co-CEO and CFO, will present the results in an earnings call at 15:00 CET / 09:00 ET on November 26, 2024, followed by a Q&A session. The earnings call can be accessed live via webcast and questions can be submitted in writing. A recording will be available on demand at the Company's website after the live event has concluded. The earnings call can be accessed through the following link: Webcast Q3 2024 

MPCC: Successful Placement of USD 125 million Senior Unsecured Sustainability-linked Bond Issue

Oslo, Norway - MPC Container Ships ASA (the "Company") has today successfully completed a USD 125 million senior unsecured sustainability-linked bond maturing on October 9, 2029. The bonds will pay a coupon of 7.375 % per annum. Following a successful two-day roadshow, the bond issue attracted strong demand from a broad range of high-quality institutional investors globally. The book was significantly oversubscribed, enabling the deal to be upsized from USD 100 million to USD 125 million. Net proceeds from the bond issue will be applied towards general corporate purposes, including

MPCC Continues Fleet Renewal and Secures Attractive Charter

Oslo, Norway - MPC Container Ships (“MPCC” or the “Company”) is pleased to announce strategic measures aimed at further optimizing its portfolio and enhancing its fleet composition, thereby strengthening the Company’s backlog and improving earnings visibility. With reference to the stock exchange announcement on 23 September 2024, the Company will acquire four 3,800 TEU wide beam eco-design vessels at a total price of USD 180 million. The vessels are expected to be handed over from their current owner in the fourth quarter of 2024, and will continue to run under their current charter

MPCC: Expected vessel acquisition and updated Investor Presentation for fixed income investor meetings

Oslo, Norway – As announced on 20 September 2024, MPC Container Ships ASA ("MPCC" or the "Company") has mandated Arctic Securities and Pareto Securities as Joint Global Coordinators and Joint Bookrunners to arrange a series of fixed income investor meetings. In parallel, MPCC is pleased to inform that, the Company has the option to acquire four vessels for a total consideration of USD 180 million, subject to customary conditions. The vessel acquisition is not conditional upon the contemplated bond issuance, and the bond issuance is not conditional upon the expected acquisition. Key

MPCC: Fixed income investor meetings

Oslo, Norway - MPC Container Ships ASA (the "Company") has mandated Arctic Securities and Pareto Securities as Joint Global Coordinators and Joint Bookrunners to arrange a series of fixed income investor meetings commencing Monday 23 September. A new USD denominated 5-year sustainability-linked senior unsecured bond issue may follow, subject to inter alia market conditions. The net proceeds from the contemplated bond issue shall be applied towards general corporate purposes of the Group, including refinancing of existing financial indebtedness and acquisition of maritime assets.

MPCC to Present at Pareto Securities Energy Conference

MPC Container Ships ASA will present at the Pareto Securities' 31th Annual Energy Conference today at 11:50 CEST. The presentation is enclosed to this release and available on the Company's website www.mpc-container.com For further queries, please contact:ir@mpc-container.com About MPC Container ShipsMPC Container Ships ASA (ticker code "MPCC") is a leading container tonnage provider focusing on small to mid-size container ships. Its main activity is to own and operate a portfolio of container ships serving intra-regional trade lanes on fixed-rate charters. The Company is

Key information relating to the cash dividend to be paid by MPC Container Ships ASA

Reference is made to the declaration of dividends in the quarterly results for Q2 2024 published by MPC Container Ships ASA at 07:00 CET on August 28, 2024. Dividend amount: USD 0.10 per share.Declared currency: USD. The distribution will be made in NOK. Last day including right: September 16, 2024Ex-date: September 17, 2024Record date: September 18, 2024Payment date: September 24, 2024 (on or about)Date of board resolution: August 27, 2024 This information is published in accordance with the requirements of the Continuing Obligations. Contact:ir@mpc-container.com

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

MPCC: Invitation to Q2 2024 Earnings Call

MPC Container Ships ASA will publish its Q2 2024 financial report on Wednesday, August 28, 2024. Constantin Baack, CEO, and Moritz Fuhrmann, Co-CEO and CFO, will present the results in an earnings call at 15:00 CET / 09:00 ET on August 28, 2024, followed by a Q&A session. The earnings call can be accessed live via webcast and questions can be submitted in writing. A recording will be available on demand at the Company's website after the live event has concluded. The earnings call can be accessed through the following link: https://channel.royalcast.com/landingpage/hegnarmedia/

MPCC Announces Vessel Acquisitions and New Charter Package Deal

Oslo, Norway – MPC Container Ships ASA (“MPCC” or the “Company”) is pleased to announce the acquisition of two 3,500 TEU vessels and a charter agreement package for a total of 10 vessels, including the new acquisitions, thereby strengthening the Company’s backlog and improving earnings visibility. The acquisition consists of two 3,500 TEU vessels at a total price of USD 47.25 million. The vessels are expected to be handed over from their current owner in the third quarter of 2024 and will be delivered into pre-agreed firm 36-month time charter contracts with a top-tier liner company.

Key information relating to the cash dividend to be paid by MPC Container Ships ASA

Reference is made to the declaration of dividends in the quarterly results for Q1 2024 published by MPC Container Ships ASA at 07:00 CET on May 28, 2024. Dividend amount: USD 0.13 per share.Declared currency: USD. The distribution will be made in NOK. Last day including right: June 19, 2024Ex-date: June 20, 2024Record date: June 21, 2024Payment date: June 27, 2024 (on or about)Date of board resolution: May 27, 2024 This information is published in accordance with the requirements of the Continuing Obligations. Contact:ir@mpc-container.com About MPC Container Ships

MPC Container Ships Reports Q1 2024 Results

Highlights · Strong operating revenues of USD 147.5 million. · EBITDA was USD 96.1 million, compared to USD 141.4 million in Q1 2023. Adj. for non-recurring items, EBITDA was USD 96.3 million compared to USD 110.7 million in Q1 2023. · Profit for the period was USD 76.5 million. Adj. for non-recurring items, the profit for the period was USD 76.7 million compared to USD 88.9 million in Q1 2023. · Adj. EPS was USD 0.17 (Q1 2023: USD 0.20) and the Board has declared a quarterly recurring dividend of USD 0.13 per share. · Average TCE was USD 27,452 per day in Q1 2024, compared

MPCC: Invitation to Q1 2024 Earnings Call

MPC Container Ships ASA will publish its Q1 2024 financial report on Tuesday, May 28, 2024. Constantin Baack, CEO, and Moritz Fuhrmann, Co-CEO and CFO, will present the results in an earnings call at 15:00 CET / 09:00 ET on May 28, 2024, followed by a Q&A session. The earnings call can be accessed live via webcast and questions can be submitted in writing. A recording will be available on demand at the Company's website after the live event has concluded. The earnings call can be accessed through the following link: https://channel.royalcast.com/landingpage/hegnarmedia/20240528_1/

MPCC Secures ECA-Covered Sustainable Financing for Its Dual-Fuel Methanol Newbuildings and Announces Co-CEO Structure

MPCC Secures ECA-Covered Loan Oslo, Norway – MPC Container Ships ASA (MPCC) has successfully signed a USD 55 million pre- and post-delivery ECA covered financing agreement with Deutsche Bank and SINOSURE for its two dual-fuel methanol newbuildings. The vessels are scheduled for delivery towards the end of 2024 and are secured by 15-year time charter agreements with North Sea Container Line (NCL). The loan matures in 2036. The two vessels feature dual-fuel engines that enable operation on green methanol. Thus, this financing has been internally classified by the lender as Sustainable

MPCC: Minutes from the Annual General Meeting 2024

Oslo, Norway – The annual general meeting of MPC Container Ships ASA (the "Company") was held today a as a virtual meeting with online participation. The general meeting adopted all resolutions on the agenda. The minutes from the meeting are enclosed to this release and available on the Company’s website at https://www.mpc-container.com/governance/general-meetings/ For additional information, contact:ir@mpc-container.com. This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act. About MPC Container Ships:MPC

MPCC: Notice of Annual General Meeting 2024

Notice is hereby served that the annual general meeting of MPC Container Ships ASA will be held on April 17, 2024, at 10:00 CEST as a virtual meeting. The notice is attached hereto including instructions of how to register advance votes or delegate proxy. Detailed information is also available on the Company’s website at https://www.mpc-container.com/governance/general-meetings/ The deadline for registration of advance votes, proxy, and voting instructions is April 16, 2024, at 12:00 CEST. Proxies without voting instructions may trigger disclosure requirements under Norwegian law.

MPC Container Ships Annual and Sustainability Report for 2023

MPC Container Ships ASA has today published its Annual Report and Sustainability Report for 2023 as well as its annual financial statements in European Single Electronic Format (ESEF).  The Annual and Sustainability Report and the ESEF file are enclosed to this release and available on the Company's website at https://www.mpc-container.com/investors/financial-reports/. The Company's Remuneration Report and Corporate Governance Report are included as sections of the Annual Report. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian

There are no items matching the current filter
There are no more items matching the current filter
Back to top

Subscribe