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Vessel Acquisition

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Oslo, 4 July 2017 - MPC Container Ships AS (the "Company") is pleased to announce that it has acquired and today taken over "Stadt Dresden"

Oslo, 4 July 2017 - MPC Container Ships AS (the "Company") is pleased to announce that it has acquired and today taken over "Stadt Dresden", a 2,742 TEU vessel built in Germany in 2006. Ahrenkiel Steamship is the technical ship manager while the commercial management of the vessel will be handled by Contchart. Upon re-delivery from her current charter employment the vessel will be re-named "AS Clara".

This brings the fleet operated by the Company to 13 vessels and takeover of another 2,127 TEU container ship is expected for mid July 2017.

Further information and contact:

MPC Container Ships AS
Managing Director
Constantin Baack
Email: ir@mpc-container.com

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