Vessel Acquisition

Oslo, 4 April 2018 - MPC Container Ships ASA (OSE: MPCC, the "Company") is pleased to announce that it has entered into an agreement to acquire "SITC Makassar" (tbn "AS Patricia"), a 2,496 TEU vessel built in 2006 in Germany. The vessel will be acquired for USD 9.9m, including initial working capital.

Oslo, 4 April 2018 - MPC Container Ships ASA (OSE: MPCC, the "Company") is pleased to announce that it has entered into an agreement to acquire "SITC Makassar" (tbn "AS Patricia"), a 2,496 TEU vessel built in 2006 in Germany. The vessel will be acquired for USD 9.9m, including initial working capital.

The vessel will be taken over by the Company’s 50/50 joint venture in the course of April 2018. 


Further information and contact: ir@mpc-container.com

About Us

MPC Container Ships ASA owns and operates a fleet of container ships with a focus on the feeder segment between 1,000 and 3,000 TEU. The company was set up on the basis of favorable near- to mid-term market dynamics for the container feeder segment: attractive supply/demand patterns in intra-regional trades and historically low asset values protected by high recycling prices. The company is listed at the Oslo Stock Exchange (ticker: "MPCC") and has its business office in Oslo, Norway. For more information, please visit our webpage.

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