Vessel Acquisitions

Oslo, 11 December 2017 - MPC Container Ships AS (the "Company") is pleased to announce that it has entered into agreements to acquire “Vilana” (tbn “AS Cleopatra”), “Cap Pasado” (tbn “AS Christiania”) and “Cap Blanche” (tbn “AS Carlotta”).

Oslo, 11 December 2017 - MPC Container Ships AS (the "Company") is pleased to announce that it has entered into agreements to acquire “Vilana” (tbn “AS Cleopatra”), “Cap Pasado” (tbn “AS Christiania”) and “Cap Blanche” (tbn “AS Carlotta”), three 2,742 TEU vessels built in 2006 at Aker MTW Werft, Germany. The total purchase price for the three vessels is USD 31.9m.

Physical takeover of the vessels is expected to take place before year end, lifting the fleet of the Company to 39 vessels.

Further information and contact:

MPC Container Ships AS

Managing Director

Constantin Baack

Email: ir@mpc-container.com