MPCC Continues Strategic Fleet Renewal with Newbuild Orders against Long-Term Charters
Norway, Oct. 14 -- MPC Container Ships ("MPCC" or the "Company") has placed an order for two 1,600 TEU container vessels in combination with 8-year charters to one of the leading global liner operators* MPCC has signed contracts for two 1,600 TEU high cube container vessels with Chinese Fujian Mawei Shipyard and deliveries scheduled in the second half of 2027.* The total investment amounts to USD 66 million and the Company holds options for additional vessels, offering future scalability in line with market opportunities.* Each vessel has been fixed on 8-year time charter (plus a 2-year optional period) with a leading global liner company, expected to generate approximately USD 92 million in revenue and contribute around USD 54 million in E...
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