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International Cooperation Department
Tel.: (+86-21) 65853850-8034
Fax: (+86-21) 65373125
E-mail: ICDept@sisi-smu.org
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International Shipping |
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| MPCC spends US$228m on four 4,500 TEUers in China |
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Date:2025-07-23 Readers:
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NORWAY's Oslo-listed container tonnage provider MPC Container Ships (MPCC) has placed a US$228 million order for four 4,500 TEU container vessels at China's Taizhou Sanfu Ship Engineering with secured three-year charters.
The company is also divesting some older tonnage while expanding its financing platform with new debt facilities totalling over $100 million, reports Singapore's Splash 247.
The ships, which will deliver in 2027, will generate around $140 million in revenue from their initial three-year charters, the company said in a release.
The tonnage provider revealed it is letting go of three older 1,300 TEU ships for $31.5 million with existing charters attached.
"Our ongoing fleet renewal strategy is further reinforced by these measures," said CEO Constantin Baack.
https://www.shippingazette.com/news?news_id=9250700001079
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