MPC Container Ships (MPCC) has inked contracts for two 1,600 teu boxship newbuilds with Fujian Mawei Shipyard in China.
The owner is investing $66 million in the newbuildings which are due for delivery in the second half of 2027. MPCC also has options for further newbuilds.
The new vessels have been fixed to an undisclosed “global liner operator” on eight charters with two year options and according to the company will generate $92 million in revenue and around $54 million of EBITDA over the period of the charters.
Constantin Baack, Co-CEO of MPCC. “This transaction is part of our long-term fleet renewal strategy, designed to generate sustainable value through modernization and optimisation. It underscores our strong strategic position and proven ability to execute value-enhancing deals that secure long-term charters with leading liner companies, reinforcing strategic partnerships, enhancing earnings visibility, and supporting disciplined growth.
“At the same time, we maintain a strong and flexible balance sheet with significant investment capacity, enabling us to advance our renewal program while remaining well-positioned to act on market opportunities should conditions soften,” he added.
