MPC Container Ships (MPCC) has placed an order worth USD 228 million for four container vessels, sold off older ships, signed new charter deals, and secured over USD 100 million in financing to modernise its fleet.
MPCC has signed a contract with Chinese shipbuilder Taizhou Sanfu Ship Engineering to build four container ships, each with a capacity of 4,500 TEU. These vessels are scheduled to be delivered starting from the second half of 2027.
Each of these four new ships has already been chartered out for three years to a top global liner company. These contracts are expected to bring in about USD 140 million in total revenue and generate around USD 100 million in EBITDA during the charter period.
The new vessels will use the latest energy-efficient technology, which is expected to cut slot costs by roughly 50% compared to many older ships currently in service. They will
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