MPC Container Ships Bolsters Fleet with Boxship Duo

Norwegian shipowner MPC Container Ships ASA is resuming its boxship buying spree with another second-hand purchase worth USD 21.8 million.

Namely, the company said in a regulatory filing that it has inked agreements to acquire two 2,800 TEU vessels built in 2006 at Hyundai Mipo Dockyard, South Korea.

The two ships are AS Carolin and AS Camellia which are slated for delivery in February 2018.

The latest purchase has pushed the company’s fleet to 43 ships.

The purchase follows Oslo Stock Exchange’s approval for a full listing of the company’s shares on Oslo Axess.

Trading of the company’s shares on Oslo Axess started on January 29 under the ticker symbol “MPCC”.

In addition, the company said earlier this month that it was considering a USD 100 million senior secured tap issue of its outstanding bonds maturing in September 2022.