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MPC Container Ships ASA ( (MPZZF) ) has issued an update.
MPC Container Ships ASA has announced contracts with Jiangsu Hantong Ship Heavy Industry Co. Ltd. for the construction of four 4,500 TEU container vessels, with delivery starting in 2028. This strategic move, which includes options for two additional vessels, is part of MPCC’s fleet renewal strategy aimed at enhancing operational efficiency and environmental compliance. The vessels are expected to generate significant revenue and EBITDA, supporting the company’s financial flexibility and commitment to long-term shareholder value.
More about MPC Container Ships ASA
MPC Container Ships ASA is a leading provider in the container shipping industry, focusing on small to mid-size container ships. The company primarily owns and operates a portfolio of container ships that serve intra-regional trade lanes on fixed-rate charters. It is based in Oslo, Norway.
Average Trading Volume: 2,358,645
Current Market Cap: NOK7.66B
See more insights into MPZZF stock on TipRanks’ Stock Analysis page.