Shipping

Second round financing of MPC Container Ships AS successfully completed

09 Jun 2017

Hamburg/Oslo, June 9, 2017 - 'MPC Container Ships AS' today raised a further USD 75 million as part of a capital increase with international institutional investors. With the new funds, additional feeder container ships will be acquired in the size between 1,000 and 3,000 standard containers (TEUs) on the second-hand market.

The initial raise of USD 100 million in April 2017 was almost fully invested within just one month. The fleet of MPC Container Ships AS currently consists of 13 container ships and is managed mainly by the MPC Capital subsidiaries Ahrenkiel Steamship and Contchart.

Since the end of May, the shares of MPC Container Ships AS have been trading on the Merkur Market of the Oslo Stock Exchange under the ticker 'MPCC-ME'. The company has its offices and is registered in Oslo.


Contact

Stefan Zenker
Head of Investor & Public Relations

 +49 (40) 380 22 - 4347

 s.zenker@mpc-capital.com