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An announcement from MPC Container Ships ASA ( (MPZZF) ) is now available.
MPC Container Ships ASA has announced an order for two 1,600 TEU container vessels, with deliveries expected in the second half of 2027. These vessels, featuring state-of-the-art, fuel-efficient designs optimized for Northern Europe trade, are part of MPCC’s strategy to modernize its fleet and reduce regulatory and environmental risks. The vessels are chartered for eight years to a leading global liner operator, expected to generate significant revenue and EBITDA, enhancing earnings visibility and supporting the company’s disciplined growth. The project will be financed through a mix of equity and debt, and is anticipated to be accretive to both earnings per share and dividends per share upon delivery.
More about MPC Container Ships ASA
MPC Container Ships ASA is a leading provider of container tonnage, focusing on small to mid-size container ships. The company primarily owns and operates a portfolio of container ships serving intra-regional trade lanes on fixed-rate charters. It is registered and has its business office in Oslo, Norway.
YTD Price Performance: -13.60%
Average Trading Volume: 2,759,063
Current Market Cap: NOK6.96B
Find detailed analytics on MPZZF stock on TipRanks’ Stock Analysis page.