MPC Container Ships ASA (MPZZF) has released an update.
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MPC Container Ships ASA bolsters its fleet with the purchase of two 3,500 TEU vessels and secures a significant charter agreement for a total of 10 ships, promising enhanced earnings visibility and a stronger competitive stance. The acquired vessels, set for delivery in Q3 2024 with a 36-month charter, are expected to yield revenues covering their purchase and contribute to a backlog increase of USD 155-195 million. These strategic moves are anticipated to boost the company’s revenue, cover 90% of the open days for 2024, and affirm its robust market position.
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