MPCC Orders Four Energy-Efficient Container Vessels in USD 228 Million Fleet Expansion

Norwegian container tonnage provider MPC Container Ships (MPCC) has announced a strategic fleet modernization plan, placing a USD 228 million order for four 4,500 TEU container vessels while divesting older tonnage and securing new financing facilities exceeding USD 100 million. The initiatives are aimed at strengthening the company’s long-term earnings visibility and aligning its operations with global decarbonization trends.

The four new vessels will be built by Chinese shipyard Taizhou Sanfu Ship Engineering, with deliveries scheduled to begin in the second half of 2027. MPCC has secured 3-year time charters for each vessel with a leading global liner operator. The charters are expected to generate approximately USD 140 million in revenue and contribute around USD 100 million to EBITDA over the contracted period.

The vessels will incorporate advanced energy-efficient technologies and are designed to achieve approximately 50 percent lower slot costs compared to many existing vessels of similar size. Each vessel will be dual-fuel ready, allowing future conversion to ammonia or methanol as part of efforts to meet tightening environmental regulations and reduce carbon emissions.

MPCC indicated that the investment reflects its focus on transitioning to a younger and more fuel-efficient fleet while reducing exposure to regulatory and environmental risks. The company also noted that it holds options for additional vessels, enabling scalability depending on market conditions. The project will be financed through a combination of equity and debt, including newly secured debt facilities totaling more than USD 100 million, along with an accordion option to ensure capital flexibility.