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Tue, Jul

MPC Container Ships sells three ships for $31.5m, raises 2025 financial guidance

MPC Container Ships sells three ships for $31.5m, raises 2025 financial guidance

World Maritime
MPC Container Ships sells three ships for $31.5m, raises 2025 financial guidance

In addition, MPCC has secured new, charter contracts with a duration for approximately two years for four existing vessels: AS Serena, AS Sophia, AS Angelina, and AS Penelope.

As part of its fleet renewal, the company will divest three 1,300 TEU vessels with an average age of eighteen years. Constantin Baack, CEO of MPCC, stated that the measures reinforce the company's ongoing strategy to operate a modern and efficient fleet.

Following these developments, MPCC has raised its 2025 EBITDA guidance to between $320 million and $335 million. The company also recently drew under two new debt facilities totaling $102 million from KFW-IPEX and Deutsche Bank to support its fleet renewal efforts.

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