MPC Container Ships places USD 228 million order for four 4,500 TEU boxships
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by Admin
MPC Container Ships (MPCC) on Friday (18 July) announced a company update, including a series of strategic initiatives to modernise its fleet and strengthen its long-term earnings visibility.
The company has placed a USD 228 million order for four 4,500 TEU container vessels with Chinese shipyard Taizhou Sanfu Ship Engineering, with deliveries scheduled from the second half of 2027. Each vessel has secured a three-year charter with an unnamed global liner company
MPCC expects to generate approximately USD 140 million in revenue and contribute around USD 100 million in EBITDA over the contracted charter period.
The new vessels will feature the latest energy-efficient technologies and have ~50% lower slot costs compared to many peer vessels currently in operation. The vessels will be dual-fuel ready, enabling future conversion to ammonia or methanol, aligning with global maritime decarbonisation goals.
“This investment further reinforces MPCC’s transition toward a younger, more efficient, and environmentally compliant fleet, reducing exposure to regulatory and environmental risk,” MPCC said.
Photo credit: MPC Container Ships
Published: 21 July, 2025
