MPCC to advance its fleet with 6 more boxships ready for alternative fuels

Norwegian container tonnage provider MPC Container Ships (MPCC) has placed orders with China’s Taizhou Sanfu Ship Engineering for the construction of six 3,700 TEU container vessels that will be prepared for alternative fuels and advanced emissions-reduction technologies.

First delivery is expected in the second half of 2028, with each vessel to operate under a ten-year time charter, with extension options, to a top 5 liner company, MPCC said.

With a total investment of $292.5 million, the initial charter period is expected to generate approximately $479 million in revenue and around $288 million in EBITDA. The project will be financed through a balanced mix of equity and debt.