- MPCC ordered four 4,500 TEU vessels with a US$228 million investment.
- The newbuilds are future-ready for alternative fuels and secured under charter agreements.
- MPCC also sold three older vessels for US$31.5 million to streamline and upgrade its fleet.
MPC Container Ships ASA (MPCC), a Norway-based owner and operator of regional container vessels, has advanced its fleet renewal strategy through two major transactions. The first involves the order of four new 4,500 TEU container vessels from Taizhou Sanfu Ship Engineering in China, marking a US$228 million investment. These vessels, expected to be delivered in the second half of 2027, are already secured under three-year charter agreements with a prominent global liner operator. The ships are designed to be adaptable for alternative fuels such as ammonia or methanol, aligning with the industry’s shift toward long-term decarbonization.
At the same time, MPCC has sold three older 1,300 TEU vessels, which were operating under existing charters, for a combined price of US$31.5 million. The transactions reflect MPCC’s ongoing efforts to modernize its fleet with larger, more energy-efficient vessels, reducing exposure to environmental regulations and enhancing operational sustainability.
Watson Farley & Williams (WFW) advised MPCC throughout both deals, providing legal and maritime expertise from early planning stages through to contract execution. The WFW Hamburg team was led by Partner Dr. Christian Finnern, with support from Associates Maximilian Hennig and Bjarne Ruthke, alongside London-based Partner Charles Buss. As highlighted in a statement by Dr. Finnern, WFW remains committed to supporting MPCC’s strategic goals through its industry-focused legal services. This update was published by Watson Farley & Williams LLP.
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Source: Watson Farley & Williams LLP
