MPCC Secures Third Newbuild Deal of 2025 With Order for Four 4,500 TEU Boxships

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Order at Jiangsu Hantong Ship Heavy Industry is third shipbuilding contract signed by the Oslo-listed owner this year.

MPCC Orders Four New 4,500 TEU Boxships

MPC Container Ships has taken another significant step in its fleet modernisation strategy after confirming a newbuilding deal for four additional 4,500 teu boxships.

With delivery from the first half of 2028, the latest order by the Oslo-listed containership tonnage provider has been signed with China’s Jiangsu Hantong Ship Heavy Industry.

The newbuilding contract, valued at $58m per vessel, includes options for two additional ships at the same contract price.

MPCC said all four firm vessels will be deployed on a 10-year time charter, with extension options, to a “leading” global liner operator.

The vessel design was developed jointly with the charterer to ensure an optimal fit with its network requirements, operational efficiency and long-term sustainability goals, added MPCC.

The newbuilding project will be financed through a balanced mix of equity and debt, maintaining flexibility and what MPCC described as a prudent capital structure.

MPCC Accelerates 2025 Newbuild Surge

With this latest order, MPCC has now confirmed three separate newbuilding contracts in 2025, all placed with Chinese shipbuilders.

In October, the company signed an order for a pair of 1,600 teu feeder vessels at Fujian Mawei Shipbuilding, with options for two more.

Priced at $33m each, they are scheduled for delivery in the second half of 2027 and are backed by eight-year time charters.

In July, MPCC ordered up to six 4,500 teu wide-beam vessels from Taizhou Sanfu Ship Engineering, comprising four firm units and two optional vessels.

Deliveries run from the second half of 2027 through to mid-2028, and all four firm ships are secured on three-year time charters.

In March, MPCC took delivery of the second of two advanced methanol dual-fuel containerships from Taizhou Sanfu Shipbuilding.

The 1,279 teu NCL Nordland, together with sister vessel NCL Vestland (IMO: 9981790), which was delivered in late-2024, were ordered in 2022 against a 15-year time charter to Norway’s North Sea Container Line.

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Source: lloydslist