MPC Container Ships ASA (MPCC) has signed contracts with Jiangsu Hantong Ship Heavy Industry in China for four 4,500 TEU container vessels, with deliveries scheduled to begin in the first half of 2028.
The agreement also includes options for two further ships at the same price of USD 58 million per vessel.
All four vessels will be employed on 10-year time charters, with extension options, to a leading global liner company.
The design and commercial terms were developed jointly with the charterer to ensure alignment with its network requirements, operating profile and long-term sustainability goals.
MPCC expects the initial charter periods to generate about USD 375 million in revenue and around USD 242 million in EBITDA.
The ships will be equipped with advanced energy-efficient technologies, reducing slot costs by roughly 50% versus comparable vessels.
MPCC said the investment forms part of its strategy to build a younger, more efficient and environmentally compliant fleet, lowering regulatory and environmental risk exposure. The programme will be funded through a mix of equity and debt to maintain financial flexibility.
“Our fleet renewal strategy continues to gain momentum with this latest initiative,” said Constantin Baack, CEO of MPCC.
“With today’s announcement, MPCC has secured 10 newbuildings with attached charters this year, underscoring our ability to deliver value-accretive deals with top-tier partners and strengthen strategic customer relationships – while reinforcing our commitment to long-term shareholder value.”
