MPC Container Ships ASA

MPCC, NCL and Elkem inaugurate NCL VESTLAND, the first of two dual-fuel 1,300 TEU newbuildings to be delivered in 2025

Haugesund, Norway, 1 April 2025: MPC Container Ships (the "Company"), in

partnership with North Sea Container Line AS (NCL) and Elkem ASA, today

celebrated the christening of NCL VESTLAND in Haugesund, Norway. This marks

the commencement of the vessel's service between Western, Central and Northern

Norway and Rotterdam.

The container feeder vessel is the first of two MPCC dual-fuel 1,300 TEU

newbuildings to be delivered in 2025. The vessels come with 15-year time

charters to NCL, backed by CoAs from various parties, including a 15-year CoA

with Norwegian industrial group Elkem. The vessels will enable more effective

and environmentally friendly transportation of Norwegian goods and critical

metals and materials to European and international markets.

"Together with our partners NCL and Elkem, this project allows us to set up a

green transportation corridor in Northern Europe, whilst allowing us to make

the right move towards a further decarbonisation of the fleet. It also

demonstrates that we can meet ambitious environmental goals by joining forces

with like-minded partners and we are excited to facilitate a green container

shipping supply chain along the Norwegian coastline," says Constantin Baack,

CEO of MPCC.

NCL VESTLAND is the first dual-fuel vessel in the MPCC fleet which enables

operation on methanol, allowing MPCC to take a significant leap forward in its

commitment to use low-emission solutions in regional container trades. With

more dual-fuel vessels to come, they are integral to our fleet renewal and

emissions reduction strategy, positioning the Company as a fuel-agnostic

early-mover and knowledge partner in fostering a more sustainable shipping

industry. Through these selective investments, MPCC not only aims to reduce

its carbon footprint but also to create long-term shareholder value by

extending charters and enhancing the long-term competitiveness of its fleet.

For more information, contact:

About MPC Container Ships

MPC Container Ships ASA (ticker code "MPCC") is a leading container tonnage

provider focusing on small to mid-size container ships. Its main activity is

to own and operate a portfolio of container ships serving intra-regional trade

lanes on fixed-rate charters. The Company is registered and has its business

office in Oslo, Norway. For more information, please visit

AI Terminal