MPC Container Ships ASA

Exercise of additional options for exhaust gas cleaning systems ("scrubbers") and charter agreements for charters for scrubber-retrofitted vessels

Oslo, 30 November 2018 - following the announcement made on 14 November 2018,

MPC Container Ships ASA (the "Company") is pleased to announce that it has

exercised options to equip additional five vessels with exhaust gas cleaning

systems ("scrubbers") and that charters for six scrubber-retrofitted vessels

have been agreed. The charterparties will be initiated after scrubber

retrofitting and with a duration into 2022. The agreements are concluded at

favourable rates and are expected to yield attractive returns for the Company.

The scrubber investments are expected to be financed with cash on hand and

available debt capacity on the Company's existing fleet.

The Company seeks to take advantage of the optionality of its scrubber programme

by meticulously analysing further retrofits on a vessel by vessel basis. In this

context, the Company is already in dialogue with various liner companies on

further scrubber-linked employment concepts.

CEO Constantin Baack comments in relation to the announcement: "We are excited

to have concluded charters for six scrubber-retrofitted vessels in our fleet.

The transaction adds charter coverage at attractive rates and provides

significant upside potential post 1 January 2020. Equally important, the

transaction demonstrates an increasing interest from liner companies for

scrubber-linked charters and MPC Container Ships is well-positioned to become a

preferred partner for charterers through the platform and the flexibility it has

to offer to its customers."

Further information and contact:

About MPC Container Ships ASA:

MPC Container Ships ASA (ticker code "MPCC") was formed in April 2017. Its main

activity is to own and operate a portfolio of container ships with a focus on

the feeder segment between 1,000 and 3,000 TEU. The Company is registered and

has its business office in Oslo, Norway. For more information, please see our

webpage: www.mpc

-container.com (https://emea01.safelinks.protection.outlook.com/?url=http%3A%2F%2

Fwww.mpc

-container.com%2F&data=02%7C01%7Cwgd%40fearnleys.no%7C76fe7a90344f4b5513cd08d6493

d4583%7Cc288c771c0e24e8cb1ef7e1ca1e5d216%7C1%7C0%7C636776924847973046&sdata=KUv0J

v3%2B4aDamudojcGqIpljYaGIEnzEhfKs%2FG6ta0M%3D&reserved=0)

AI Terminal