MPC Container Ships ASA

MPC Container Ships ASA secures USD 40 million revolving credit facility

Oslo, 25 April 2019 - MPC Container Ships ASA (the "Company", together with its

subsidiaries the "Group") is pleased to announce that it has entered into a USD

40 million three-year revolving credit facility agreement with CIT Group at

attractive terms. Drawdowns under the facility may be used toward investments,

vessel upgrades or general corporate purposes.

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

satisfied with the cooperation demonstrated by CIT's Maritime Finance team and

their support in further positioning MPC Container Ships as a leading tonnage

provider within the feeder container space. With the new credit facility, we add

a highly flexible instrument to our capital structure whilst adhering to the

company's strategy of moderate leverage. Moreover, the facility ensures

additional financial strength for MPC Container Ships in anticipation of

improved market conditions."

The above information is subject to the disclosure requirements pursuant to

section 5-12 of the Norwegian Securities Trading Act.

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

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