MPC Container Ships ASA — M&A Activity 2017

Dec 20, 2017

Vessel Acquisitions

Vessel Acquisitions

Oslo, 20 December 2017 - MPC Container Ships AS (the "Company") is pleased to announce that it has entered into agreements to acquire "Annika" and "Antigoni", two 987 and 1,049 TEU vessels built in 2008 at Daesun Shipbuilding, South Korea. The total purchase price for the two vessels is USD 16.1m.

Physical takeover of the vessels is expected to take place in January 2018, lifting the fleet of the Company to 41 vessels.

Further information and contact:

MPC Container Ships AS

Managing Director

Constantin Baack

Email: ir@mpc-container.com