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MPC Container Ships ASA M&A Activity 2017

Oct 27, 2017

3666_rns_2017-10-27_9c457ea2-d184-4d77-ad73-209b5ec70210.html

M&A Activity

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Vessel acquisitions

Vessel acquisitions

Oslo, 27 October 2017 - MPC Container Ships AS

(the "Company") is pleased to announce that it has acquired

a 2,564 TEU vessel (tbn "AS Petulia") built in 2008, and a

1,200 TEU vessel (tbn "AS Frida") built in 2003. Physical

takeover of the vessels is expected in November 2017. This

brings the fleet of the Company to 25 vessels.

The total investment volume for the two vessels is USD

18.4m.

Further information and contact:

MPC Container Ships AS

Managing Director

Constantin Baack

Email: [email protected]