MPC Container Ships ASA — M&A Activity 2018

Jul 19, 2018

Vessel acquisition

Vessel acquisition

Oslo, 19 July 2018 - MPC Container Ships ASA (the "Company") is pleased to announce that it has entered into an agreement to acquire a 1,740 TEU geared container vessel built in 2012 at Guangzhou Wenchong Shipyard, China (tbn "AS SELINA"). The purchase price for the vessel is USD 13.86m.

Physical takeover of the vessel is anticipated to take place in the third quarter of 2018, lifting the fleet of the Company to 69 vessels.

Further information and contact: ir@mpc-container.com.