MPC Container Ships ASA — M&A Activity 2018

Mar 9, 2018

Vessel acquisition

Vessel acquisition

Oslo, 9 March 2018 - MPC Container Ships ASA (OSE: MPCC, the "Company") is pleased to announce that it has today entered into an agreement to acquire "Francoise Gilot" (tbn "AS Franziska"), a 1,350 TEU vessel built in 2005. The purchase price for the vessel is USD 6.6m.

Physical takeover of the vessel is expected to take place next week, expanding the total fleet of the Company to 59 feeder vessels.

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