MPC Container Ships ASA

MPCC joins the Trident Alliance and secures scrubber charters in preparation for IMO2020

Oslo, 17 September 2019 - MPC Container Ships ASA (the "Company") is pleased to

announce its enrolment in the Trident Alliance, a coalition of shipping owners

and operators who share a common interest in effective, transparent enforcement

of global sulphur regulations for the benefit of the environment, human health

and responsible businesses. Trident Alliance members contribute their

reputations, resources, access and competence to promote strategies that

contribute to the vision of robust enforcement.

CEO Constantin Baack comments in relation to the announcement: "Joining the

Trident Alliance allows us to align our company with an important network of

like-minded industry peers, and support industry-wide calls for effective and

transparent enforcement around the world."

As previously announced, the Company will take a balanced approach to the

sulphur oxide emissions regulation by way of operating 58 vessels on compliant

fuel while retrofitting a carefully selected 10 vessels with exhaust gas

cleaning systems ("scrubbers"). The Company is pleased to report that for the

first 3 vessels the scrubber retrofitting and commissioning has been

successfully completed. The retrofitting programme is scheduled to be completed

during H2 2019.

Furthermore, for 8 out of the 10 vessels that will be equipped with scrubbers,

the Company has concluded charter parties with major operators for periods of 2

-3 years at attractive base rates plus a savings sharing mechanism.

Please refer to the updated vessel employment overview made available on the

Fleet subpage of the Company's webpage.

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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