MPC Container Ships ASA

Regulatory News Service • Oct 13, 2025

MPCC Continues Strategic Fleet Renewal with Newbuild Orders against Long-Term Charters

MPCC Continues Strategic Fleet Renewal with Newbuild Orders against Long-Term Charters

Oslo, Norway, 13 October 2025 -- MPC Container Ships ("MPCC" or the "Company")

has placed an order for two 1,600 TEU container vessels in combination with

8-year charters to one of the leading global liner operators

* MPCC has signed contracts for two 1,600 TEU high cube container vessels with

Chinese Fujian Mawei Shipyard and deliveries scheduled in the second half of

* The total investment amounts to USD 66 million and the Company holds options

for additional vessels, offering future scalability in line with market

opportunities.

* Each vessel has been fixed on 8-year time charter (plus a 2-year optional

period) with a leading global liner company, expected to generate

approximately USD 92 million in revenue and contribute around USD 54 million

in EBITDA over the contracted charter period, providing substantial earnings

visibility as well as derisking.

* The vessel features a state-of-the-art, fuel-efficient design optimized for

the Northern Europe trade and its restricted channels. A refined hull form,

shallow draft, and high manoeuvrability ensures efficient operations, while

energy-saving systems deliver best-in-class environmental performance.

* This newbuilding order is a continuation of supports MPCC's transition

toward a modern, more efficient, and environmentally compliant fleet,

reducing exposure to regulatory and environmental risk.

* The project will be financed through a balanced mix of equity and debt,

ensuring flexibility and a prudent capital structure. The newbuildings are

expected to be accretive to both earnings per share (EPS) and dividends per

share (DPS) upon delivery.

"We are pleased to mark another step in the transformation of our fleet,"

said Constantin Baack, Co-CEO of MPCC. "This transaction is part of our

long-term fleet renewal strategy, designed to generate sustainable value

through modernization and optimization. It underscores our strong strategic

position and proven ability to execute value-enhancing deals that secure

long-term charters with leading liner companies, reinforcing strategic

partnerships, enhancing earnings visibility, and supporting disciplined

growth.

At the same time, we maintain a strong and flexible balance sheet with

significant investment capacity, enabling us to advance our renewal program

while remaining well-positioned to act on market opportunities should

conditions soften.

We continue to view the supply fundamentals in our core segments as favorable,

due to the comparably low orderbook -- where only 6% of the fleet is expected

to be replaced in the next 2--3 years, while 24% of vessels are already over

20 years old."

Forward-looking statements:

This announcement includes forward-looking statements. Such statements are

generally not historical in nature, and specifically include statements about

the Company's plans, strategies, business prospects, changes and trends in its

business, the markets in which it operates and its restructuring efforts.

These statements are made based upon management's current plans, expectations,

assumptions and beliefs concerning future events impacting the Company and

therefore involve a number of risks, uncertainties and assumptions that could

cause actual results to differ materially from those expressed or implied in

the forward-looking statements, which speak only as of the date of this news

release. Consequently, no forward-looking statement can be guaranteed. When

considering these forward-looking statements, you should keep in mind the

risks described from time to time in the Company's regulatory filings and

periodical reporting. The Company undertakes no obligation to update any

forward-looking statements to reflect events or circumstances after the date

on which such statement is made or to reflect the occurrence of unanticipated

events. New factors emerge from time to time, and it is not possible for the

Company to predict all of these factors. Further, the Company cannot assess

the impact of each such factor on its business or the extent to which any

factor, or combination of factors, may cause actual results to be materially

different from those contained in any forward-looking statement.

For more information, contact:

ir@mpc-container.com

About MPC Container Ships:

MPC Container Ships ASA (ticker code "MPCC") is a leading container tonnage

provider focusing on small to mid-size container ships. Its main activity is

to own and operate a portfolio of container ships serving intra-regional trade

lanes on fixed-rate charters. The Company is registered and has its business

office in Oslo, Norway. For more information, please visit

www.mpc-container.com.

This information has been submitted pursuant to the Securities Trading Act §

5-12 and MAR Article 17. The information was submitted for publication at

2025-10-13 08:20 CEST.