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MPC acquires feeder boxship from Soundview

MPC acquires feeder boxship from Soundview

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Highly active German owner MPC Capital has brought another secondhand containership. According to broking sources, MPC has acquired the 1,118 teu Shippan Island from US owner Soundview Maritime for $5.5m.

In April, MPC Capital launched a new company MPC Container Ships with a focus on small-size container ships between 1,000 and 3,000 teu. The company has raised $100m in funds through a private placement and intends to list the shares on a stock exchange later this year.

MPC said the first signs of a recovery are currently being seen in the container shipping market and the company has already secured an initial fleet of what it described as attractive assets.

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Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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