The fastest growing containership owner this year has just outlined plans to quadruple the size of its fleet.
MPC Container Ships was set up by Germany’s MPC Capital in April, listing in Oslo, with a focus to own and operate a portfolio of feeder container ships between 1,000 and 3,000 teu. Its fleet today stands at 23 ships, but Ulf Hollander, CEO of parent MPC Capital, has just revealed intentions to broach the 100-ship mark in the future.
Speaking with International Financing Review, Hollander said the boxship vehicle would raise new loans to fund further expansion. Hollander also said he favoured a New York listing for the six-month-old company.