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MPC Container Ships raises more cash for more ship acquisitions
MPC Container Ships, among the fastest growing boxship operators in the world, has raised new cash with an eye on more vessels.
The company fixed a private placement of 15m new shares in Oslo raising around $75m.
“The net proceeds from the Private Placement will be used to pursue future investments opportunities, hereunder acquiring additional vessels,” the company said in a release today.
MPC Container Ships was formed in April this year with a focus on investing in 1,000 to 3,000 teu capacity vessels.