Another 14 ships takes MPC’s box fleet to 58

The fastest growing new containership owner in the world continues to impress with its scale and speed of acquisitions. MPC Container Ships, part of MPC Capital, has just announced it has bought another 14 ships taking its fleet to 58 vessels in around just one year.

The $139.5m outlay sees MPC take on four 1,300 teu ships, four 1,500 teu ones, two 1,800 ones, a pair of larger 2,500 teu vessels and a couple of 2,800 teu ships.

MPC Container Ships said the deal will be completed this quarter without revealing from where the ships are coming and that it would be able to buy all the ships with its own cash.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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