Arne Fredly buys into MPC Container Ships

Norwegian tycoon Arne Fredly has emerged as a major shareholder in Oslo-listed MPC Container Ships.

Fredly, who controls tanker firm Hunter Group, has spent around NOK60m ($6.85m) building up a 2.8m share base in MPC, one of the fastest growers on the Oslo Bors this year. MPC’s share price has leapt 232% so far this year.

Last month Germany-based MPC Container Ships bought Songa Container from another Norwegian tycoon, Arne Blystad, for $210.25m. The deal adds 11 containerships to MPC’s fleet.

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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