MPC Container Ships takes scrubber options to support new charters

German containership owner MPC Container Ships has exercised options to equip an additional five vessels with scrubbers, having agreed charters for six scrubber-retrofitted vessels.

Last month, MPC agreed a deal for five scrubber retrofits which included 50 options.

The six charters will be initiated after scrubber retrofitting, and will run through to 2022 at what MPC says are favourable rates.

Constantin Baack, CEO of MPC Container Ships, commented: “We are excited to have concluded charters for six scrubber-retrofitted vessels in our fleet. The transaction adds charter coverage at attractive rates and provides significant upside potential post 1 January 2020. Equally important, the transaction demonstrates an increasing interest from liner companies for scrubber-linked charters and MPC Container Ships is well-positioned to become a preferred partner for charterers through the platform and the flexibility it has to offer to its customers.”

MPC says it is looking to take advantage of the optionality of its scrubber deal by analysing further retrofits on a vessel by vessel basis, and it is in dialogue with various liner companies on further scrubber-linked employment deals.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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