Norway’s MPC Container Ships (MPCC) has agreed to offload six ships as well as completing a new secured credit facility.
These steps are part of a package of measures that are expected to boost the company’s balance sheet flexibility.
Other measures include seven additional multi-year charter fixtures and more than 30 unencumbered ships post-closing.
The company will sell six vessels with an average size of 1,200TEU in a deal valued at $135m.
Upon completion of the sale, MPCC’s total fleet will...
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