MPC Container Ships (MPCC)

MPC Container Ships secures sale deals for seven boxships

Norwegian container ship owner MPC Container Ships (MPCC) has entered into an agreement to sell five vessels en bloc, involving three 1,300 TEU vessels and two 2,000 TEU ships.

Separately, two vessels were recently sold to an undisclosed buyer with the average age of the seven sold vessels being 17 years, and the transactions imply a net asset value (NAT) of NOK 30 (US$2.85) per share.

The five vessels will be sold with the existing charters attached, which will reduce the revenue backlog by...

https://container-news.com/mpc-container-ships-secures-sale-deals-for-seven-boxships/

Container Shipping Market: Weekly Analysis

The container shipping market exhibited a mix of resilience and volatility this week, with stocks reflecting the impact of global trade flows, fuel costs, and supply-demand imbalances. While some companies managed to post gains, others experienced notable declines due to shifting freight rates and macroeconomic pressures.

This report provides a detailed company-by-company analysis, shedding light on the forces driving each stock’s performance.

  • COSCO SHIPPING Holdings Co Ltd ADR (CICOY)

COSCO...

https://container-news.com/container-shipping-market-weekly-analysis/

Container Market Weekly Performance: Trends, Gains, and Losses

Container market performance this week reflects the ongoing volatility in global trade, with shipping companies experiencing a mix of gains and losses. While some carriers managed to post positive returns, others struggled with sharp declines, impacted by fluctuating demand, geopolitical factors and external economic pressures. The latest data provides a comprehensive view of how major players navigated these challenges, highlighting key trends and shifts in the industry.


(adsbygoogle =...

https://container-news.com/container-market-weekly-performance/

Shipping Stocks Overview: Weekly Market Highlights

The container shipping sector experienced a mix of steady performances and price fluctuations over the past week, as investors reacted to global trade dynamics, freight rate movements, and broader economic conditions.

While some ocean carriers capitalized on strong demand in specific trade lanes, others faced moderate corrections due to shifting supply chain trends. With geopolitical factors, fuel costs, and cargo volumes playing a crucial role, the sector remains an area of keen investor focus....

https://container-news.com/shipping-stocks-overview-weekly-market-highlights/

Monthly Stock Performance Highlights

Monthly stock performance in the maritime industry has shown significant fluctuations over the past month, reflecting the shifting dynamics of global trade, freight demand, and investor sentiment. Market volatility continues to influence stock performance, with some companies benefiting from rising freight rates, while others face external challenges like supply chain disruptions and economic uncertainties.

Strong performers have taken advantage of favorable market conditions, while others have...

https://container-news.com/monthly-stock-performance-highlights-container-shipping/

Weekly Update: Container Shipping Stock Highlights

The container shipping market saw a dynamic week, marked by notable fluctuations in stock performance among key players. Factors such as tariffs, political tensions, geopolitical conflicts, and disruptions in global trade distribution have significantly affected the industry.

Below are the weekly stock highlights of the container shipping sector:

SITC International Holdings Co Ltd (1308)

SITC International Holdings exhibited mild fluctuations, starting at HKD 18.52 and peaking mid-week at HKD...

https://container-news.com/weekly-update-container-shipping-stock-highlights/

Weekly Update: Stock Performance of Container Shipping Sector

The container shipping industry continues to navigate a complex and ever-evolving landscape, shaped by shifting economic conditions, geopolitical tensions, and supply chain disruptions. Over the past week, stock prices across major shipping companies have reflected a mix of resilience and volatility, influenced by factors ranging from Red Sea security threats to fluctuating global trade demand.

As freight rates remain elevated and rerouted shipping lanes reshape the industry’s cost structures,...

https://container-news.com/weekly-update-stock-performance-of-container-shipping-sector/

Post-pandemic peak sees frenzied ship buying in 2024

Mainline operators, led by MSC, were very active in buying second-hand container ships in 2024, as freight rates reached levels not seen since the Covid-19 pandemic, according to Alphaliner’s report.

MSC purchased 70 vessels, ranging from 1,300 to 14,700 TEUs for a total of 330,000 TEUs, representing a third of all the ships sold. In November 2024, the Swiss-Italian operator hit the symbolic threshold of 400 second-hand container vessel acquisitions since August 2020, when the shipping company...

https://container-news.com/post-pandemic-peak-sees-frenzied-ship-buying-in-2024/

MPCC, Unifeeder partner on dual-fuel methanol boxship construction

MPC Container Ships (MPCC) has entered into joint retrofit agreements with various charter customers. Under these agreements, both the charterer and MPCC will share the costs of retrofit investments followed by an extension of the vessels’ time-charter contracts.

“This collaborative effort reduces open charter positions, increases contract coverage for 2024 and beyond and enhances the overall efficiency of the fleet,” said MPCC in its announcement.

In an initiative, MPCC has partnered with...

https://container-news.com/mpcc-unifeeder-partner-on-dual-fuel-methanol-boxship-construction/

WFW advises MPC Container Ships on US$200 million vessel sales and acquisitions

Watson Farley Williams (WFW) has advised Norway-based shipping company MPC Container Ships (MPCC) on strategic vessel acquisitions and sales worth around US$200 million.

These transactions include disposing of the 2,800 TEU container ships Cimbria and Cardonia for US$42.5 million and the 4,200 TEU AS Emma (2010) for US$22 million. In return, MPCC acquired the 2,200 TEU Queen Esther and four 1,750 TEU boxships, London Trader, Trieste Trader, Madrid Trader and B Trader, from Britain’s Lomar...

https://container-news.com/wfw-advises-mpc-container-ships-on-us200-million-vessel-sales-and-acquisitions/

+ More