MPC Capital is now buying container ships

German asset manager MPC Capital has now tapped into USD 100 million the company raised back in April. MPC has purchased seven container ships, while another six are headed for delivery. Hamburg Süd's CEO will join the board of directors at MPC Container Ship.

Photo: Port of Philadelphia

Asset manager MPC Capital has now started to spend some of the money the company raised a little more than a month ago.

The German company informs Monday that it has acquired seven container ships for a total price of USD 38 million. Five of the ships have already been delivered, while the remaining two will be delivered in late June.

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