Rig market forces MPC Capital to large-scale impairment
![Photo: Bloomberg](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article11096869.ece/ALTERNATES/schema-16_9/Bloomberg%2520oil%2520rig%2520opec%2520offshore.jpg)
An investment in an oil rig costs German equity manager MPC Capital – known mostly for its entry into the container market with MPC Container Ships – an impairment of EUR 17.2 million, says the company in a preliminary update on its financial results for 2018.
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