MPC Container Ships signs credit agreement with US bank

MPC Container Ships, which provides feeder tonnage, has made a new credit facility agreement with a US bank. The money will, among other things, be spent on upgrading vessels, says a statement.

Constantin Baack is CEO of MPC Container Ships. | Photo: MPC Container Ships

MPC Container Ships, which in two years has established a large fleet of feeder vessels, has secured a revolving credit facility agreement.

The three-year, USD 40 million agreement is made with US bank CIT Group, says the company in a statement.

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