ShippingWatch

MPC Container Ships gets go-ahead for scrubber financing

German shipowner MPC Container Ships gets approval on financing for scrubber retrofits on five of its vessels. The majority of the financing comes from the insurance premium on a grounded vessel.

Photo: MPC Container Ships

German shipowner MPC Container Ships gets the go-ahead from its creditors to install scrubbers on board several ships.

Last month, the company asked the holders of a USD 200 million bond to bypass certain conditions of the loan in order to install scrubbers on five of its ships.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Extreme container rates can push shippers into bankruptcy

Extreme container freight rates might lead to a string of bankruptcies for companies without transport deals, says shipping analyst Lars Jensen in an analysis to Shippingwatch. Particularly smaller fashion brands are under pressure, according to trade organization.

Further reading

Related articles

Trial banner

Latest news

See all jobs