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MPC Container Ships raises expectations for 2021

The upturn in the container market has been shown to continue, and this prompts MPC Container Ships to raise its earnings expectations for the current year. So far, the share price is up 75 percent this year.

Constatin Baack, CEO of MPC Container Ships. | Photo: MPC Container Ships

The soaring container market prompts shipowner MPC Container Ships to predict a boom in earnings.

With the release of its annual report in February, the company announced that the operating profit for 2021 would be at least six times greater in 2021 and come out to between USD 90 million and USD 120 million.

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