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MPC Container Ships expects the strong container market to last up to three years

MPC Container Ships is riding "one of the strongest container markets in history" and books growth across the business in the first quarter. Good market fundamentals "provide an encouraging picture for the coming two to three years," writes the shipowner.

Constantin Baack, CEO, MPC Container Ships | Photo: PR-FOTO

MPC Container Ships exits the first quarter of the year with improvements across the board in a container market that is showing no signs of slowing down any time soon.

The German shipowner thus turns a USD 10.6 million deficit in the first quarter of 2020 into a USD 3.4 million profit in the first three months of 2021.

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