ShippingWatch

MPC Container Ships secures new credit facility and divests six vessels

With the sale of six smaller vessels and a new credit agreement in place, MPC Container Ships strengthens its balance sheet.

Photo: PR-FOTO

Shipowner MPC Container Ships secures a new credit facility of USD 180 million and sells six vessels for a total price of USD 135 million, writes the carrier in an announcement.

With the new credit facility and the divestment of ships, MPC Container Ships aims to strengthen its financial standing in order to make dividend payouts to shareholders.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
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

Maersk unveils design of methanol vessels

For five years, Maersk has been working on developing a new vessel design, which can increase the energy efficiency of its fleet by 20 percent. The first eight vessels are planned to sail on green methanol from 2024.

DHL extends contract with CEO Appel and names successor

Deutsche Post DHL Group, which includes logistics branch DHL Global Forwarding, announces a change in top leadership. Current CEO Frank Appel, who's been heading DHL for more than 13 years, has his contract extended until 2023, after which his replacement will take over. Being updated.

Further reading

Related articles

Latest news

See all jobs