Shipowner sets new target: We want to buy 100 feeder vessels

MPC Container Ships hopes to buy as many as 100 feeder vessels, the recently established shipowner's chief executive tells International Financing Review. The ultimate goal is also a New York IPO.

Photo: MPC Capital

Recently established shipowner MPC Container Ships has, despite its young age, already made a name for itself with several acquisitions in the feeder market.

Since it was established by German equity manager MPC Capital in April, the company has acquired 23 feeder vessels. But the ambitions are far higher than this.

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