ShippingWatch

MPC executive says "boiling hot" container market will last for at least another two years

The container industry can expect a boiling hot market for at least another two years, predicts MPC Container Ships. The company has gone from the brink of bankruptcy to maybe becoming debt-free by 2023. As a result, the company might expand its fleet, the CEO tells ShippingWatch.

The red-hot container market will likely last for at least another two years, says CEO of MPC Containerships, Constantin Baack. | Photo: PR-FOTO

The strong developments sweeping through the container market at present will likely last for quite a while, says shipowner MPC Container Ships.

In an interview with ShippingWatch, CEO Constantin Baack now outlines the rollercoaster ride that has been the past year.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • 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

MPC upgrades 2022 guidance after strong first half

MPC Container Ships reports continued advancement in Q2, raising guidance for its operating result to almost half a billion dollars. High rates will continue for several quarters yet, the company expects.

Further reading

Related articles

Latest news

See all jobs