German shipowner MPC Container Ships (MPCC) has taken another major step in its fleet modernization strategy — confirming an order for two 1,600 TEU high-cube feeder vessels at Fujian Mawei Shipyard, with options for additional units.
The newbuildings, scheduled for delivery in H2 2027, come with 8-year charters (plus 2-year options) to a leading global liner operator, expected to generate USD 92 million in revenue and USD 54 million in EBITDA over the period. The total investment stands at USD 66 million.
According to MPCC Co-CEO
Constantin S. Baack,
“This transaction is part of our long-term fleet renewal strategy, designed to generate sustainable value through modernization and optimization.”
The vessels will feature an energy-efficient, shallow-draft design optimized for Northern Europe’s restricted channels, equipped with advanced energy-saving systems to enhance environmental performance. Financing will be arranged through a balanced mix of equity and debt, ensuring flexibility and a prudent capital structure.
With this order, MPCC continues to strengthen its position as a leading tonnage provider in the small-to-mid-size container segment, where only 6% of the fleet is due for renewal in the next 2–3 years — while nearly a quarter of vessels are already over 20 years old.
This latest move highlights both the growing competitiveness of Chinese shipyards in the feeder segment and MPCC’s disciplined, forward-looking investment strategy built on long-term charter security.
by Xinde Marine News Chen Yang
