MPC Container Ships says feeder prices still attractive

MPC Container Ships is targeting further growth at a time of attractive asset prices and a bright outlook for the container market.

Oslo-listed MPC Container Ships bought 41 vessels last year and has taken that figure beyond 50 with further purchases in the early months of 2018.

In its annual report released today, the shipowner said the vessels it bought in December last year were snapped up at a 40% discount to newbuilding parity, despite improvements in freight rates.