MPC Container Ships increases charter backlog to $400m in ‘boiling hot’ market

MPC Container Ships (MPCC) is cashing in on the ever more profitable charter market.

The Oslo-listed, Hamburg-managed boxship owner has concluded 26 multi-year charters so far this year, bringing the overall charter backlog to more than $400m.

And it is preparing to renew charters on a further 25 vessels this year.

These are expected to tap into “a boiling hot container market”, with rates and durations trending higher and longer.