Regulatoriskt pressmeddelande

MPC Container Ships ASA orders six container ship newbuildings with long-term charters and advances portfolio and financing initiatives

Oslo, Norway - 16 December, 2025 - MPC Container Ships ASA (“MPCC” or the “Company”) is pleased to announce a company update including a series of strategic initiatives including additional six newbuildings, establishment of a joint venture, upsizing its existing revolving credit facility as well as a vessel sale.

Newbuilding order for six 3,700 TEU container vessels
MPCC has entered into contracts with Taizhou Sanfu Ship Engineering in China for the construction of six 3,700 TEU container vessels scheduled for first delivery in second half of 2028. Each vessel will operate under a 10-year time charter, with extension options, to a top 5 liner company.

The vessels are based on the newest design, which optimizes speed and fuel consumption for regional and feeder trades, while keeping enough flexibility to shift between trade lanes as markets evolve. The vessels are prepared for alternative fuels and advanced emissions-reduction technologies, providing a design that can adapt to tightening environmental rules over the lifetime of the ships.

With a total investment of USD 292.5 million, the initial charter period is expected to generate approximately USD 479 million in revenue and around USD 288 million in EBITDA. The project will be financed through a balanced mix of equity and debt, ensuring financial flexibility and maintaining a prudent capital structure.

MPCC and Uthalden establish joint venture
MPCC is pleased to announce a newly established 50/50 joint venture with Uthalden AS (“Uthalden”). The JV will own two 4,500 TEU newbuildings that are currently wholly owned by MPCC and will be on charter to a top 5 liner company.

The establishment of this joint venture will free up committed capital and optimize the company’s investment capacity, while partnering with an experienced shipping investor. It is expected that the joint venture will finance the majority of the purchase price of the vessels through moderate leverage.

Upsized and optimized revolving credit facility (“RCF”)
In addition to the aforementioned measures, MPCC has upsized its existing undrawn RCF to USD 130 million with maturity in 2030 as well as reduced the applicable margin.

The optimized facility will strengthen MPCC‘s balance sheet flexibility and provide additional capital to support potential future acquisitions.

The overall balance sheet remains conservatively structured with low leverage, while more than 50% of the assets remain debt free.

Sale of AS CLEMENTINA
In line with its fleet modernization, MPCC has agreed to sell AS Clementina, a vessel approaching the 20-year class renewal in 2026, at an attractive price of USD 24 million. Handover is expected to take place after expiry of the current charter, towards the end of Q2 26. The implied NAV is 34 NOK per share.

“2025 has proven to be a transformational year for MPCC”, said Constantin Baack, CEO of MPCC. “With yet another newbuilding order against a long-term charter with a top-tier counterpart, we have in total 17 state-of-the-art newbuildings on order with deliveries from 2026 and onwards. These measures strengthen our strategic partnerships, enhance earnings visibility, and reinforce our commitment to long-term value creation. As a result, our contracted backlog now exceeds USD 2 billion, providing exceptional visibility and positioning MPCC for sustainable growth and resilience in the years ahead. I am also pleased that we have further advanced on additional portfolio and financing initiatives, including teaming up with Uthalden, a trusted partner we have successfully worked with in the past.”

Forward-looking statements:
This announcement includes forward-looking statements. Such statements are generally not historical in nature, and specifically include statements about the Company's plans, strategies, business prospects, changes and trends in its business, the markets in which it operates and its restructuring efforts. These statements are made based upon management's current plans, expectations, assumptions and beliefs concerning future events impacting the Company and therefore involve a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, which speak only as of the date of this news release. Consequently, no forward-looking statement can be guaranteed. When considering these forward-looking statements, you should keep in mind the risks described from time to time in the Company's regulatory filings and periodical reporting. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for the Company to predict all of these factors. Further, the Company cannot assess the impact of each such factor on its business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward-looking statement.