Oslo, Norway, 27 May 2026 - MPC Container Ships ("MPCC" or the "Company", Oslo Børs Ticker: MPCC), today presented its quarterly results for the first quarter of 2026. The Company delivered another quarter with solid operational and financial performance, supported by a strong contract backlog with 99% of open days covered in 2026, 69% in 2027 and 41% in 2028.
Highlights Q1 2026:
CEO Constantin Baack comments:
“The first quarter of 2026 marked a solid start to the year for MPC Container Ships, against one of the most disrupted operating environments in recent years. In the segments where MPCC operates, we continue to see limited availability of modern feeder tonnage and an orderbook concentrated in larger vessels underpinning a favorable supply/demand balance.”
Co-CEO and CFO Moritz Fuhrmann added:
“By closing a revised and upsized RCF with HCOB, we have further strengthened our balance sheet flexibility and investment capacity, ensuring that MPC Container Ships can act decisively across market cycles.
The consistent execution of our capital allocation strategy has resulted in a significant reduction in debt costs over the past years, combined with a manageable leverage ratio of around 30%. With 30 debt free vessels, our balance sheet remains conservatively structured, giving us the flexibility to fund our fleet renewal program while maintaining sustainable distributions to shareholders.”
The results will be presented in an earnings call today at 15:00 CEST, followed by a Q&A session. The earnings call can be accessed through the following link: https://qcnl.tv/p/hnx5G9unnRz9P0PV6YabpQ