Oslo-listed tonnage provider MPC Container Ships (MPCC) said in a stock exchange filing that it sold five vessels en bloc, involving three 1,300 teu vessels and two 2,000 teu vessels.
According to Greek media reports, the five vessels were bought by Nikolas Pateras-owned Contships Logistics. The vessels in question are the 2010-built AS Alexandria and AS Anita, as well as the 2008-built AS Filippa, AS Fabrizia, and AS Floriana. Delivery to the Greek firm will take place between April and June 2025.
Two more vessels were sold separately to unrelated parties. The average age of the seven sold vessels is 17 years, and the transactions imply a net asset value of NOK 30 ($2.86) per share.
The five vessels will be sold with the existing charters attached, which will reduce the revenue backlog by approximately $40m, subject to the respective handover dates. Of the total amount, $24m relates to the backlog for 2025.
Consequently, MPCC reduced its financial guidance for 2025. The updated guidance for 2025 revenue is between $485m and $500m, down from the previous revenue guidance of $515m and $530m.
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