MPC Container Ships ASA/Nkr MPCC

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About MPC Container Ships ASA

MPC Container Ships ASA is a shipping company headquartered in Oslo, Norway, specializing in the ownership and operation of container ships. The company focuses on serving intra-regional transportation routes, particularly in Europe, Asia, and the Middle East. Its fleet consists of vessels designed to efficiently handle containerized cargo, catering to varying demands across its service routes. MPC Container Ships ASA benefits from strategic market positioning through its flexible and scalable operations, which allow for adaptation to changing market dynamics. Established in response to the growing demand for container shipping, the company emphasizes operational efficiency and sustainable practices within the global shipping industry.
Ticker
Nkr MPCC
Sector
Mobility
Primary listing
XOSL
Employees
40
Headquarters
Oslo, Norway

MPCC Metrics

BasicAdvanced
kr 13B
6.32
kr 4.39
0.26
kr 1.87
6.74%

Bulls say / Bears say

MPCC has a US$2.2 billion charter backlog, covering 99% of open days in 2026 and 85% in 2027. That gives earnings strong near-term visibility and reduces its exposure to a volatile spot charter market. (Inderes, Container News)
Fleet renewal is adding younger, more efficient ships with revenue already secured: four 7,000-TEU vessels bought in 2026 have three-year fixed-rate charters expected to produce about US$180 million of revenue. This should improve the fleet’s competitiveness as efficiency requirements tighten. (Container News, Xinde Maritime News)
MPCC retains financial flexibility to fund its expansion, with 30 debt-free vessels and leverage of 28.4% at the end of Q2. It also maintained a recurring quarterly dividend of US$0.04 per share, supported by high utilisation of 98.8%. (Inderes, Simply Wall St News)
Q2 earnings show that profitability is already easing: revenue fell to US$116.9 million from US$137.9 million a year earlier, while adjusted EBITDA dropped to US$65.0 million from US$80.7 million. Average time-charter earnings also declined, pointing to weaker underlying earnings power. (Inderes, Container News)
The backlog protects the next two years better than the following ones: coverage falls to 60% for 2028 and 39% for 2029. At the same time, a large global orderbook and a possible return to Red Sea routing could release capacity and pressure charter rates and vessel values. (Xinde Maritime News, Simply Wall St News)
The fleet renewal programme brings execution and shareholder-funding risk: MPCC has 17 newbuildings on order, took on a US$375 million term loan and raised US$107 million through a private placement. The new shares dilute existing holders, while the dividend has fallen to US$0.04 from US$0.05 a year earlier as cash is redirected towards investment and debt management. (Xinde Maritime News, Container News)
Data summarised monthly by Lightyear AI. Last updated on 17 Sept 2026.

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Market data provided by CBOE Europe and Deutsche Börse.