Oslo/Rhoon, 28 February 2020 - MPC Container Ships Invest B.V. (the "Company", together with its subsidiaries the "Group") today published its unaudited financial report for the twelve-month period ended 31 December 2019. The Group reported a net loss of USD 9.4 million for Q4 2019 (Q3 2019: net loss of USD 7.0 million) and a net loss of USD 25.9 million for Q4 YTD 2019 (Q4 YTD 2018: net loss of USD 3.1 million).
As at 31 December 2019, the Group owns 39 container vessels between 1,000 – 2,800 TEU.
Further information and contact:
About MPC Container Ships Invest B.V.:
The Company was formed in September 2017 as a wholly-owned subsidiary of MPC Container Ships ASA (Oslo Stock Exchange ticker code "MPCC"). The Company’s main activity is to own and operate a portfolio of container ships with a focus on the feeder segment between 1,000 and 3,000 TEU. On 14 June 2018, The Company listed its USD 200 million senior secured bond with ISIN NO0010805872 on the Oslo Stock Exchange (ticker code "MPCBV").
The Company is registered and has its business office in Rhoon, the Netherlands. For more information, please see our webpage: www.mpc-container.com