- Completion of the balance sheet optimization in Q4 2021 leading to more than 30 vessels being unencumbered
- The container market started the year 2022 even stronger than it ended 2021
- Over the past weeks, MPCC has concluded seven additional multi-year charter fixtures (at strong rates and for forward positions) and one additional vessel sale
-
As of
1 January 2022 contracted revenues increased to~USD 1.2 billion and projected secured EBITDA is more thanUSD 850 million -
An amount of
USD 150 - 160 million in proceeds from vessel sales is available for event-driven distributions already in Q1 2022 -
An extraordinary general meeting will be held on
28 January 2022 , where authorisations for both dividend distributions and share buy-backs are proposed to be granted to the board, to commence event-driven and recurring distributions
For further details on the market and operational update on the Company, please refer to the attached presentation. An investor call will be hosted on Wednesday 19 January at
The above information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Investor call and webcast:
The Company will host a webcast for the investor call commencing on Wednesday
The event is being streamed. It is recommended that you listen via your computer speakers. Please note that for optimal viewing, it is recommended not to use VPN, but instead to connect directly to the internet. Please disable pop-up blockers in order to view the content in its entirety.
The live webcast can be accessed through the following link:
https://edge.media-server.com/mmc/p/fibfi3gn
Alternatively, participants may dial in to the earnings call using the below dial-in information:
Norwegian LocalCall Dial-In (
US LocalCall Dial-In (
International/Toll Attendee Dial-In: +44 (0) 2071 928000
Conference ID: 3396473
Further information and contact:
For further information, please contact ir@mpc-container.com.
About
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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.
https://news.cision.com/mpc-container-ships-asa/r/mpc-container-ships-asa-publishes-container-market-and-operational-update,c3488076
https://mb.cision.com/Public/17513/3488076/93afea0bc5dc8747.pdf
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