MPCC, NCL and Elkem inaugurate NCL VESTLAND, the first of two dual-fuel 1,300 TEU newbuildings to be delivered in 2025

01 Apr 2025 19:22 CEST

Haugesund, Norway, 1 April 2025: MPC Container Ships (the "Company"), in
partnership with North Sea Container Line AS (NCL) and Elkem ASA, today
celebrated the christening of NCL VESTLAND in Haugesund, Norway. This marks
the commencement of the vessel's service between Western, Central and Northern
Norway and Rotterdam.

The container feeder vessel is the first of two MPCC dual-fuel 1,300 TEU
newbuildings to be delivered in 2025. The vessels come with 15-year time
charters to NCL, backed by CoAs from various parties, including a 15-year CoA
with Norwegian industrial group Elkem. The vessels will enable more effective
and environmentally friendly transportation of Norwegian goods and critical
metals and materials to European and international markets.

"Together with our partners NCL and Elkem, this project allows us to set up a
green transportation corridor in Northern Europe, whilst allowing us to make
the right move towards a further decarbonisation of the fleet. It also
demonstrates that we can meet ambitious environmental goals by joining forces
with like-minded partners and we are excited to facilitate a green container
shipping supply chain along the Norwegian coastline," says Constantin Baack,
CEO of MPCC.

NCL VESTLAND is the first dual-fuel vessel in the MPCC fleet which enables
operation on methanol, allowing MPCC to take a significant leap forward in its
commitment to use low-emission solutions in regional container trades. With
more dual-fuel vessels to come, they are integral to our fleet renewal and
emissions reduction strategy, positioning the Company as a fuel-agnostic
early-mover and knowledge partner in fostering a more sustainable shipping
industry. Through these selective investments, MPCC not only aims to reduce
its carbon footprint but also to create long-term shareholder value by
extending charters and enhancing the long-term competitiveness of its fleet.

For more information, contact:
ir@mpc-container.com

About MPC Container Ships
MPC Container Ships ASA (ticker code "MPCC") is a leading container tonnage
provider focusing on small to mid-size container ships. Its main activity is
to own and operate a portfolio of container ships serving intra-regional trade
lanes on fixed-rate charters. The Company is registered and has its business
office in Oslo, Norway. For more information, please visit
www.mpc-container.com.

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