The container shipping industry is witnessing a recovery, with freight rates above 2016 levels and charter rates trending upward in the first quarter of 2017. To address the rising demand, MPC Capital has established MPC Container Ships and raised $100 million in equity to fund investment into 1,000 and 3,000 TEU container ships.
It shows our vital competence to structure innovative deals in the shipping business, and underpins our ability to identify attractive investment opportunities in niche sectors that are ahead of markets and to connect investors to this strategy.- CEO, MPC Capital
Market analysts such as Maritime Strategies International (MSI) have forecast a market-wide recovery for the container shipping sector, and have reported that supply and demand dynamics for the small-size segment are particularly favourable as they "provide insulation against downside risks."
MPC Container Ships has already secured an initial fleet of container ships, which will receive technical and commercial management services from MPC Capital's subsidiaries Ahrenkiel Steamship and Contchart.